We all like the idea of DIY, but when it comes to complex financial decisions the stakes are high. Use an adviser for better pensions so you can enjoy peace of mind in retirement.
Who has tried to fix something at home? Probably most of us, but what was the result? Sometimes, it needs an expert, a qualified professional who can get the job done quickly, efficiently, and safely.
If you are a teacher, you specialise in the provision of education. It does not make sense to spend hours trying to fix a leaky sink tap when a plumber could do it in minutes. You probably do not have the tools or experience to tackle the pipes.
The same applies to your money, and your pension and future retirement investments.
The coronavirus pandemic has forced many people to stay at home and work from home. The Internet provides plenty of information, tips, and advice. Nothing, however, can replace the personal service and expertise offered by an independent financial advisor (IFA).
Plan for retirement
The lure of healthy returns and big profits will always catch your eye. Such adverts appear on TV, in the printed press and online. That often involves short-term gain. When it comes to planning your retirement you need a much more rounded solution.
IFAs should offer a jargon-free approach to this planning process. That is what we do. Understanding what you need, why and when is all part of that process.
A few clicks of a mouse might highlight the basics but sitting down with an adviser and getting a full understanding of your needs during retirement is key to creating your financial roadmap.
The old adage of “fail to plan, plan to fail” has never been as relevant as it is today.
Meeting your investment goals
Using professional advice not only helps to give clarity and direction, it can also strengthen your financial position.
In fact, research by Dunstan Thomas found that clients of financial advisers can hope to be around 39% per year better off during retirement.
That figure is based on comparisons to people who choose to take financial decisions by themselves, or the DIY option.
And while doing it yourself in the garden or garage might result in an injured finger, damaging your finances comes with much greater implications for you and your family.
Talk to us during challenging times
The idea of meeting with and speaking to an adviser in 2020 might seem like a strange concept. So much of “normal” life has changed.
While businesses adjust, we have made sure that we can support clients in several ways. Face-to-face might not be safe and appropriate right not, but we are available to chat over the phone, video call and email.
Crucially, it is important to start the pension planning process as soon as possible.
Please be aware the value of investments or income from them can fall as well as rise. We are here to help you make informed decisions.
Call us on 0808 1234 321 or email firstname.lastname@example.org to start discussing your pension now.
* Logic Wealth Planning provides independent financial advice in Manchester, Bury, Rochdale, Cheshire, and the surrounding area, but not limited to the region.