Retirement Planning advisers in derby

There’s no getting away from the fact that planning for retirement is a complex process. Taking it in stages, we start by looking at where you are today in terms of your income and commitments before moving on to how you want to enjoy life in the years to come.

There are other important considerations such as long-term care, pension protection and the financial implications of you passing away before you retire. Our job is to do a full audit that covers every scenario, stress testing your financial plans to highlight any areas of concern.

Don’t worry, you won’t be drowning in detailed spreadsheets. But you will know your numbers when it comes to how much you need to save and how long your money may last. You’ll also understand how tax breaks can be used to increase your pension contributions – and how we can manage risk by keeping our assumptions conservative.

The earlier you start planning for retirement, the better. We like to talk to people in their mid-30s, so they have enough time to settle into a regular pattern of saving. For business owners and entrepreneurs, the conversation often starts in their mid-20s. But it’s never too late to review your finances, even if you’re approaching retirement age or you’re considering early retirement, perhaps as a result of voluntary redundancy.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is dependent on individual circumstances.