Planning for Retirement

Most of our clients have good intentions when it comes to planning for retirement. Most accept that as the population grows older and the percentage of the population who are working and paying taxes reduces, it will be necessary to make provision for income in retirement, privately. The majority of pensioners will need some income other than the State Pension.

There are many ways to generate a capital sum which could be used to provide income in retirement. These might include:

• Building Society and bank accounts,
• Company Pension Schemes,
• Individual Savings Accounts (ISAs),
• Personal Pensions or buying rental properties,
• Unit trusts or investment bonds.

Some of our clients are depending on the sale of their business or the family home, others are looking forward to earning income from consulting work after retiring. In some cases, a Self Invested Personal Pension (SIPP) might own the office premises and continue to deliver rental income in retirement.

These are all perfectly legitimate ways to build capital and income - some enjoy favourable tax treatment, others make use of the individual's particular skills and knowledge.

Your Personal Pension Advice - it's never too soon to start

Here at Bradshaw Bennett, we are can advise on the most appropriate solutions to help you plan for your retirement. We might help you chose a Bank Term Deposit account or cash ISA, we could find you a buy to let mortgage for your investment properties, or we may help you establish an Investment ISA, Personal or Company pension scheme.

If you would like to release equity from your property or take income from your SIPP, we can provide expert, independent advice on how best to achieve your objectives.

Arrange a meeting with one of our advisors

The first meeting with an independent financial adviser is free of charge - we will listen to you, find out as much as possible about your objectives and try to develop a outline plan for your retirement.

If you decide that you would like us to help you implement that plan, obviously we will make a charge for the time we spend working with you.

Click here to arrange for one of our advisers to contact you at a time convenient to you.