19 January 2009
According to recent research carried out by Lincoln Financial
Group, planning for retirement has never been more crucial for
those people approaching retirement. Of those people surveyed, 58%
do not want to rely on a dependent later in life.
In addition 70% also want to ensure that they have enough income
if they became critically ill to avoid relying on their family to
care for them in retirement.
But it is inheritance tax which is a key concern for those
approaching retirement, as Lincoln's research reveals that 79% of
those near or in retirement want to minimise their inheritance tax
bill in order to ensure they are leaving the largest possible
legacy to their beneficiaries.
