The Retirement Newsletter: Into single digits — more advice on my pension and a change of plans

Issue Number: -9.5 — negative issue numbers, fractions, plans, and advice

Photo by Author — butterfly — Sungei Buloh Wetland Reserve, Singapore

Welcome

Welcome to issue -9.5.

I know… not only are the issue numbers negative — now we have fractions. Why? I will explain all below.

Also, this week, I got more pension advice from a company called Mercer, and I will explain why my retirement plans have changed.

Money — more pension advice — Mercer

This week, I had a telephone conversation with a pension advisor from a company called Mercer.

I must admit I had not heard of the company. I only took the call as I knew it wasn’t a scam because my pension provider arranged it as a free service.

As arranged via a series of letters, the advisor from the company called me at the agreed time. We discussed my pension options, such as what to do with the lump sum and how I could use other parts of the pension. The call was supposed to be on Zoom, but it ended up as a regular phone call.

The call was scheduled to last 45 minutes but only lasted 20.