Saving today for a wealthier retirement.
With so many of us living far longer than our ancestors ever expected to, it’s possible that a lot of people will live longer in retirement than they ever spent working; and with the long term future of the State Old Age Pension Scheme looking increasingly uncertain, our view is that planning for your retirement is one of the most important things you can do with your money. At English Mutual, we believe that your retirement date is not merely the date that you finish work. It is the date when somebody else stops paying you and you start paying yourself. The success of your retirement planning will dictate how much you will receive each month and, just as importantly, for how long.
However, having a pension scheme in place, whether it’s your own, provided by your employer, or a combination of the two, is only the beginning. We take the view that effective retirement planning is not a blinkered, one step process but combines all facets of our expertise and includes protection, savings, investment planning, property planning, medical insurance, annuity purchase, estate planning and, of course, pension planning.
The amounts of money one needs to contribute towards retirement can sometimes seem daunting, impossible even, and success requires holistic, continuous, focused and regularly reviewed financial planning; often from the day you start work. But all of this must be tempered with the requirements of the 'here and now’. Balance between the enjoyment of the present and planning for the future must always be found.
Our Wealth Managers and Financial Planners are able to guide you on choosing a retirement saving plan to meet your individual needs, holding your hand through the wide array of avenues and structures available, from the straight-forward to the sophisticated.
We have the technical skills to be able to provide a comprehensive review service for any existing pension arrangements you hold as well, so you can be sure that all of your retirement savings are working efficiently, and that you are not suffering as a result of either charging or inappropriate asset allocation based on an unsuitable exposure to risk.
To discuss your retirement planning in detail click here to arrange an appointment with an English Mutual Financial Planner.