There are many things to consider as you approach your retirement and a good start is to review your finances to make sure your retirement income will allow you to enjoy the lifestyle you want.
Kieron Robertson, Age Space Sussex’s Finance Partner at Concierge Wealth Management, is a Later Life Specialist and an Accredited Member of the Society of Later Life Advisers (SOLLA); the organisation which helps people and their families find a trusted and Accredited Financial Adviser who understands the financial needs of later life matters.
Talking about retirement income planning, Kieron said: “The complexities in the variety of retirement planning choices out there are quite confusing. It’s wise to seek expert advice, as not all retirement planning options may be right for you. By asking a professional for financial advice you will be able to make an informed decision to help alleviate any worries you may have about your money running out during your retirement and later life.
“The sooner you start planning for your retirement, the better. The earlier you begin saving – and / or investing – the more financially secure you will be. If you’re a late starter and the thought of planning for when you retire has not yet crossed your mind, there are simple steps you can make to boost your retirement savings – it’s never too late to start putting away and saving for your later years.
Retirement income and lifestyle
“Think about the retirement lifestyle you would like and ask yourself four simple questions – How much money do you think you’ll need to have the retirement way of life you want? Do you plan to ease into retirement and still work part-time for a while? Are you in good health with a good life expectancy? and do you know how much money you’ve already saved in your pension(s) and other investments?
“At Concierge, we understand that everyone is different, with different circumstances and obligations when looking at planning for the future. We can help with all of your pension and retirement planning needs and requirements to give you peace of mind that you have a secure, forward looking financial plan in place.
“There are numerous options you can choose and action, which is why it is imperative that you get professional financial advice to help you fully understand all your choices, the possibilities and financial outcomes. With the recent changes to the UK pension rules, there has never been a better time to start saving for your future or review your existing plans and provisions for your retirement.
“To have a chat about how Concierge can help you with maximising your retirement planning opportunities, please contact me via telephone numbers: 07840 245968 (mobile) or 01273 917828 (office) or via email: firstname.lastname@example.org or visit www.conciergewealth.co.uk