Lovewell Blake Financial Planning Limited has designed a guide for those approaching retirement - 'Your Guide to Retirement'. This covers a range of appropriate points that you will need to consider when planning the next phase of your life.
Recent changes to the pension rules mean that you are able to be quite flexible with your savings. Options include:
- Leaving your pension funds untouched
- Buying an annuity
- Flexi-access drawdown
- Taking small cash sums from your pension fund
- Taking your whole pension fund as cash
- Mixing your options
As well as getting your financial plans in order, you need to think about the emotional and practical side of your planning. This will give yourself the best chance at a happy and fulfilling retirement.
There is a lot to think about when it comes to retirement, and you many not yet have all of the answers. Lovewell Blake Financial Planning Limited can help with many of the financial aspects of your planning.
Lovewell Blake Financial Planning Limited is a firm of Independent Financial Advisers authorised and regulated by the Financial Conduct Authority.