When Someone Wants A Pension, What Do They Really Want?
There are lots of conversations about pensions, are they good; are they bad; what's the best one; what is a SIPP?
The first consideration is when you want to retire and what do you want to do when you retire?
Once you know this you can then start thinking about how much you think you'll need each week/month/year.
Then, and only then, can we actually look at how we get there and believe it or not a pension is not the only answer.
We talk about Retirement Planning
This could involve pensions, and invariably will, but will also include ISA's and other investments.
But What Else?
Do you have a business, what are your plans for sale when you retire?
Will you move house and will this release money at that point?
Your retirment planning will be very personal to you and therefore so will the solution.
You will undoubtedly have pensions already in place which you may be happy with, but what are you comparing it to - do you really know how well it's doing and will it give you everything you want?
At Tailored Wealth Financial Management we always look at your existing arrangements as there is many a time when other solutions may now be more appropriate and potentially give far more flexibility to how you plan for your retirement,
Why not contact us to find out exactly what a bespoke solution can do for you and help give you the retirement you deserve.