Options at retirement
Everyone approaches retirement from a different point of view; many people have mixed feelings or are uncertain about what lays ahead.
Whatever your feelings, retirement is probably a major opportunity for a new and potentially very enjoyable phase of life in which you can spend your time purely on things you enjoy doing.
If you’ve planned for your retirement, either by way of a pension or a portfolio of investments, you’ll now want to review your finances and look for ways to protect your retirement income and make sure your investments work well to produce the income that you need.
If you have pension funds you will need to make decisions as to how you take these benefits in your retirement. It is not necessarily best to purchase an annuity with your existing pension provider, and we can research the Open Market Option for better deals for you. Perhaps you do not even need to take an income yet, in which case leaving your funds invested or going into Income Drawdown would give you greater flexibility for income in future.
We can assist you with your retirement budget and show you how to forecast your estimated income in retirement for you and your family. Even if you're in good health it's important to check that you've budgeted to meet possible future costs, such as long-term care. It is crucial to identify if there is a shortfall between your pension income and your retirement needs and to take steps now to alleviate any shortfall.
For a free initial consultation about planning for your retirement, simply call us on 0845 073 0490 or complete our online form and we’ll contact you to arrange an appointment. We are conveniently located in Hurstpierpoint, Sussex, just minutes from the mainline station at Hassocks and close to Haywards Heath, Burgess Hill, Crawley and Brighton.
