LONGEVITY – we may have period life expectancy tables to give the average life expectancy, but, nobody lives an average life and knows exactly when they are going to die.
INFLATION – since 1900, average inflation has been 4.32% pa, but the highest one-year rate was +23.32% and we had deflation of -26.02% in one year
MARKET RETURNS – over the same period, the average return from a balanced portfolio before inflation has been 8.7% per annum but the annual variation in returns is massive, with the best positive return in one year being +90.7% and the worst -33.7%
We are all living longer and our pensions will need to last longer, your pension might be needed to last 30+ years, this cannot be done without careful pension planning. Call one of our Financial Planners today , don’t put off today what you think you can do tomorrow, call us at Fitzgerald Flynn 01-2122895
Over the years we have gained some experience. Every month we like to share them with you. Check in with our blog.
Before you call us, maybe your questions have already been answered.