Options in Retirement
For most people, their financial aims and objectives shift significantly when they reach retirement. This is usually due to a reduced income as a result of giving up work and often creates a need to draw income from pensions and investments.
Individuals often become more risk averse with their investments in retirement, although many recognise the need to take some risk to achieve an appropriate level of return. We can help you decide on how best to strike this balance.
Our advisers will be happy to guide you through the options available to you in retirement, providing advice on the most tax efficient means of achieving your goals. We are always happy to hold joint meetings with friends or family members if you would prefer to do so.
We can advise you on the following options in retirement:
- Converting a pension fund into income, either by annuity purchase or income drawdown
- Investment of lump sums to provide an additional income stream
- Providing an income or lump sum from your property through equity release
- Minimising your estate’s liability to Inheritance Tax
- Funding for long term care
