Fraud Notice

Retirement planning for ourselves is not always straightforward, so, is planning for the retirements of our offspring something we should be concerned about or is it something they should take care of for themselves?

According to a recent CNBC article, “the idea isn’t so farfetched” and on reflection it is not difficult to understand why.

For start, we really don’t know what the future will hold. For example, in 10, 20 or 30 years what will an IRA, Roth IRA or 401k look like and what will the terms be? Can we be sure our children will be able to access these accounts. And for those with cross-border wealth management concerns, we cannot confidently predict the future of QROPS, SIPPs and other private pensions and pension transfer vehicles. Lastly, and perhaps most importantly, against the background of ageing populations in the west, who knows whether state and federal social security systems will still be viable.

New Year’s resolutions: everyone makes them but not everyone sticks to them.

When it comes to your financial and retirement planning, there is no substitute for being disciplined and organised and there is no better time to sort out your strategy than the advent of the New Year.

In fact, getting on top of your financial and retirement planning can pay-off in other ways by helping to clear your head and reduce your anxieties so that you can focus on other important details of your life.

Here we take a look at three things you can do to set the right tone for the year ahead.