As our clients move closer to their planned retirement and having saved a pension pot throughout their working lives, many begin to realise that, with the increased flexibility in how people can now receive their pension, it also means they are faced with greater complexities. Unfortunately, these days, ‘drawing down’ on your pension only just simply isn’t enough.
What does real wealth actually look like to you?
Many of our clients tell us that their real wealth is their family, lifestyle and legacy. So, as you begin to shift from your current working life towards full retirement, it is becoming increasingly important to review your finances and start to understand how and when you can use other sources of assets and income to help fulfil the life you’d like to lead and protect your family in the longer-term.
What should you consider?
Working with you, we help map out your goals and priorities, whilst also addressing a range of key issues surrounding your future retirement, such as: how long you’d like to work for, your State Pension entitlement and how much income your current savings will support your planned retirement lifestyle.
Creating your LifePlan
A holistic, big picture view sets the Pinnacle LifePlan apart from traditional wealth management thinking. The LifePlan explores your goals and aspirations and sets out a strategy to achieve them. We develop the right combination of strategies so that you can use your wealth as a creative tool with the potential to achieve what is important to you in life.
By planning out how your needs may change over the coming decades will not only ensure you’re fully prepared for the challenges ahead but will also help you build a legacy for your family whilst enjoying the lifestyle you desire.
If you’d like to know more, please reach out to one of our specialist advisers.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.