Retirement Planning

Many people are confused by the prospect of pensions, saving for retirement and later life planning. They are not sure if they should join their Workplace Pension Scheme or whether they should make their own private pension arrangements.

Current legislation surrounding pensions complicates matters further, even though it provides greater flexibility and choices (or maybe because it does!). Sometimes pensions may not always be the best way to save for your retirement and, at the same time, you still need to consider how to pay this month’s bills.

At Brooks Wealth, we will help steer you through the minefield of pension planning and retirement saving, by offering an informed and impartial pension advice service.

We understand that, when you near your retirement, the situation can become more urgent.

Changes in retirement planning legislation has created more choice and more complication. For example:

  • Should you buy an Annuity?
  • If so, should it be a fixed-term Annuity, an ill-health Annuity, an enhanced Annuity or a standard Annuity?
  • Should it increase, should it be level, should you plan for your spouse in the Annuity?
  • Should you make use of the more flexible options?
  • What about UFPLS?
  • And how do any of these options fit into your work pension?
  • Are your pensions offering you the best retirement plans?
  • Should you take some of your pension pot as a lump sum, 100% as an income, or should you move into a drawdown arrangement?

We understand that none of these questions presents easy answers to our clients. At Brooks Wealth, we specialise in pension advice and retirement planning, as well as later life planning.

We can steer you through the myriad of choices to give you the information you need to make some of the most important decisions of your life.

Knowledgeable, experienced and passionate about what we do, it is our sole purpose to add value to our clients, through the services we provide. Contact us today to make an appointment to see how we can help you.

Ask us how our cash flow modelling, in association with DEFAQTO, will help ensure that your retirement income lasts for your entire retirement.