You’re planning for retirement

Does this sound like you?

Perhaps you’re in your 50s or 60s. You’ve worked for a few organisations until now and seem to have built up a string of pension funds here and there, as well as the odd investment on top. You receive statements from the pension companies from time to time but don’t really understand them, and you would like them to be invested ethically but don’t know if they are or how to do that. You think it might be better to bring them all together into one pension pot but then again that might not be the best thing to do, you aren’t sure so haven’t touched them before now for fear of getting it wrong. You’ve a few other investments including a couple of ISAs and some shares that were paid out to you once and you don’t know what to do with them.

You could do with getting a handle on all of this. You’ve started to think about your retirement but aren’t certain you are saving enough to retire when you want to. Or maybe you would love to retire early but are afraid you might run out of money if you do! You might have children you want to help out, say, passing on a deposit for a house or help them put money away for their future. But can you help them without jeopardising your own future? And what are the tax implications of doing all of this? Could there be reasonable tax breaks you should be taking advantage of?

And you realise the value of your investments go up and down with the stockmarket, which needs to happen to help finance your future, but how can you do that without taking too much risk in relation to your personal circumstances? And how can you do that and make sure you invest ethically at the same time? And what other things should you be thinking about? The list goes on!

Helping people plan for and manage their retirement and their wider financial goals is a core part of what we do. If what you’ve just read relates to your own concerns please do get in touch to see if we can help.