
Retirement finances: 10 top tips if you’re retiring in 2020
By Vicky Shaw. Published 2020-09-02
BOLD-LivingThere’s lots to consider when preparing financially for retirement.
For some workers over 60, 2020 will be a milestone year – not just as it marks the start of a new decade, but because it’s the year they finally retire.Whether you’re excited or daunted by the prospect of retiring, if you have a defined contribution (DC) pension, there may be several options to weigh up when making decisions about your retirement income.Jonathan Watts-Lay, director at WEALTH at Work, a specialist provider of financial education and guidance in the workplace, says: “Many workplaces now offer support to their employees in terms of financial education, guidance and advice, so it is worth speaking to employers to find out what help is available.”To help with the transition towards retirement, WEALTH at Work shares the following 10 tips…