Business

Retirement Is The Perfect Medicine For Former Pharmacist

Issue 45

For over 24 years, Adam Olsen worked at a community-based pharmacy in Ashington. His role before retirement was pharmacist manager but the rigors and pressures of running a modern-day pharmacy took their toll, which helped to make Adam's mind up before his retirement in January last year

I have absolutely no regrets about retiring when I did. At the end of the day it was the best decision to make on behalf of myself and my family as my health and happiness ultimately has to come before my career,” said Adam.

Adam, aged 55, lives with his wife in Whitley Bay. They have two children together, a son and daughter. Before Adam took the plunge of taking early retirement, he consulted expert guidance from family-run independent financial advisers Explore Wealth Management.

Adam, said: “At first I wasn’t sure what to do. I didn’t want to make a decision that would end up coming back to financially haunt me. This is when I saw an advert for Explore Wealth and decided what harm could it do to seek advice on an issue that could map out the rest of my life.”

They discussed everything from pensions through to savings and whether Adam could achieve his retirement plans.

He said: “My big step was made easier as they Explore Wealth were friendly, informative and put me at ease. Sometimes financial details can be difficult to understand but they cleverly simplified all of the nitty gritty technical terms making it easier to digest. The resulting advice made my decision more tenable.”

Steve Cattle of Cramlington-based Explore Wealth Management, said: “When thinking about your retirement and pensions, individuals should think along the lines that jobs and finances aren’t always set in stone. Gone are the days when the end of a person’s working life matched the start of their state pension with some now choosing or needing to work well into their 70s and 80s. On the flipside, like in Adam’s situation, some have the option to choose to retire earlier to either explore a possible career change or simply take a breather and enjoy life to the full by making the most of their retirement provision.”

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