Retirement Planning

Following the financial crisis and with evidence of the nation living that little bit longer, our advice would be to start considering your retirement options outside of the state provision sooner rather than later.

But with so many pension scheme options available, how do you know which one is right for you and where to start?

Our advisors can discuss all of the options available to you and offer their opinion on which they think would be most suitable given your circumstances, as well as helping you to determine a time frame of when to start making the relevant arrangements.

Retirement planning can be considered in two stages:

The first being the build up of sufficient assets in various forms before retirement, which is all about forward planning pre retirement – the investment stage.

The second is assessing the most suitable options, at retirement, for arranging these assets to provide suitable capital and income security during retirement – the disinvestment stage.

However both are linked and as retirement approaches it is imperative to review the pre – retirement investments in conjunction with the retirement income objectives, as this may influence investment decisions, especially in the final few years. We will work with you to reduce the risks of the portfolio as you approach retirement.

We can help with:

  • Pre retirement/investment – Providing suitable tax efficient saving strategies to assist clients build up sufficient assets to provide a comfortable retirement, taking into consideration affordability and attitude to risk.
  • At retirement/disinvestment – Guiding clients through the plethora of options available, and deciding which strategy best suits their personal circumstances taking into consideration inflation, taxation, attitude to risk, health, and any requirement for dependants benefits.
  • Utilising cash flow forecasting to establish whether the client is likely to have sufficient capital to last them throughout their retirement.