Personal Pensions

This question is incredibly common, but unfortunately, there is no one size fits all answer. There are numerous variables to consider... life expectancy, the current state of the economy and your individual challenges and successes in life.

However, by using our 5-step approach you can build flexibility into your plan, with the view of helping you to retire with confidence, on a higher, more sustainable income - potentially sooner than you thought:

1. Evaluate your current financial status: We start by reviewing your savings, your income and expenditure, what if anything you have in pensions, including your state pension forecast, to get a clear understanding of where you stand.
2. Envision your retirement: What lifestyle would you like to lead in retirement? When would you like to retire? How much money do you think you might need to support that lifestyle. These questions help define your retirement goals?
3. Create a plan: Using our advanced cash flow modelling, we help identify any gaps in your financial plan. This specialist tool gives you a visual pathway from today to your retirement, allowing you to see your finances will unfold over time.
4. Make adjustments: With a solid cash flow model in place, we can look to make any necessary adjustments. This could involve altering your spending habits, adjusting your retirement timeline, or focusing on reducing debt.
5. Implement and review: The final step is to put your retirement plan into action and regularly review it. By updating your plan to reflect changes in your life and the world around you, we increase your chances of long-term success.

When you work with us, our goal is to build flexibility into your retirement plan, ensuring you can retire when you want and, on your terms, without being derailed by unexpected changes.