Key Dates
Key Dates - these are the dates in your life to which we tailor our advice and around which we plan your protection, retirement and saving policies/contracts:-
Year |
Implication and your age at the time | You will then be |
2008 |
Currently year - you are both | |
| Your oldest child will be 18 so could start university. Consider paying off mortgage by then. |
||
| Your mortgage is due to be paid off | ||
| Your youngest child will be 23 and should have finished tertiary education | ||
| Your Chosen Retirement age | ||
| State Retirement age | ||
| There is now 7 years to 75 - so consider disinvesting yourself as part of your Inheritance Tax (IHT) planning | 68 |
|
| Age when you have to take the Tax Free cash lump sum and Income from your pension fund has to be taken - it is now called the Alternative Secured Pension (ASP). Consider IHT considerations |
75 |