It’s never too early to start retirement planning. In fact, the earlier you start, the better placed you are likely to be to achieve the kind of retirement you want. But if you plan to retire within the next 10-15 years, you’ll need to pay particularly close attention to your finances. Knowing where to start, however, can be confusing.
We start our retirement planning conversations with you; what do you want from the years ahead? Do you want to give up work as soon as possible? Or do you love your job and feel nervous about stepping away from it? Do you have life ambitions you don’t want to put on hold any longer? Perhaps you want to travel or spend more time with your family?
We’ll help you visualise what you want from your retirement years, understand your current position, and make recommendations for how you can improve it where your current plans do not align with your goals.
We’ll help you answer the two questions everyone wants to know: How much is enough? And do I have enough? But just as importantly, we’ll help you feel emotionally prepared for the transition ahead, and accompany you on your journey into and through retirement.
How we will help you
Cash flow planning
With the help of sophisticated cash flow planning technology, we can help you understand how much money you are likely to need for the rest of your life and how much you’ll need to live the retirement lifestyle you desire. We look at all your current savings, investments and pension plans. Once we know the value of your current assets, we can project their future potential value using specialist software.
Explore whether you have enough already
We’ll help you understand whether your current arrangements are working for you and if they are sufficient to meet your retirement lifestyle goals. Where there is still work to be done, we’ll suggest changes to your plans or arrangements and give you clarity on your options.
Increase the money going into your pot
By having a lifetime cash flow plan done, we can tell you if you are going to be short of income at retirement age and advise you on the most suitable way to make up any shortfall. When it comes to funding your future, we may suggest creating a portfolio of investments. We’ll help you to choose investment options that sit comfortably with your appetite for risk, while giving you the best opportunity to achieve your goals and income requirements.
Protect and preserve your wealth
You may not need your pension to generate an income. You may plan to carry on working or have income from other investments such as property. In which case, your priority may be maintaining as much as your wealth as possible so that it can be passed on to your loved ones when you die. We will help you understand your options when it comes to preserving your wealth and transferring it in the most tax-efficient way to those you want to see benefit from it.
Please note, the value of your investments and any income derived from them can go down as well as up, so you may get back less than you invested.
A pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.
OUR APPROACH
Learn more about how we work and what you can expect at each stage of your journey with us.
Learn moreStart a conversation
Learn more about how we can help you by completing the contact form below.
Error: Contact form not found.