Putting plans in place for retirement can deliver peace of mind, but it is also a practical way of ensuring that you are financially prepared for the future. When considering retirement planning, many people’s minds simply consider making savings and creating revenue streams that can provide an income when they aren’t employed. However, expert plans can offer far more protection and preparedness than just covering provisions. Read on to find out more.
Continuous retirement planning
While planning for your retirement is important, it’s wise to keep planning when you cease to work. Plans can be adapted to reflect your changing needs and ensure they are always fit-for-purpose.
Making your money work harder
While saving can provide you with provisions, a diverse investment portfolio ensures your wealth is working at optimum to grow your income in retirement.
Tax assistance
Tax planning can also help you make your funds go further. Wealth managers specialise in devising tax-efficient saving strategies to help people build the assets they need for a more comfortable retirement.
Passing on your estate
Finally, retirement planning specialists can help when you need guidance regarding inheritance. They can help you pass on your wealth to your loved ones and reduce the size of the IHT bill on your estate.
If you require expert retirement planning in Shropshire, consult our team at Hartey Wealth Management. Whether you are looking for assistance with pre- or post-retirement planning, you can count on us for a comprehensive and bespoke service.
