Product Description

Retirement may be the end of full-time work but there's no doubt you'll be kept busy managing your finances. The decisions start on the day you decide to draw a pension and continue throughout retirement. This practical guide will help you organise all aspects of your finances to best advantage. It covers: Pensions - the choices you make at the point of retirement could be the most important you ever make. They can determine your financial well-being for the rest of your life. Savings and investments - in retirement, the goals you have and the risks you are comfortable taking are usually different from those of earlier life. This guide takes you step-by-step through building an appropriate plan and selecting suitable investments. Boosting your income - other ways to finance retirement are explored, such as home income plans and similar schemes, continuing to work, and claiming all the state benefits to which you are entitled. Tax - dealing with tax returns and self-assessment can seem daunting, especially if you have spent a lifetime being taxed through PAYE. This guide shows you how to get on top of the system. Funding long term care - Ii's natural to be concerned about what would happen if you could no longer look after yourself, but you can plan ahead for peace of mind. Inheritance - with a bit of forward planning, you can pass on your wealth to your heirs without filling the Inland Revenue's pockets.

Product Details

• Amazon Sales Rank: #558557 in Books
• Published on: 2005-07-01
• Original language: English
• Binding: Paperback
• 288 pages

About the Author
Jonquil Lowe is a freelance journalist and former head of Money Group at Which? She is the author of several other Which? books on personal finance, including Be Your Own Financial Adviser, Planning Your Pension and Giving and Inheriting.