A lot of retirement planning comes down to reassurance.
You need to know whether you can afford to retire, when you can stop working and that you will be okay when you do. Financial planning puts you at the helm of your finances and shows you what is possible, and what isn’t. By looking at your finances on a time-managed scale, you can feel safe in the knowledge that you have a plan and the funds to live your desired lifestyle without worry.
Managing income & Protecting your future
You may be considering early retirement, or wondering how you can use the last few years in work to boost the income you will receive when you retire. A financial plan will show how you can use your existing income to pave the way for a more comfortable future, whatever life has in store for you.
Once you retire, you will be living off a set income. This will be a combination of the state pension, your savings and any other pension funds you have paid into while working. It is important that you can live the life you deserve using that income.
Financial planning can help you to make the most of life, without spending more than you can afford, or compromising the money you have left for the future.
Savings and investments
Whether you are looking forward to retiring soon, or have already left work, financial advice is vital to ensure that you make the most of the money you have saved in preparation.
Managing your finances pre-and post-retirement allows you to live the lifestyle you dream of, while ensuring that your financial future is comfortable and provides the security that both you and your family deserve.
Recent policy changes have opened new opportunities when managing your retirement fund and pensions. You may have plans to access the money you have put aside for the future for immediate plans, but it is vital to make sure that doing so will not jeopardise your quality of life in retirement.
I am a Pension Transfer specialist; meaning I have extensive expertise in advising people who are altering their pension arrangements.