Having worked hard to accumulate wealth during your working life, you will want to make sure those funds continue to support you and your family. Through analysing your finances with help from retirement financial planners, we can offer you personalised ‘at retirement’ advice and a financially robust investment strategy, which is fundamental. This strategy has to be tested to meet the cost of your retirement lifestyle, to ensure it is sustainable.
The key elements and options to be considered are
A lifetime cash flow forecast.
A plan that takes account of taxation, flexibility and sustainability which may include: Annuity purchase, Capped and flexible drawdown or scheme pensions.
The effective use of a combination of planning strategies, not just pensions.
A sustainable and appropriate investment strategy for retirement.
We have the personal experience of assisting many clients with these challenging issues and we will guide you through all the options and complexities to support you throughout your retirement.
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Having worked hard to accumulate wealth during your working life, at retirement your financial priorities inevitably change. With no further regular income from work, you will want to make sure the funds you do have are sufficient to support you and your family in the years ahead.
The first step is to undertake a thorough analysis of your finances and map that against the costs of your expected lifestyle during retirement. Our dedicated team of financial planners can help you put together a budget that meets your needs.
The second step is to look at options for on-going income generation and wealth accumulation. Although at retirement you will want to cash in on certain assets such as pension plans to give you a living income, it is not a case of taking out all your money and waiting for it to run out.
A financially robust investment strategy through retirement will help top up your funds so you remain comfortable for the rest of your life. Using our award-winning strategic planning approach, any investment plan will be tested to meet the cost of your retirement lifestyle without putting existing wealth at undue risk, ensuring your finances remain sustainable.
We have a wealth of experience assisting many clients through all the options and complexities associated with arranging finances upon retirement. Amongst the things we can help you with, we will look at:
- Lifetime cashflow, making a thorough appraisal of your expected budget and outgoings throughout your retirement.
- Financial planning, which will focus on achieving flexibility and sustainability in your ongoing financial circumstances, and will cover things such as taxation, annuities, capped and flexible drawdown, and scheme pensions.
- Investment strategies, looking at the full range of wealth accumulation options beyond pensions, such as investment accounts, ISAs, on and offshore bonds, gilts, shares, unit trusts and VCTs. Again, the overarching aim is to achieve a strategy that is sustainable and suitable for your retirement.