
‣ You should start thinking about retirement as soon as you earn money, even if that thought is small and informal.
‣ You should start actively planning for retirement once your income becomes stable, usually in your late twenties or thirties.
‣ And you should review your retirement plan regularly, especially when life changes.
People who delay planning often face:
‣ Higher monthly contributions later in life
‣ Fewer choices around retirement age
‣ Greater stress when income eventually stops
At this stage, retirement feels abstract. The goal is awareness, not perfection.
‣ Understand how workplace pensions work
‣ Check employer contributions
‣ Avoid opting out unless absolutely necessary
This is when retirement planning becomes meaningful.
‣ Review pensions you already have
‣ Understand where your money is invested
‣ Start linking retirement goals to real lifestyle expectations
This stage benefits most from professional guidance.
‣ Consolidating pensions
‣ Reviewing risk levels
‣ Planning tax efficiency
‣ Considering retirement income strategies
The focus shifts from saving to sustainability.
‣ Ensuring income lasts
‣ Managing withdrawals carefully
‣ Protecting against market volatility
Planning earlier gives you:
‣ Choice over when you retire
‣ Choice over how you live
‣ Choice over how your money supports you
You may benefit from regulated financial advice if:
‣ You have multiple pensions
‣ You are unsure how investments align with your goals
‣ You want tax efficient retirement income
‣ You feel anxious about making the wrong decision
The best time to start thinking about retirement was when you first earned money.
The second best time is now.
Thinking about retirement is not about fear. It is about giving your future self options, dignity, and peace of mind.
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