Publisher's Synopsis
With the emphasis firmly placed on financial considerations, the fifth edition of this book offers advice on how to achieve and maintain a happy and secure retirement. Every aspect is covered to ensure sound retirement planning, providing anyone contemplating, or advising on, retirement with reliable information and guidance.;This edition is fully up-to-date to the Finance Act 1994 and has been rewritten to focus on financial considerations of planning for retirement. It offers details on the overall framework in which pensions improvements can be made and considers the wide range of options available when taking a pension on retirement. Details of a range of tax efficient investments are given and it also offers advice on the benefits provided by the State and the impact of the Community Care Act on caring for the elderly.;The first section concentrates on investments for retirement and in particular pensions. The second section looks at more general areas of personal financial planning, including tax, wills and trusts. There is also a chapter on retiring abroad. The third section considers the elderly. Finally there is a chapter containing a list of useful addresses and other details on where to get information.