Retirement Planning

Retirement planning is a hugely important aspect of living comfortably in later years, yet far too many people leave things to chance when they really don’t need to. Common mistakes include not starting to plan early enough, not speaking to professional specialists, not knowing for sure just how much money you might have or how much you’re likely to need. Smart, effective retirement planning can begin early in life, but even if you’re starting to approach retirement there is still time to make a few plans.

Perhaps the first step should involve asking yourself about your personal retirement goals. Do you plan to travel a lot? Are you hoping to stay living in your current home? Will you still need to work after your regular retirement age? Will you be giving some of your money to family members as a gift? Will you have savings to fall back on? Every individual will have his or her own ideas about what they can and can’t do when they retire, but how accurate are these projections likely to be?

Here at Scott Fyffe Wealth Management, we can offer high quality advice and guidance tailored to your specific needs. We can help you to assess your retirement goals in detail and map out a plan to help you achieve them. Our retirement planning service will take into account issues such as investments, taxation, annuities, potential spending, estate planning, pensions, cash flow and possible income drawdowns. It can be a complex process, of course, but when you have specialists on your side it becomes easier to draw up a cohesive and rewarding strategy.

If personal ethics are important to you, it’s possible to make financial investments that not only benefit your economic future but will also make a more positive impact on the world around you. Whether you would prefer to support better labour relations, organic agriculture, renewable energy, corporate diversity, clean water sourcing, fair trade manufacturing or any one of a host of socially responsible initiatives, we can point you in the right direction. It can be reassuring to know you will be able to support worthy principles without compromising on the quality of your investments.

For many people, retirement brings the chance to fulfil a number of long-held dreams and to live a comfortable life after working hard for so long. You may feel that you’ve planned your retirement finances in the most meticulous detail, but it would surely still be a good idea to ask a specialist to have a look at your plans. There could be opportunities open to you that you perhaps weren’t even aware of. To find out more about personal retirement planning tailored specifically to your needs, all you have to do is get in touch with our team. Please use the online form on our Contact page or call 01382 721 191 to speak to one of our team members. With our help, you could be enjoying the retirement you really wanted, rather than the one you have to settle for. We look forward to hearing from you in the very near future.

*The Financial Conduct Authority do not regulate estate planning.

A pension is a long-term investment not normally accessible until 55 (57 from April 2028). The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Past performance is not a reliable indicator of future results.