Retirement Planning Seminar Set For Tomorrow

June 29, 2016

Some key questions on pensions will be answered when Colonial Pension Services Ltd. presents a Retirement Planning Seminar tomorrow [June 30] at the Hamilton Princess Hotel from 6 p.m. to 8 p.m. Refreshments will be available after the presentation.

Topics being covered include: how long do people need money to last in retirement, how much retirement savings will people need; how much should people save now, and is retirement even possible?

Laurie Daniels, Customer Service Manager at Colonial Pensions, said: “It is vital to put some planning into your retirement.

“Even though it is mandatory to contribute to a pension in Bermuda, do you really know whether or not what you have accumulated is going to be enough when you
eventually retire? We recommend that you plan now for a successful retirement later.”

She added: “It is also really important that people keep abreast of events like Brexit which has recently rattled the markets and caused uncertainty. This will also be discussed at the seminar.

“We advise that people meet regularly with their financial advisors for advice on what is best for their retirement needs.”

The seminar is also being presented by MFS Investment Management, a global investment company, based in Boston, Massachusetts.

For more information about the Retirement Planning Seminar, or to discuss your retirement planning needs with one of the Retirement Specialists at Colonial Pension Services Ltd., email pensions_reviews_bm@colonial.bm or call 296-7526.

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