Many of us don’t like talking about pensions and retirement – so let’s talk about fruit instead. Fruit is juicy and delicious. 🍉
If you want your own supply of fruit, your best option is to plant a tree. You’ll spend some time and energy nurturing that tree until it grows big and strong enough to produce fruit. Your hope is that the fruit will sustain you further down the road.
What happens if the rains fail and the tree doesn’t produce fruit? What happens if the tree gets blight and dies?
Generally you won’t want to rely on just one tree. And you’ll probably choose to diversify the types of tree you plant, in case one particular strain catches blight and doesn’t produce fruit.
Yum yum yum. Pies, jams, fruit salads…sloe gin. A satisfying harvest.
This simplified metaphor is a way to say there’s a pension crisis looming – if it isn’t here already. You don’t want to be caught up in it.
Your retirement will be sustained by the savings and investments you manage to accumulate before you retire.
I’ve said it before: Nearly 40% of Britons are not contributing enough to pensions to maintain their lifestyle in retirement, according to government statistics.
Question for you: What will it take for you to NOT be part of that 40%?
🧑🎓 What knowledge do you need?
🛠️ What resources do you need?
🤝 What opportunities do you need?
😖 And will your future self regret not sorting this out early enough?
Would you like to find out where you are in the retirement scale?
Book a FREE check up today!
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About Master Your Finances
Master Your Finances helps to make money matters simple for everyone. This mission is guided by the principle that you are the best person to make decisions about your own personal finances.
Built on three central pillars of self-responsibility, simplicity and independence, Master Your Finances focuses on empowering people to save, manage and grow their money in the UK.
Through founder and managing director Leticia Fonseca, Master Your Finances has helped thousands of individuals master their finances through guidance on how to:
- Get out of debt
- Organise their finances and start budgeting
- Invest in the UK
- Boost their retirement savings
Master Your Finances offers services and structures to suit a variety of needs:
- Personalised one-to-one financial wellbeing sessions
- On-demand money management courses
- Group workshops
- Group mentoring programmes to start investing in the stock market
- Financial well-being awareness seminars
Find more information at masteryourfinances.co.uk
