Whether you had always been planning to retire this year, or COVID-19 has forced your hand, it’s never too late to get organised.
We believe that retirement is something to be looked forward to after a lifetime of hard work – so don’t let it be overshadowed by financial concerns. We can help you quantify your finances and get straight, ready for an enjoyable retirement.
Even if you’re not planning to retire this year, it’s important to engage with your finances – don’t just sweep them under the carpet and hope that things will work out.
Don’t know where to begin? Here are some pointers to get started with; we’ll be on hand to help with these.
> GET A STATE PENSION FORECAST Visit www.gov.uk/check-state-pension to find out how much State Pension you’ll be entitled to and when you can receive it
> CHECK WHAT’S IN YOUR PENSION POT Calculating the value of your pension pot(s) is essential to start planning your finances in retirement
> …INCLUDING ANY ‘LOST’ PENSION POTS You may have lost track of a pension over the years, perhaps as you moved between jobs and workplace pension schemes. We can help you track down lost pensions and potentially provide a welcome boost to your retirement income
> QUANTIFY YOUR SAVINGS, INVESTMENTS AND DEBT Calculating the value of your savings and investments, and quantifying any outstanding debt, will help provide a holistic understanding of your overall financial circumstances
> WHAT WILL YOU NEED IN RETIREMENT ? We can help you calculate your income requirement in retirement, by thinking about the lifestyle you want, your living costs and other potential expenses
> WATCH OUT FOR SCAMS Don’t risk losing your lifetime savings to scammers. Pension fraud is on the rise – so make sure you know how to spot the signs
> TAKE FINANCIAL ADVICE In this period of uncertainty, financial advice has never been more important. We can help you make those big retirement decisions easier by guiding you through your available options, taking into account the tax implications and giving you the confidence that you’re making the right choices for your future.
Whenever you’re planning to retire it makes good sense to seek advice from us here Logic Wealth Planning. We are professional independent Financial Advisers and we can help and guide you through the list of pointers above plus we can answer your queries and help you to formulate a retirement plan. For a free first appointment why not call us now on 0808 1234 321 ? Help is just a phone call away.
* Logic Wealth Planning provides independent financial advice in Manchester, Bury, Rochdale, Cheshire, and the surrounding area, but not limited to the region.