Plan ahead for a flexible retirement The Sunday Times ran an article in their Money section.They were looking at the best investment opportunities for people across the age ranges. One gentleman, approaching retirement, had £300,000 to invest. That would give him a retirement income of about £20,000 a year. Not bad – if you have £300,000 to spare. Other figures they gave: if you would like £20,000 a year on retirement and are aged 30, you will need to be saving £289 per month. If you are 50, you will need to be saving £1,276 per month. If you would like £30,000 a year on retirement and are aged 30, you will need to be saving £517 per month. If you are 50, you will need to be saving £2,280 per month. If you would like £50,000 a year on retirement and are aged 30, you will need to be saving £972 per month. If you are 50, you will need to be saving £4,287 per month. Stop, breathe and think. Here are the minimum yearly royalty (pension-style) incomes available from Forever: Manager – £20,000 Senior Manager – £35,000 Soaring Manager – £60,000 Sapphire Manager – £120,000 Diamond Sapphire Manager – £200,000 Diamond Manager – £350,000 And the investment? Your time, commitment, focus, dedication and perseverence. Is it worth 5, 10, 15, 20 years of of your time and effort? What are your options? And who do you know for whom this business is the only real option for a quality lifestyle in later life? Think about it. You owe it to yourself and to those you care about.
