Retirement Planning Services From Experts Based In Reading
Retirement is one of the biggest financial decisions you can make. Planning for it in advances helps ensure you live the relaxed life you intended
Contemplating pensions
It’s never too early to begin saving for your retirement, and the earlier you start, the more you will reap the rewards later in life.
Typically, too many people are reliant upon only the State Pension, and get a nasty surprise when they find out how much it pays. Auto-enrolment has been a fantastic addition to encourage us to save more, but in most cases, still isn’t enough to give us the standard of life in retirement that we enjoy during our working life.
One of the overarching questions most people have, is how much do I need to save into my pension? Our pension experts will help assess your individual circumstances to tailor a plan specific to you.
Accumulation vs Decumulation
Saving into a pension is one of the most tax efficient arrangements available to you, so make sure you take advantage of it. You could get up to 45% tax relief from the government.
If you’re self employed and don’t have a workplace scheme yet, you’ll be only too aware of the lack of work perks. Get in touch to make sure you’re covered in retirement.
There are complex rules in the pension world that need navigating, especially if you are a higher earner. For all the good work of saving into a pension, you don’t want to be stung with a charge for saving too much into your pension!
Make sure your planning is done the right way.
Accumulation vs Decumulation
Saving into a pension is one of the most tax efficient arrangements available to you, so make sure you take advantage of it. You could get up to 45% tax relief from the government.
If you’re self employed and don’t have a workplace scheme yet, you’ll be only too aware of the lack of work perks. Get in touch to make sure you’re covered in retirement.
There are complex rules in the pension world that need navigating, especially if you are a higher earner. For all the good work of saving into a pension, you don’t want to be stung with a charge for saving too much into your pension!
Make sure your planning is done the right way.
Decumulation
Depending on what type of pensions you hold will determine what benefits you can expect in retirement. As pension legislation and economic conditions change, so too does the impact on your pension coffers.
We offer granular analysis on each of your pension arrangements whilst focusing on the overall picture – meeting your financial goals.
With the pension freedoms introduced by the government in 2015, pension holders have more flexibility in how they access their pensions. Additionally, they have the ability to pass their pensions on as a form of legacy to spouses, children, and their children’s children.
With the new flexibilities, pensions are one of the best available tools we can use to meet your financial objectives.