New beginnings

The description of retirement as a new beginning is nowhere more true than in investment. A well-constructed strategy can lay the foundation for financial security, and from that fulfilment in later years. When considering the right strategy to follow there is a need to look for individual approaches to meet individual needs But some things are likely to be true for most of us; a gradual move from capital accumulation to consumption, a tolerance of risk that reduces as opportunities to replace lost capital diminish, and a need to maintain the purchasing power of income and capital over time...