52- Retirement Living Standards (Have You Thought About What You'll Need?)

Would you rather have a minimum, moderate or comfortable standard of living in retirement? Silly question?The strangest thing however is so few of us actually start planning with the end in mind. Have you ever actually considered 'how much' you'll need in retirement or are you saving blindly every month and hoping for the best?! Here's the research mentioned in this episode. It's well worth a read to help bring your needs to life and help conceptualise where you're going. Because if you don't know what you're working towards then how do you know whether you're doing it right today? Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.