Thomas Carroll Independent Financial Advisers would be delighted to review your current arrangements and provide advice to help you achieve your retirement goals.
Click here to for a downloadable PDF version retirement planning brochure
Your financial situation will almost certainly change when you retire. Your income is likely to fall and our spending patterns often change as we get older – for example, because mortgages and other loans have been paid off.
If you haven’t retired yet, you may still have time in the last few years before retirement to boost your pension income by increasing your contributions by as much as you can afford. This option can be especially attractive if your employer will partly or fully match your extra contributions.
Under government proposals due to come into effect from April 2015, you’ll be able to access and use your pension pot in any way you wish after the age of 55. Until then, the rules about how much income you can access as a cash lump sum or through income withdrawal have been relaxed.
In the past, most people used their pension pots to buy an annuity to provide a regular retirement income – and this option will still be available. The changes are being introduced to offer you complete choice and flexibility about how you use your pension pot to fund your retirement income. They will also encourage more people to save for retirement.
We would be delighted to review your current arrangements and provide advice to help you achieve your retirement goals. Whatever the nature of the review, as a Chartered Financial Adviser, you can be assured that we will provide a solution that is based entirely on your needs.
*The value of investments and the income derived from them may go down as well as up.
If you would like to discuss your retirement arrangement in more details, please contact our team of experts via email or on 02920 887733