In the spirit of 'new year, new you', many people choose to make big life changes during January. This could be something personal such as starting a new diet or quitting smoking, or something which affects your whole family like putting your house up for sale or retiring from work.
Retirement isn’t something that can be taken lightly and there are lots of aspects to consider and even more questions to ask before you can make such a decision.
For the majority of my clients, the first question they ask when considering retirement is: ‘Will I have enough money to live on?’ Other commonly asked questions include: ‘Can I still afford to go on holiday?’, ‘Can I still afford to replace my car?’ or, ‘If I were to die, would my partner be financially secure?’
Explore Wealth Management offers a cashflow planning system that assesses the feasibility of your retirement plans to help provide the answers to those questions and bring peace of mind to potential retirees.
Retirement isn't something that can be taken lightly and there are lots of aspects to consider and even more questions to ask before you can make such a decision.
Stephen Sumner, Explore WealthAll you need to do is simply supply us with a breakdown of your first years’ likely expenditure upon retirement, and from this, we can establish whether your existing pensions and savings will be enough to cover your needs for the rest of your life. Sounds simple? With help from an experienced financial advisor, it can be.
