Eighty six percent of citizens have little confidence in their retirement plans or indeed, no plan at all. Many have no idea how much they should be saving to ensure some degree of financial stability in their retirement. Retirement planning can be difficult – a ‘one size fits all’ approach will not work. Everyone is in a different financial situation and retirement planning is difficult, perhaps even impossible for some individuals on low incomes. This is why getting good financial advice is essential – there are aspects that should be taken into consideration by everybody.
