This week’s article makes a valid point, that “safeguarding financial wellness requires an all-encompassing view of a person. This means considering their tangible assets (including savings and property), but also less tangible assets such as health, skills and career readiness to work longer”. Even before COVID-19 caused us to examine more closely our retirement readiness, we may not have been focusing on the fact that “on average, individuals are outliving their money by between eight and 20 years; women in particular are at the sharp end of this scale, with longer lives and pension savings around 40% lower than men’s.” If you’d like to realign your goals, give us a call. We’re always here to help and may have some options you haven’t considered.
