After all, planning for your retirement is possibly one of the most important financial decisions you will ever make. With life expectancy increasing year on year, we are now seeing the potential to spend almost as many years enjoying retirement as we have spent saving for it.
This raises a number of important questions:
How can I be sure I have sufficient income for my retirement?
What are my options at retirement and which is best for me?
What is the most tax-efficient way to distribute my pension fund after my death?
The fact is there is no simple answer to any of these questions. What we do know is that planning for it correctly will provide you with the standard of living you wish after you stop work.
The individual and group pensions market is an ever changing world, especially with the introduction of the pensions freedom legislation, and it can be difficult to keep track of what options are available with regards to your retirement planning.
At Hanbury Wealth we work with you to consider all the options, based on your needs and risk appetite. As part of the financial planning process, it is our job to blend the savings vehicles that will yield the most efficient income in retirement.
By forward planning for your retirement you can have the reassurance of financial security in later years, rather than the worry of wondering how you will cope. A comfortable lifestyle in retirement is something to which we all aspire, and increasing longevity means that we all need to make extra provision for that retirement.