Post Retirement Planning - Planning After Retirement, Retirement Planning Advice
01252 788899Post Retirement Planning
Having accumulated funds for your retirement, you are now faced with the decision as to how to convert those savings into a reliable source of income, to safeguard your financial position. Some of the issues you may be considering include:
- Is annuity purchase my best option?
- What impact does a fixed increase or indexation have?
- How do I provide a pension for my spouse?
- Can I include an investment element?
- Do I qualify for an enhanced annuity?
At Pensions & Wealth Planning, we offer a comprehensive annuity broking and consultation service which uses the latest software to compare rates across the marketplace to maximise your pension income.
For clients with sufficient assets in their retirement planning portfolio, (with a general guide of £100,000 and above), further questions may be considered:
- Is annuity purchase right for me?
- Can I control the level of income I receive?
- Can I take my retirement benefits in stages to phase my retirement?
- Can I pass funds to my family in the event of my death?
- Can I retain control of my pension funds?
- Can I continue to have my pension funds managed alongside non pension investments?
- Is Income Drawdown an option for me?
- What is Phased Drawdown?
- Can I take a lump sum up front, but minimise the level of income?
- Can I defer the decision to choose the precise basis of the annuity?
With greater flexibility and choice about the timing of annuity purchase, we offer tailor made solutions to clients who may prefer not to crystallise their pension funds in one go but wish to maximise their investment opportunities.
At Pensions & Wealth Planning, all of our consultants are pension specialists and are able to assist you in identifying your options and in setting out a clear approach to your retirement plans.