Guide: Planning for a longer life: Wellbeing tips and financial management strategies

Average life expectancies have increased significantly in recent years, both in the UK and the rest of the world. While people living longer is always good news, it also brings new challenges for your health and, crucially, your finances.

Maintaining your physical and mental wellbeing over a longer life requires more than just good luck. It involves making intentional choices about your diet, exercise, mental health, and lifestyle. 

At the same time, increased longevity means your financial resources need to stretch further, and financial planning is an important part of ensuring you can enjoy later life without stress.

As well as practical wellbeing tips that could help you enjoy a longer retirement, this useful guide looks at how you might strengthen your financial security in the future. The guide explores some of the potential challenges that may arise, such as:

  • Living longer may mean you want to delay your retirement 
  • Rising life expectancy could mean it’s more important to plan for care
  • Estate planning strategies may need to change if you’re planning for a longer life. 

Download your copy here: Planning for a longer life: Wellbeing tips and financial management strategiesto find out how a longer life could affect your long-term plans. 

If you’d like to talk to us about planning for a longer life, please get in touch. 

Please note: This article is for general information only and does not constitute advice. The information is aimed at retail clients only.

Please do not act based on anything you might read in this article. All contents are based on our understanding of HMRC legislation, which is subject to change.

The Financial Conduct Authority does not regulate estate planning, cashflow planning, tax planning, trusts, Lasting Powers of Attorney, or will writing.

A pension is a long-term investment not normally accessible until 55 (57 from April 2028). The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Past performance is not a reliable indicator of future performance. 

The value of your investments (and any income from them) can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. 

    Please input your information below to download the guide




    Your personal data protection is very important to us. This form collects your name and email so that we can correspond with you. Check out our Privacy Notice for more information and please check the box below to give us your consent to use this information for contact purposes.




    Smart investors subscribe here

    Join 2,000+ readers getting exclusive financial insights every month!
    We won’t send you spam. Unsubscribe at any time.
    About the author
    Picture of Oliver McDonald
    Oliver McDonald
    Oliver is the managing director and independent financial adviser at Engage Wealth Management.
    Share this post
    LinkedIn
    Facebook
    Twitter

    Smart investors subscribe here

    Join 2,000+ readers getting exclusive financial insights every month!
    We won’t send you spam. Unsubscribe at any time.