Sunday December 8, 2019

Your Money: A guide to preparing for retirement

You need to start thinking about your retirement long before the day arrives, writes Emma Kennedy.

30th March, 2014
Lay the groundwork for your retirement well in advance. Picture: Getty

Any new phase in your life - be it getting married, buying a house or having a child - requires careful financial planning. Preparing for retirement is no different.

In your 50s and 60s, the end of your working life may still be a while off, but it is close enough that planning is required.

Long before you hang up your work boots, you need to consider the change in income that will result from...

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