We are persuaded not to use the term “Financial Planning”, so I am wondering what we could use to describe this term instead, as most people spend more time planning their holidays than on their financial planning, perhaps “Future Holiday Planning” could be used instead.
Because when you choose to cease work, or are forced to retire, you will have a complete reversal of your working life situation, instead of having income through the door every month and limited time to spend and enjoy it…
You will have to rely upon your pension pot and your investments to be able to live your life to the full – or otherwise.
I find it quite odd that many people who are only putting aside 5% of their salary or earnings into a pension, somehow believe that they are going to be in receipt of 100% of their full salary at the end of their working life!
The same people rarely look at their pension statements and are quite happy to put up with poor investment performance in their pension, despite the fact that this will relate directly to the income they receive at the end.
It is only then that Realisation dawns upon them, too late, so they often use phrases such as:
“Pensions are no good,” “Got bad advice,” or even – “No one told me to put more into my pension!”
It is your responsibility to safeguard your future, so please do something about it now, whilst you still have some years before you, either to accumulate more capital or take strategic steps to improve your future income elsewhere.
The meaning of Realisation is the achievement of something desired or anticipated.
“he did not live to see the realisation of his dream.”
synonyms: fulfilment, achievement, accomplishment, attainment, bringing to fruition…
If you are over 40, take a serious look at your Future Holiday Planning or Contact Us.
