You’ll start with being introduced to the state pension, this is an important element to consider when you retire so you’ll benefit from knowing what it is, the elements within it, and how to claim it. You’ll gain a detailed understanding of this process and be able to identify who to contact for advice if you need to.
If you’ve come to a retirement age, you will probably already contribute to a private pension. During this you’ll learn what a private pension actually is, and the different types that are available. You’ll get a detailed explanation of private pensions, the drawdown process, and investment options. Finally, you’ll learn annuities and who to contact for financial private pension advice.
Throughout this unit you’ll consider the importance of upholding a healthy lifestyle during retirement. You’ll consider ways in which you can sustain a healthy lifestyle, and understand the implication of not maintaining one. You’ll reflect on factors such as eating the right foods, and the importance of adequate fluid intake. You’ll understand the benefits of exercise, the effects of bad habits, and the importance of a healthy lifestyle too.
Within this unit, you’ll consider different ways you can keep yourself occupied during retirement, and understand the importance of it. You’ll look at the options of things you can do, including volunteering, travelling, and continuing with work.
Finally, in the last unit you’ll look at your future on a deeper level, considering aspects of your life you perhaps haven’t visited before such as leaving a “will” and planning a “funeral”. You’ll learn all the different types of wills available to you, what it actually is, and learn the role of a ‘witness’, ‘executor’, ‘beneficiary’ and ‘trustee’. Next, you’ll understand inheritance tax and how this could be relevant to you.
We have some answers to common student questions, but if you can't find the answer you're looking for then please contact us and we will do everything we can to answer your questions.
You don’t need any prior skills in the subject area to start. However, as with all of our courses, we recommend a reasonable level of English reading and writing ability.
We provide all the specially written learning materials you require to study this course at home. The course fee also includes tutor support for the specified duration of your course.
You will receive everything you need to complete this course within the study pack we send to you.
No, this course is assessed by coursework alone.
No, all of the study materials are supplied within your learning pack.
Most students finish comfortably within the course duration period given. However, if you do need more time, your personal tutor support can be extended for an additional fee.