What is lifestyling?

Lifestyling is an investment strategy designed to automatically de-risk your retirement savings as you approach retirement. The goal is to protect the value of your savings from market fluctuations and to match your investment to the type of retirement benefits you are likely to take, all while helping your money grow in a way that suits your individual retirement plans.

At Zen Pensions, we start this lifestyling strategy from age 55 and it works in two phases as you save for retirement:

• Growth Phase (before age 55): Initially, your contributions are invested in higher growth funds with a focus on maximising returns while balancing risk.
• Consolidation Phase (post age 55): As you get closer to retirement, your investments gradually shift to more stable, lower-risk funds to protect your savings against volatile markets and to funds that better align with how you are likely to take your retirement benefits.
  

Lifestyling helps ensure your retirement savings are a good fit for your personal retirement goals, offering a tailored, dynamic investment approach throughout your working life. While your investments grow tax-free, it’s important to remember that investment values can go up or down.

In short, lifestyling means your retirement savings are managed to reduce risk and to match your likely retirement intentions as you get closer to the day you stop working – making retirement planning smoother and more predictable without you having to lift a finger.

For more details on how lifestyling works, get in touch or check your digital portfolio from the app dashboard anytime.