Our next event

Academies event: Maximising your income generation opportunities

February 2020
View details

Our next event

Academies event: Maximising your income generation opportunities

February 2020
View details

Private client


Your Retirement Experience

Planning for the future is vital to ensure that you get the very best out of your retirement.

Lovewell Blake Financial Planning Limited has put together a guide for those approaching retirement – Your retirement experience – with a range of financial areas that you need to think about when planning for the next phase of your life.

The document looks at:
  • the state pension
  • Individual Savings Accounts (ISAs)
  • care home fees
  • taxation
  • personal pension options

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.



Let’s start by looking at the questions you should ask yourself to get a sense of your future plans:

  • what useful and interesting activities can I add to my new daily regime?
  • what interests and passions did I never have time for when I was at work?
  • what really interested me when I was younger and have never fully pursued?
  • what am I curious about and interested in?
  • what interests do I share with my partner?
  • what have I always felt I’d like to do if I had the time?
  • what talent do I have that I’ve never explored? Singing? Dancing? Writing?

There is a lot to think about when it comes to getting the most out of your retirement, and you may not yet have all of the answers, Lovewell Blake Financial Planning Limited can help with many of the financial aspects of your planning.

Download our retirement guide here.

Lovewell Blake Financial Planning Limited is a firm of independent financial advisers authorised and regulated by the Financial Conduct Authority.
Call us on 01603 619620       

Select a Service:

Accountancy Services

Financial Planning and Wealth Management

Tax and Trusts

 

Helpful documents

Retirement Planning
Details of our retirement planning services.
Download
 
Retirement Guide
Retirement Guide
Download
"Simon has given my company and personal accounts superb support and excellent professional service over the last ten years. We have had excellent service in all matters relating to tax and accounts and we will remain with the company for a long time coming - highly recommended."
 
 

News

Making sure gifts to employees are tax-free
Sadie Nicholls, Tax Team

5 December 2019
As we approach Christmas, some employers may wish to consider giving a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise for the gift recipient.
Read More

Gifting for children
Sarah Edmunds, Paraplanner

4 December 2019
It’s that time of year again when our thoughts come to gifting to our nearest and dearest. When it comes to the children in our lives this often means a new toy, or a new outfit. But what about those who already have everything they need?
Read More

See all our news

Events

Academies event: Maximising your income generation opportunities
25 February 2020
Income generation is becoming an important part of the business of running a school or academy and with limited funds available now is the time to think outside of the...
Read More