Moving abroad upon retirement is an option that has become increasingly popular among Brits in recent years, with many jumping at the chance to take advantage of more affordable housing, great weather and perceived lifestyle enhancements far from the Brits shores.
What exactly does that mean ‘The happiness dividend’? Curios then you may enjoy reading ‘Mindful Money’.
The book offers a thoughtful reassessment of how money is just a tool, not the destination.
Is it possible to be a conscientious member of society and grow wealth? The author, a Buddhist and a financial planner, says yes and explains how money drives many of our decisions. We all worry about earning it, spending it, and saving it — regardless of our income level or spiritual perspective. Yet few of us understand money’s true nature. The book explores your deepest beliefs, covers topics to save, invest, pay off debt, and fund your retirement and dreams by building a lifetime income stream. With a foreword by Pulitzer Prize–winner Alice Walker, Mindful Money does all this while emphasising that money is a tool you can use to support your lifestyle, reach your goals, and earn the “happiness dividend” everyone deserves.
Tracking down a personal or workplace pension
In order to plan for your retirement, you need to figure out how much income you’ll get from all your pensions, including workplace or personal plans, as well as the State Pension.
Taking an active interest in your retirement savings
Millions of savers currently spend very little time reviewing their pensions, with more than a quarter of savers (28%) admitting to never reviewing their retirement savings, while almost a fifth (19%) of those with a pension said they review it less than once every five years according to figures released by Aviva.