Can I Retire with £350,000 in investments and pensions? How Cashflow Planning Can Help

Can I Retire with £350,000 in investments and pensions? How Cashflow Planning Can Help

One of the most common questions we hear is, “Do I have enough to retire?” Sadly, there is not a singular figure that works for everyone. Each person’s preferences for retirement are different, some want to travel whilst they can, others are happy working on their garden, some want to retire as soon as possible, others can see themselves working many more years.

The amount you’ll need in retirement depends on your lifestyle, when you want to stop working, and the income you’ll require throughout retirement. This is where cashflow planning (or as I prefer to call it ‘lifetime income planning’) becomes one of the most valuable tools in financial planning.

Cashflow planning allows you to model your financial future using your current assets, savings, pensions and expected income. Rather than relying on estimates or generic retirement calculators, it creates a persona