Ipswich Financial Adviser

Posts Tagged ‘retirement’

There has been a lot in the press about the increase in the state pension age since the political parties had their conferences.

However, the government has already increased the state pension age for many millions of people. Do you know when you’ll receive the state pension? This benefit is very important as it makes up a large proportion of the income that many people receive in their retirement.

Check out the link below to the Direct Gov website, where it will let you know your current state pension retirement age. http://pensions.direct.gov.uk/en/state-pension-age-calculator/home.asp

Remember that it is always vital to start your retirement planning early and NOT leave it to your later years.

Please feel free to contact me at Thompson Financial Consulting Ltd if you require any help or advice with your pension planning.

Have you always thought you would retire early, before your state retirement age? Well if you have always dreamed of doing this you need to make sure you have done your maths.

With the rapidly changing pension landscape, this is effecting the age at which we will all be able to retire. Many changes are having an effect, including; final salary pension schemes being suspended and stopped, pension fund values being affected by the economic down turn and the government raising the state pension age over time.

With all these changes, plus many others, you need to ensure you are fully aware of your pension entitlement and what it may be worth in the future.  This way you can plan in the knowledge of when you might be able to retire.

As I say to all clients, be realistic, you may want to retire at 55, but do you have enough money “in the pot” to achieve this. Please contact me  at Thompson Financial Consulting if you need any help or advice with your pension planning.

The value of investments and the income from them can go down as well as up and an investor may not get back the amount invested. Past performance is not a guide to future performance.

I have been helping one of my clients that has reached her retirement age and she wants to take an income from her pension. By getting the best retirement product for her, her income has increased by a hugh 12%per year

When you approach your retirement age and want an income from your personal pensions, you buy an “Annuity” with the pension money and the “Annuity” pays you a regular  income. ALWAYS, shop around for the best annuity rates and DON’T just accept what your current pension provider offers. If you do, you are likely to be throwing money away!

If you are of an age that you are considering taking a pension income, let Thompson  Financial Consulting help you get the  income that you deserve.