Are we going to run out of Money in Retirement?


Posted March 12, 2013 by deckd19

The report, which looked at 15 countries around the world, went on to say that we Brits will spend 12 years of our old age having to make significant cuts to our living standards, because our savings have been depleted.

 
• Brits are the worst prepared in the world when it comes to retirement.
• On average, our retirement funds will last just seven years.
• Plan ahead, take control, and reap the rewards


Just 7 years of retirement funds
The report, which looked at 15 countries around the world, went on to say that we Brits will spend 12 years of our old age having to make significant cuts to our living standards, because our savings have been depleted.
Is this how you envisage your retirement to be?
The report went on to say that one in five Brits were saving nothing at all for retirement. And two out of three of us fear financial hardship in our old age.

Take action now

Everyone of us should do something about it now.
This is no time to procrastinate, as otherwise you will find that you’ve left it too late to save a sufficient sum.
Time passes a lot quicker than you think as well. One minute you are cradling your new-born baby in your arm, and almost in the blink of an eye, you are ferrying them off to university.
Another way to prepare for retirement is investing on the stock market. DirectTrader has created a program that makes trading easy. It does all the hard work for you and is a reliable source of additional income. The program is easy to use and has been developed to be user friendly for people of all trading experience, enabling the everyday person to prosper from the stock market too.
Reaping the rewards
You can do it too. Putting something away each month, and investing it in shares rather than putting it into a savings account, could make a huge difference to what you get when you retire.
And here’s another thing. Make sure you manage your investments yourself. It is not difficult to build a portfolio of shares using trading software, and reap the benefits of being a long-term shareholder.
We want to help you build a portfolio, so you can benefit from the greater returns on offer from the stock market. This is where our team at DirectTrader can help. Visit www.directtrader.net for more information.
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Issued By relone
Country Singapore
Categories Finance
Tags direct trader , directtader trading software , directtrader , directtrader investments , directtrader pensions , directtrader program , directtrader software , directtrader stock market
Last Updated March 12, 2013