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By Simon Mayoh, Financial Planning Consultant, Armstrong Watson LLP

By Simon Mayoh, Financial Planning Consultant, Armstrong Watson LLP

By Simon Mayoh, Financial Planning Consultant, Armstrong Watson LLP IT’S fair to say that value is very much subjective as individuals will find value in different things. The Collins Dictionary defines Value as “the value of something such as a quality, attitude, or method is its importance or usefulness. If you place a particular value on something, that is the importance or usefulness you think it has”. Most people look to access their pension when they retire. At this point, they will assess the value in monetary terms, and how it will fund their lifestyle once their income fr...

Simon Mayoh By Simon Mayoh, Financial Planning Consultant, Armstrong Watson LLP It’s fair to say that value is very much subjective as individuals will find value in different things. The Collins Dictionary defines Value as “the value of something such as a quality, attitude, or method is its importance or usefulness. If you place a particular value on something, that is the importance or usefulness you think it has.” Most people look to access their pension when they retire. At this point, they will assess the value in monetary terms, and how it will fund their lifestyle once the...

By Simon Mayoh, Financial Planning Consultant, Armstrong Watson LLP IT might seem a long way off but the later you leave it the less chance you have of achieving the retirement you want. The Retirement Living Standards, based on independent research by Loughborough University, have been developed to help us to picture what kind of lifestyle we could have in retirement. It shows what retirement could look like at three different levels – minimum, moderate and comfortable - and what goods and services would cost for each level. This can be found at retirementlivingstandards.org.uk. The ...