From birth through to mortality, the journey of life will throw you challenges to deal with – the majority being exciting challenges, but some sadly not so.
Here we detail some of the many life events and areas where you may benefit from having an independent financial adviser by your side.
The early years – Building your family, home and wealth
Having children and building your family can be as expensive as it is exciting. Family protection and savings for school fees are some things many families consider at this stage.
- Buying your first home can come across as daunting with the many options available. Talking to an experience mortgage adviser can help you through the mortgage maze.
- Will planning – ensuring your wishes are carried out for your family in the event of death.
- Employment – protecting your income in the event of injury or long term sickness may be an essential part of your financial planning strategy.
- Planning for your family’s future with Pension and Investment planning can never be started too soon.
The mid-life – Protecting and growing wealth
You will likely be wanting to enjoy life and ensure your lifestyle is sustainable. An IFA can help with ensuring savings remain on track and that you are taking advantage of tax efficient investments such as ISAs and pensions.
- Pension planning – securing that goal for retirement will be on your mind more and more through these years. An IFA can ensure your pension planning remains on track, with your pensions working hard for you to achieve the retirement you desire.
The later years – Maintaining income and wealth
You may now be looking at accessing some of the carefully grown pension and investment provisions. Ensuring these meet your income requirements and are not prematurely exhausted is of utmost importance here.
- An IFA can ensure your savings and investments meet your evolving objectives, and keep up their tax efficiency in line with your attitude to risk.
- Estate planning – making sure that your loved ones benefit as you wish, and as far possible, from your hard-earned wealth that has been accumulated over the years.
- Long term care planning includes ensuring assets are not eroded with the cost of care, should this be needed.
Though the above is not an exhaustive list, it highlights many of the stages throughout the financial journey of life where an IFA’s support may be beneficial to you and your family. With professional guidance and a structured plan, your financial life goals and objectives can be achieved.
To talk to one of our independent financial advisers about how they can help you, contact us using our Facebook or Contact Us page, or call our office on 01329 282882 where we will be happy to see how we can help you achieve your goals as your financial partner for life.
The value of your investments can go down as well as up and you may not get back the full amount you invested. A pension is a long-term investment not normally accessible until 55 (57 from April 2028). The tax implications of pension withdrawals will be based on your individual circumstances, tax legislation and regulation which are subject to change in the future. The Financial Conduct Authority does not regulate Wills, Tax and Estate planning.