For decades, we’ve been told that with enough saving, investing, and “good advice,” retirement will take care of itself.
But here’s the uncomfortable truth: for most people in the UK, that’s simply no longer true.
As a former UK Chartered Financial Planner and now an independent retirement coach, I’ve seen the gap between expectation and reality — and how it’s leaving many people unsure, unprepared, and even anxious about their future.
In this short video (filmed during my own travels in Croatia), I share a few personal thoughts on why it’s time to think differently — and why having a Plan B may be more important than ever.
🎥 Watch the Video
📺 Click below to watch my short message from the Croatian coastl
Me speaking from Croatia on a recent holiday there..
🤝 Coaching vs. Advice: What’s the Difference?
Let’s be clear: I no longer offer regulated financial advice. But what I do offer is financial coaching — and there’s an important distinction.
And increasingly, I’m seeing a need for something more: a Plan B that includes flexible, optional income in retirement or semi-retirement.
💡 Why a Plan B?
Even with pensions, property, and savings, many people I work with realise that their retirement income might not fully support the lifestyle they want — particularly when it comes to:
Travel
Gifting to family
Home improvements
Health resilience
Or simply freedom from financial stress
That’s why I also coach those who want to explore secondary or passive income options — such as the affiliate travel business model I personally use and support.
🌱 You Have More Options Than You Think
Whether you’re:
5–10 years from retirement
Already semi-retired and feeling uncertain
Or simply curious about working less and living more…
Coaching can help you get clear on what’s possible, feel confident about your numbers, and even explore income ideas you may never have considered.
🎯 Ready to Talk?
I offer independent, low-cost financial and retirement coaching — not product sales, not investment advice.
And to help you take the first step with confidence, I offer a free 15-minute Zoom discovery call (no pressure, no obligation).
This article is for general information purposes only and does not constitute financial advice. The information provided is based on current PLSA research and government data as of June 2025, which may be subject to change.
Individual circumstances vary significantly. Therefore, you should always seek professional financial advice tailored to your specific situation before making any pension or retirement planning decisions. Additionally, tax rules and pension regulations can change, and their impact will depend on your personal circumstances.
Your Smart Retirement Coach provides retirement coaching and guidance, not regulated financial advice. For specific pension investment advice or regulated financial planning, please consult with an FCA-regulated financial adviser.
About the Author
Paul Mitchell is a dedicated Financial and Retirement Coach (Qualified To Chartered Financial Planner status) with over 35 years of experience in financial services. Through Your Smart Retirement Coach, he helps clients build confidence in their financial future and create fulfilling retirement lifestyles. As a retirement transition coach, I’m committed to empowering investors with knowledge, perspective, and strategic support.
