Jill Kerby on finances at midlife
Jill Kerby, financial journalist and radio contributor, gave a very informative and slightly scary view of how our finances should be organised by the time we hit our 50s!
Jill discussed how to achieve Financial Independence by your Retirement: the importance of not making any more financial mistakes (by our 50s we are starting to run out of time to correct them) - like spending more than we earn, ‘heart attack’ investing, continuing to support adult children, not doing proper succession planning and finally, having no plan for long term retirement/care.
Brilliant talk tons of information to mull over.
Jill is a brilliant speaker, she was so generous with her time and information. I got a lot of very practical and useful information.
I need to visit my bank, find a health insurance broker, review my life assurance and reevaluate my pension. Lots to do. Thank you Jill for all the warnings.