In a recent article from Pensions Age, Laura Blows looks at the very lucrative, but potentially very short, careers placing individuals in quite unusual circumstances when preparing for their retirement. Sportspeople, dancers, singers and reality TV stars are just some of those that may have high volumes of money to invest during the short lifespan of their lucrative careers. The issue is making the investments last throughout their very long ‘retirement’.
Alan Collins was on hand to comment and warns that with high volumes of cash to invest up front, the key will be to do so as tax efficiently as possible. While the fame may last only for 15 minutes or so, investing for and living through retirement will inevitably last a lot longer. Read the full article here.