Tag Archives: fitness

3 Top Tips to Plan for a Comfortable and Fulfilling Retirement

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It doesn’t matter what age you are, at some stage you’re going to need to start thinking about how your life’s going to look when it comes time for you to retire from work – and the years beyond. Everyone’s circumstances are different, but whether you plan on living a life of luxury, or are content to just live modestly in your later years, it will pay to have at least some kind of a plan in place.
Here are three things you should consider.

Pay Attention to your Biggest Asset

No, it’s not your car and not even your house; your most important and valuable asset is your health. No amount of money or material wealth can compensate for bad health, and if you don’t take care of your body it won’t serve you well in your retirement. You should be making a lifelong commitment to your health, whatever your age, because neglecting it will cost you dearly – not only in medical expenses, but also the physical lifestyle you’ll be able to maintain. Join that gym, take that walk, make healthy eating choices and ensure you have regular dental and medical check-ups – in a nutshell, just respect your body for the wonderful machine it is and never take your good health for granted. Put simply your health is your wealth!

Get your Pension Plans in Order

While words like pension drawdown, annuity and tax certainly don’t roll off the tongue with the greatest of pleasure, making financial plans for how you’re going to survive when you come to the end of your working life is vital. Don’t be tempted to put organising and managing your pension plans in the ‘too hard basket’, and even if you think you might have left things too late, take heart in the fact that it’s never too late to improve on what you’ve got. The best advice is to engage a good independent financial advisor who’ll be able to advise you on the best wealth growing and pension set up for your individual situation. They may suggest things like a pension drawdown or an annuity to give you an income, they’ll be able to ensure you remain compliant in terms of your tax, and they’ll give you expert, tailored advice in order to give you the best possible life after you leave the workforce. Remember, just because you’ve never heard of a pension drawdown so far, it doesn’t mean it can’t be in your future!

Think About Life Outside Work

In the hustle and bustle of our busy lives it’s all too easy to get bogged down in stress as we focus on work, work, work. Of course, in most cases it’s absolutely necessary to put in the hard yards in order to earn the big bucks so you can actually plan for that comfortable retirement, but it’s just as important to remember what really matters in life. If you make a commitment to maintain a sensible and fulfilling life/work balance, everyone (not just you) will reap the benefits. Factor in quality time with your family, get out into nature as much as you can, and give back to your community on whatever scale you feel comfortable with – whether it’s volunteering or financial support.

Live a Balanced Life

When most people think of retirement planning, they think of the financial aspects, however it’s also extremely important to consider your physical, emotional and spiritual needs once you leave the workforce. It’s all about the balance…

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Claire Novakovic is the go-to expert for those who need advice on pension drawdown and other related issues. As a Chartered Financial Advisor, she also holds the relevant FCA permissions to conduct pension transfer business including defined benefit schemes. Accudo Investments offers comprehensive independent financial advice tailored to each individual’s needs, using effective portfolio management and tax strategies to meet the needs identified.

Fitness Tips for Business Travelers

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Resisting the urge to skip your usual workout can be hard when you travel. Your schedule is all over the place, you have long working hours, stress and sleepless nights to deal with, and time is precious. So, to help you out here are 5 top tips to reduce your chances of skipping that all-important workout.

1. Have a plan

Don’t make it up as you go along. Know what you want to do, how long you’ll workout, and where you’ll exercise.

Will it be cardio, weights or mat exercises, or a mix of 2 or 3?
Do you want to fit in a quick 5 minutes or attempt a marathon hour long session?
Are you planning on hitting the hotel gym, the great outdoors or stay put in your hotel room?

2. Have a backup plan

Nothing in life is certain, especially your work schedule. So, have a few options. If the cardio machines are busy have a bodyweight circuit to hand as a backup. If the weight rack is limited or non-existent, you want to know what else you can do as an alternative. If you’re not sure what you can do, go online and Google ‘bodyweight exercises’, ‘simple resistance exercises’ and ‘interval cardio’.

3. Keep your workouts short and sweet

The shorter it is, the more chance you have of sticking with it. Of course, the shorter it is, the higher the intensity needs to be. That means speeding up the cardio, doing harder bodyweight exercises, or giving yourself less rest. Research shows that shorter, more intense workouts produce faster results and keep
your metabolism high for up to 24 hours afterwards.

4. Keep it varied

Variety is the spice of life and your savior when it comes to escaping exercise boredom. Doing the same workout, day in, day out is sure to put you off working out very quickly, so the more options you have open to you, the better.

Workout in the hotel gym, swim in the pool, exercise in your hotel room or the park… Even use the hotel stairs. Again, Google ‘cardio workouts’, ‘bodyweight exercises’ and ‘workouts with no equipment’ for different ideas – be open to fresh exercises and ideas.

5. Fit it in before breakfast

There’s no better time to workout – you’re fresh, your working day has yet to start, and it’s just before showering and dressing. Leaving your exercise until later in the day is a big mistake unless you’re disciplined.

With deadlines to meet, business meetings, on the go all the time, you’ll be exhausted by the end of the day.

Start your day in the right way. Charge your batteries early, and feel virtuous at breakfast.