Retirement Planning

Wherever you are in life and whatever age you are right now, it’s important to start preparing early for your retirement. With increasing life expectancy and a rise in the age of compulsory retirement, you’ll need to consider your health and fitness, how you’ll spend your time and where you’ll live; in addition to where you’ll find your income.

Your David Allen Wealth Management Consultant will listen to your aspirations for later life and help you select the most suitable form of retirement planning solution for your short term funding ability and your longer term lifestyle.

The most widely known and most popular form of saving for retirement (due to a significant incentive from the tax man that effectively boosts your savings by 20%), is the personal pension. Through a personal pension you can create a fund of money which can be used to provide a lump sum and income at the point of your retirement.

But of course there are different types of personal pensions and not all pension schemes will suit your lifestyle or your personal aspirations. That’s why your David Allen Wealth Management consultant will work with you to help you decide how much to put aside, and recommend what investment opportunities are right for you. We’ll contact you regularly to ensure you keep your pension plans up to date and support you to help turn your dreams of retirement into reality.

The value of investments can fall as well as rise and any income from them is not guaranteed.  Past performance is not a guarantee to future performance.