Magnus ebrochure Pension Planning (PDF)

Pens
i
onPl
a
nni
ng
Whet
heryou’
r
ea
nex
pa
ts
el
edi
na
not
herc
ount
r
yorl
i
vi
ngi
nyourc
ount
r
yf
r
om bi
r
t
ht
her
es
pons
i
bi
l
i
t
yonpl
a
nni
ng
a
dequa
t
el
yf
oryourr
er
ementr
es
t
ss
ol
el
yonyours
houl
der
s
.I
fyou’
r
ea
nex
pa
tus
ua
l
l
ynei
t
hert
hel
oc
a
lgov
er
nmentnor
yourempl
oyerpr
ovi
desf
ora
nypens
i
on.Ev
eni
fyouha
v
es
omes
or
tofpr
ovi
s
i
onei
t
herf
r
om yourhomec
ount
r
ys
t
a
t
eor
per
s
ona
la
r
r
a
ngement
st
hea
mounti
sus
ua
l
l
ywoef
ul
l
yl
ow.
Thebur
denofr
es
pons
i
bi
l
i
t
yf
orens
ur
i
nga
dequa
t
el
ev
el
sof
i
nc
omei
nr
er
ementha
smov
edf
r
om t
hes
t
a
t
et
ot
hei
ndi
vi
dua
lnoma erwhi
c
hc
ount
r
yyoul
i
v
ei
n.Duet
oa
dva
nc
esi
n
medi
c
a
ls
c
i
enc
epeopl
ea
r
el
i
vi
ngl
ongera
ndgov
er
nment
sa
r
oundt
hewor
l
dc
a
nnots
us
t
a
i
nt
hei
robl
i
ga onsi
nt
hi
sr
ega
r
d.
Asar
es
ul
tgl
oba
lr
er
ementa
gesa
r
er
i
s
i
ng.Y
ouwi
l
lbes
t
a
gger
eda
tt
hea
mountyouwi
l
lneedt
os
eta
s
i
det
hr
oughout
yourwor
k
i
ngyea
r
st
oa
l
l
owyout
or
er
ewhenyouwa
ntwi
t
ha
na
mountt
ha
twi
l
la
tl
ea
s
tma
i
nt
a
i
nyourc
ur
r
ents
t
a
nda
r
d
ofl
i
vi
ng–i
fnoti
nc
r
ea
s
ei
t
.So,
wea
l
lk
nowweha
v
et
opl
a
na
c
c
or
di
ngl
y
.
Al
t
er
na v
el
ywedon’
tpl
a
n!Soi
ma
gi
neyour
ea
c
h
r
er
ementa
ge65yea
r
sol
dgl
oba
l
l
y-wi
t
hnotenoughmoneyt
oa
l
l
owyout
or
er
e?Wha
ta
r
eyourop ons
?As
s
umi
ng
youa
r
ei
ngoodhea
l
t
hyouc
oul
dc
on nuewor
k
i
ng.
.
.
how l
ongf
or
.
.
.
a
ge70,75,80orbeyond?Wha
ti
fyou’
r
enoti
ngood
hea
l
t
h?Wi
l
l
youha
v
et
or
el
yont
hes
t
a
t
e(
i
ft
ha
t
’
sa
nop on?
)
,f
a
mi
l
y
,f
r
i
ends
.
.
.
howwoul
dt
ha
tma
k
eyouf
eela erwor
k
i
ng
f
ora
na
v
er
a
geof45yea
r
s
?Wha
ti
fl
i
k
emos
tpeopl
ewhent
heys
t
a
r
tt
hei
rwor
k
i
ngl
i
v
es
,i
nt
hei
rea
r
l
yt
wen es
,a
i
mt
o
r
er
ebyt
he met
hei
r30or40.Ra
r
el
yha
ppens
.
Thent
her
ea
l
i
s
a onda
wnsont
hem a
ndt
hei
rnex
tt
a
r
geti
s50,t
hen55,
t
hent
heyfina
l
l
ya
c
c
eptt
heywi
l
lha
v
et
owa
i
tun lev
er
yoneel
s
er
er
esa
ta
ge65.
.
.
.
.
i
ft
heyc
a
n.Buti
tdoes
n’
tha
v
et
obe
t
hi
swa
y
.Ca
s
tyourmi
ndt
obei
ng60or70yea
r
sol
d.
.
.
wha
twoul
dyouwa
ntt
obedoi
ng?Wher
ewoul
dyouwa
ntt
ol
i
v
e?
Formos
tpeopl
et
hea
ns
wer
sa
r
equi
t
es
i
mpl
e.
.
.
ha
vi
ngt
heop onofdoi
ngnot
hi
ngornota
ndl
i
vi
ngwi
t
hf
a
mi
l
ynea
r
f
r
i
ends
.Bot
hofwhi
c
hr
equi
r
eenoughmoneyc
omi
ngi
nonar
egul
a
rba
s
i
sf
r
om s
a
vi
ngsyouha
v
ebui
l
tupov
eryour
wor
k
i
ngl
i
f
e me.I
t
’
sa
l
la
bouteduc
a ngyour
s
el
f
.
Y
ourf
ut
ur
es
el
fwi
l
lt
ha
nkyouenor
mous
l
y!

Re r
ementPl
a
nni
ng

Wheni
st
hebes
t met
os
t
ar
ts
avi
ng?
T
obebl
unt
,f
r
om bi
r
t
h!Thes
ec
ondbes
ti
sr
i
ghtnow.I
ma
gi
nei
fyourpa
r
ent
ss
etupapens
i
onpl
a
nf
oryouf
r
om bi
r
t
h.
Wha
twoul
dt
heva
l
uebenow.
.
.
enoughf
oryout
or
er
et
oda
y?Pr
oba
bl
y!
Twent
yort
hi
r
t
yyea
r
sf
r
om now,
youwi
l
lbek
i
c
k
i
ngyour
s
el
fwi
s
hi
ngyouha
da
tl
ea
s
tr
egul
a
r
l
yputal
il
ea
wa
yf
oryour
l
a
t
eryea
r
s
.I
ti
ss
i
mpl
yama erofpr
i
or
is
i
ng.Forl
os
tyea
r
swhenyouc
oul
dha
v
es
a
v
edyouha
v
ea
l
r
ea
dyl
os
ts
ubs
t
a
na
l
c
ompoundedgr
owt
ha
nd mei
nt
hema
r
k
et
.Butyouc
a
nc
a
t
c
hupa
l
bei
tyouwi
l
lneedt
oputmor
ea
s
i
det
oda
ya
syou
ha
v
eas
hor
t
er meper
i
odt
oa
c
hi
ev
eyourgoa
l
.

2|

How muc
hs
houl
dIs
ave?

Re r
ementPl
a
nni
ng

Se nga
s
i
debet
ween1020% ofwha
tyouea
r
nmont
hl
yoryea
r
l
y
.I
tgoeswi
t
houts
a
yi
ng;t
hemor
eyous
eta
s
i
det
he
mor
eop onsyougi
v
eyour
s
el
f
.I
fyouc
ur
r
ent
l
yha
v
eal
ow di
s
pos
a
bl
ei
nc
omeyous
houl
da
i
mf
orupt
o10%.I
fyouha
v
ea
hi
ghdi
s
pos
a
bl
ei
nc
omeyous
houl
da
i
mf
orupt
o20%.Howev
ermuc
hyous
t
a
r
twi
t
h,t
hema
i
nt
hi
ngi
st
ha
tyous
t
a
r
t
.I
n
ba
s
i
ct
er
msyouneedt
os
a
v
eea
r
l
y
,s
a
v
eo en,s
a
v
emor
e,s
a
v
el
onger
.
Y
ous
houl
dbes
a
vi
nga
na
mountyouf
eel
c
omf
or
t
a
bl
ewi
t
honar
egul
a
rba
s
i
sba
s
edonyourc
ur
r
entfina
nc
i
a
ls
i
t
ua on.Howev
er
,
youdoha
v
eflex
i
bi
l
i
t
ya
c
r
os
sa
l
l
ourpl
a
ns
.
Y
ouc
a
ni
nc
r
ea
s
e/
dec
r
ea
s
e,s
t
op/
s
t
a
r
t
,t
a
k
ea
ni
ndefini
t
ec
ont
r
i
bu onhol
i
da
ya
ndpa
yi
noneoffl
umps
umsa
s
yourc
i
r
c
ums
t
a
nc
esc
ha
nge.
Y
ouc
a
na
l
s
oa
c
c
es
st
hes
a
vi
ngsea
r
l
i
ert
ha
nneededi
fr
equi
r
ed.
Y
oura
l
l
oc
a
t
edper
s
ona
l
fina
nc
i
a
la
dvi
s
erwi
l
lunder
t
a
k
ea
nex
er
c
i
s
et
owor
kouthow muc
hyous
houl
dbes
a
vi
ngba
s
edonyourper
s
ona
l
c
i
r
c
ums
t
a
nc
est
oa
c
hi
ev
eyourgoa
l
.
Y
ouc
a
ns
t
a
r
ts
a
vi
ngf
r
om a
sl
il
ea
s$450(
ot
herc
ur
r
enc
i
esa
r
ea
va
i
l
a
bl
e)permont
h.
Onc
eyourfina
nc
i
a
la
dvi
s
erha
swor
k
edouthow muc
hyous
houl
dbes
a
vi
ngt
henex
ts
t
epi
st
owor
koutwher
ei
st
hebes
t
pl
a
c
et
os
a
v
es
oyoudon’
tneedt
oputs
omuc
ha
wa
yt
oa
c
hi
ev
eyourendgoa
l
.

3|

Re r
ementPl
a
nni
ng

I
nwhi
c
hc
ur
r
enc
ys
houl
dIi
nves
ti
n?
Thec
ur
r
enc
yoft
hec
ount
r
yyoui
nt
endt
or
er
ea
ndt
her
ef
or
es
pendt
hemoney
.
Thi
si
sa
l
s
ok
nowna
syour‘
ba
s
e
c
ur
r
enc
y’
.Y
ouc
a
ni
nv
es
ti
nmos
tc
ur
r
enc
i
esi
nc
l
udi
ngUSD,GBPa
ndEUROS.

4|

Wher
ei
st
hebes
tpl
ac
et
os
ave?

Re r
ementPl
a
nni
ng

Y
ourmi
ni
mum t
a
r
geti
st
obea
ti
nfla onyea
ri
nyea
rout
.
Thi
si
snott
hei
nfla onr
a
t
eofwher
eyouc
ur
r
ent
l
yr
es
i
debutt
he
i
nfla onr
a
t
eoft
hec
ount
r
yyoui
nt
endt
or
er
ei
na
ndt
her
ef
or
es
pendt
hemoney
.
Bea
r
i
ngi
nmi
ndyouneedt
oa
c
hi
ev
eal
ongt
er
m dec
entr
et
ur
npl
a
c
i
ngyourmoneyi
naba
nki
sofc
our
s
enott
hebes
t
op on.Byk
eepi
ngmoneyi
nt
heba
nk
,i
nt
hi
sl
ow i
nt
er
es
tr
a
t
ewor
l
d,i
nr
ea
lt
er
msyouwi
l
lbel
os
i
ngmoneyea
c
hyea
ra
s
t
her
a
t
eofi
nfla oni
sea ngi
nt
ot
hebuyi
ngpower
.
Thei
dea
ls
ol
u on,t
her
ef
or
e,f
orl
ongt
er
mi
nv
esnga
r
emut
ua
lf
unds
.
I
ti
sapr
ov
enhi
s
t
or
i
c
a
lf
a
c
tt
ha
tf
undsha
v
eout
per
f
or
meda
l
lot
hera
s
s
etc
l
a
s
s
esl
ongt
er
mi
nc
l
udi
ng,c
a
s
h,bonds
,
pr
oper
t
y
,c
ommodies(
e.
g.gol
d,s
i
l
v
er
)a
nds
pec
i
a
l
i
s
thol
di
ngsl
i
k
evi
nt
a
gec
a
r
s
,finewi
neset
c
.

5|

Wher
ei
st
hebes
tpl
ac
et
os
ave?

Re r
ementPl
a
nni
ng

Y
ourmi
ni
mum t
a
r
geti
st
obea
ti
nfla onyea
ri
nyea
rout
.
Thi
si
snott
hei
nfla onr
a
t
eofwher
eyouc
ur
r
ent
l
yr
es
i
debutt
he
i
nfla onr
a
t
eoft
hec
ount
r
yyoui
nt
endt
or
er
ei
na
ndt
her
ef
or
es
pendt
hemoney
.
Bea
r
i
ngi
nmi
ndyouneedt
oa
c
hi
ev
eal
ongt
er
m dec
entr
et
ur
npl
a
c
i
ngyourmoneyi
naba
nki
sofc
our
s
enott
hebes
t
op on.Byk
eepi
ngmoneyi
nt
heba
nk
,i
nt
hi
sl
ow i
nt
er
es
tr
a
t
ewor
l
d,i
nr
ea
lt
er
msyouwi
l
lbel
os
i
ngmoneyea
c
hyea
ra
s
t
her
a
t
eofi
nfla oni
sea ngi
nt
ot
hebuyi
ngpower
.
Thei
dea
ls
ol
u on,t
her
ef
or
e,f
orl
ongt
er
mi
nv
esnga
r
emut
ua
lf
unds
.
I
ti
sapr
ov
enhi
s
t
or
i
c
a
lf
a
c
tt
ha
tf
undsha
v
eout
per
f
or
meda
l
lot
hera
s
s
etc
l
a
s
s
esl
ongt
er
mi
nc
l
udi
ng,c
a
s
h,bonds
,
pr
oper
t
y
,c
ommodies(
e.
g.gol
d,s
i
l
v
er
)a
nds
pec
i
a
l
i
s
thol
di
ngsl
i
k
evi
nt
a
gec
a
r
s
,finewi
neset
c
.

6|

Re r
ementPl
a
nni
ng

Whati
sanEqui
t
y
/
St
oc
k/
Shar
e?
Si
mpl
yputi
ti
spa
r
towner
s
hi
pofac
ompa
ny
.

Whati
saf
und?
Si
mpl
yputi
ti
sac
ol
l
ec onofequies
/
s
t
oc
k
s
/
s
ha
r
esa
ndot
hert
ypesofs
ec
ur
ies
.

7|

Re r
ementPl
a
nni
ng

Whygl
obaldi
ver
s
i
fic
a on?
Theonl
yi
nv
es
t
or
swhos
houl
dn’
tdi
v
er
s
i
f
ya
r
et
hos
ewhoa
r
er
i
ght100% oft
he me!Thequesononmos
ti
nv
es
t
or
s
’
mi
ndsa
tt
hebegi
nni
ngofea
c
hNewY
ea
ri
s‘
whi
c
hfina
nc
i
a
lma
r
k
et
swi
l
lt
opt
heper
f
or
ma
nc
ec
ha
r
t
sov
ert
henex
t12
mont
hs
?
’
I
nt
hemedi
a
,s
oc
a
l
l
ed‘
i
nv
es
t
mentex
per
t
s
’
r
egul
a
r
l
yma
k
et
hei
rpr
edi
c onsa
st
owhi
c
ha
s
s
etc
l
a
s
s
eswi
l
l
per
f
or
ms
t
r
ongl
yorpoor
l
y
.
Theda
ngeri
st
ha
tt
hes
ef
or
ec
a
s
t
sma
yenc
our
a
gei
nv
es
t
or
st
oa
l
l
oc
a
t
eal
a
r
gea
mountoft
hei
r
i
nv
es
t
mentporol
i
ot
oc
er
t
a
i
na
s
s
etc
l
a
s
s
esa
tt
heex
pens
eofot
her
s
.
Thes
eex
per
t
smi
ghtbea
bl
et
os
ugges
tpot
en a
l
oppor
t
unies
,buti
ti
smor
eorl
es
si
mpos
s
i
bl
ef
ora
nyonet
opr
edi
c
twhi
c
hi
nv
es
t
ment
swi
l
ldel
i
v
ert
hebes
tr
et
ur
nea
c
h
yea
r
.Webel
i
ev
et
hek
eyt
os
uc
c
es
s
f
uli
nv
esngi
st
oc
r
ea
t
eadi
v
er
s
i
fiedi
nv
es
t
mentporol
i
o.
Y
ouc
anac
hi
e
v
edi
v
e
r
s
i
fic
a oni
nanumbe
rofway
s
,
butt
het
womos
tpopul
arappr
oac
he
sar
e

8|

ouc
anac
hi
e
v
edi
v
e
r
s
i
fic
a oni
nanumbe
rofway
s
,
butt
het
womos
tpopul
arappr
oac
he
sar
e
:
Y

Re r
ementPl
a
nni
ng

1.Byas
s
etc
l
as
s
Fi
na
nc
i
a
lma
r
k
et
smov
eupa
nddowna
tdi
ffer
ent mes
.I
ti
sr
a
r
ef
orapa
rc
ul
a
ra
s
s
etc
l
a
s
st
oc
ons
i
s
t
ent
l
yper
f
or
m wel
l
yea
ra eryea
r
.Forex
a
mpl
e,dur
i
ngt
hefina
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