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How Close Are You to Achieving Your Retirement Goals?

Updated: Jul 6, 2021


It pays to be prepared as retirement nears.


One of the critical aspects of retirement planning is how you structure your financial affairs to make sure you have sufficient money when you retire.

We will help you to understand your personal circumstances, only then you can start to talk about your retirement plan. This will help you identify how close you are to achieving your retirement goals.


You should always consider getting financial advice, as these decisions can shape your income for the rest of your life.


We offer detailed retirement plans which will provide you with clear advice on how you can maximise your income in retirement, given your individual needs. ​



It pays to be prepared as retirement nears.

One of the critical aspects of retirement planning is how you structure your financial affairs to make sure you have sufficient money when you retire. We will help you to understand your personal circumstances, only then you can start to talk about your retirement plan. This will help you identify how close you are to achieving your retirement goals.

You should always consider getting financial advice, as these decisions can shape your income for the rest of your life.

We offer detailed retirement plans which will provide you with clear advice on how you can maximise your income in retirement, given your individual needs. ​


How close are you to achieving your retirement goals?

We are all living longer, the State Pension Age is increasing, and pensions legislations are changing.

Planning will help you to think about the changes you could make, and enable you to take the steps towards securing a better future.

If you have been put off planning and saving, due to lack of understanding and confusion regarding ​your retirement needs, you're not alone.

You can start now. ​


STEP ONE - TARGET


The closer you are to retirement, the more likely you are to know how much income you will need per month. If you are further away from retiring, you can still plan what you are aiming to need each month. You should review this yearly.


STEP 2 - PLAN


Understand what you have already saved, knowing what you have saved will help you target accurately. If you have loads of separate pensions, it may be beneficial to bring them all together into one account if appropriate.


STEP 3 - ACTION


Things you should think about:


  • Work out your likely retirement income per month

  • Consider ways to boost your pension

  • Budget for day-to-day changes spending after you retire

  • Clear debts before retiring

  • Think about when you would like to start taking your pension

  • Get advice and finalise your choice


Review your plan at least once a year, you are planning for a better future.



The articles are for information only and should not be construed as advice or a recommendation. The investment strategies mentioned are examples only and may not be suitable for your particular: circumstances, tax position or objectives. Please seek independent financial advice before taking any action.


Names have been changed to protect identity.


No advice should be conferred from the articles. No action should be taken without independent professional financial advice as any actions on your pension may be irrevocable and have a big impact on your income in retirement.


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