How might my choice of products change during retirement? -
As you become older you may decide that you want to worry less about investment volatility and put more money into a guaranteed income, or you may become ill and need to review your finances perhaps considering care costs.
Although we often focus on the here and now, and getting through the next few years - people are living longer and with that in mind you need to make sure your retirement planning looks further ahead and consider such scenarios.
You may consider using your property - be it a buy to let, down-sizing or using a product such as equity release to help in your later years, but its advised to think about it now so you don't find yourself in difficulties later in life.