The Daily Express is currently running a weekly series called ‘Retirement and Me’ which looks at how people are spending – or plan to spend – their time and money following retirement.
Articles include how one woman tops up her very small pension income, starting a business at 61 and how the state pension age rise affected one couple.
You can read this week’s feature here https://www.express.co.uk/finance/personalfinance/1192597/retirement-age-pension-uk-state and you’ll also find links to the previous articles.
If you would like help planning your retirement, Hamnett Wealth Management offer unbiased expert pension and retirement planning advice. Our professional, qualified Independent Financial Advisers will look at whether your current pension arrangements are likely to help you achieve your retirement goals. If not, we will recommend actions to take and the likely effect of them in order to secure your financial future.
We ensure that you fully understand all of your numerous retirement options and that you don’t have to take the first offer from your existing pension provider. There is nearly always better value to be had from the open market when considering annuities and the new flexible pension option should also be fully considered.
Our impartial advice takes into account all of this as well as the latest retirement and pension legislation, including the new limits on lifetime allowances. If necessary, we will also recommend any steps you can take to limit your tax liabilities.
We can also review all of your existing arrangements and look at the performance of the underlying funds, the charges being levied and assess the projected income at your chosen retirement date.
Call us now on 0114 235 3500 to arrange a free consultation.