Retirement Planning

Retirement planning can be a complicated topic and there are many different aspects to consider when you plan for your retirement. The one piece of advice you will hear over and over is the earlier you start saving for your retirement the better off you will be when the time comes.

Some of the key things to consider are:

  • When do I want to retire?
  • Where do I want to retire?
  • What lifestyle do I wish to maintain?
  • How much money will I need in retirement?
  • Do I need to top up my pension?

As you get closer to your retirement age you need to assess your pension pot and how to make your money as efficient as possible.

retirement planning

Our advisers can talk you through annuities, income drawdown or pension transfers to get the best pension plan for your individual circumstances. Helping you bridge the gap between your current pension pot and what you require to live the retirement you have been looking forward to.

retirement planning

Inheritance Tax (IHT) Planning

Inheritance tax can be a complicated issue and therefore is often ignored, meaning your loved ones can miss out on money which will in turn go to the government.
After reviewing your retirement plan, the next step is to assess whether you will pay inheritance tax. There are a number of options available to prevent paying a huge tax bill:

  • Gifts
  • Inheritance tax reliefs
  • Passing on a home
  • Leaving assets to a spouse or civil partner
  • Giving to charity

Tax treatment depends on the individual circumstances of each client and may be subject to change in the future

The Financial Conduct Authority does not regulate Inheritance Tax Planning