This course was created by The Open University in collaboration with Legal & General. 

Planning your retirement is probably the most important aspect of financial planning for you to consider. Making the right decisions and building a sound financial plan can help to ensure that you have the quality of life in retirement that you aspire to. This course sets out the series of stepping-stones to a financially secure retirement. You’ll look at what you can do if your pension is not sufficient to cover your spending needs in retirement, and learn about the impact of divorce and bereavement on pensions and household finances.

 

Course Learning Outcomes

After studying this course, you should be able to:

• estimate how much money you’ll need in retirement 
• understand how pensions – including the state pension – work and how much income they will offer in retirement
• understand the different options for taking money from pension pots and the pros and cons of each choice
• understand the options available should pension income not be enough to match your plans and lifestyle in retirement
• understand how events such as divorce and bereavement can impact your retirement finances and learn how to deal with them.

 

Course duration : 4 hours

You can start this course straight away. Please follow the link in your confirmation email to take you directly to the course.

 

This is an access anytime e-learning resource provided free of charge in association Open Learn

(If you do not receive a confirmation email please check your spam/junk email boxes or sign into  the ‘Your Account’ section of the Learning Hub website to retrieve all of your booking and course information)

 

All Open Learn courses and have been shared by permission of The Open University copyright © and have been licensed for use under the ‘Creative Commons ‘Attributions; Non-Commercial; Share Alike’ License.  

For full information about the Open University visit Home | OpenLearn – Open University.  

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