This unit will introduce you to the nature of retirement, particularly in Europe. It will highlight the importance of starting retirement savings early, the effects of inflation and the important strategy points before starting a retirement plan, along with the usage of a financial calculator regarding retirement needs.

What you will learn

By the end of this unit, you will be able to:

  1. Appraise available retirement options and critically evaluate the importance of formulating and proactively reviewing a retirement plan early in life.
  2. Recognise the available sources for access to pension information and demonstrate increased understanding of the resources.
  3. Distinguish the sources of guidance and regulated financial advice.
  4. Identify the ways in which workplace and personal pension plans can operate.
  5. Relate the tax benefits of making pension contributions.
  6. Employ relevant calculations for a saving for retirement plan and familiarize with the use of a financial calculator.

Course Info

Length: One 1 hour video

Institution: University of Glasgow

Level: medium

Effort: 5 hours

Schedule: Self-paced