Imagine the feeling - after decades of work you've finally entered the longest holiday. Your retirement. 😎

You have nothing but time ⏰ and opportunity now to do as you please, and best of all, you feel confident that you're going to be ok.

The long days of work have been worthwhile and you can spend your time enjoying the retirement you deserve. 🙌

The question is - how do you know you is the right personal to deliver this?

Financial Advice with the best will in the world is opaque. Who can you trust to to help you reach such an important goal?

Your unique situation

This may feel like it doesn’t need saying but it’s worth repeating. EVERYONE’s situation is incredibly individual and each plan has to be bespoke.

This is not a binary situation of ‘I want £40,000 until age 86.’

None of us knows how long we have left on the planet but more importantly, we have to factor in planning for the life we want.

There are those who at 70 who have shuddered at the idea of retiring, and those at 55 who cannot wait to finish work. 🏝️

We don’t need to plan for the consensus view of what makes a good retirement. It is to ensure for you whatever your ideal is, happens.

We need to ensure that your money doesn’t run out but also that you don’t underspend. Both are equally big considerations around retirement.

First we need to consider the future infront of us:

We then add your current goals 🎯 to the financial plan and carefully go over your expenditure targets with you.

Likely adding different life-stages such as when you want to spend more or it’s likely you’ll spend less and how it’s all stacking up to the initial plan: 👇

From this point, we can get a good indication of how realistic the plan is looking. 𐄷

The earlier we start formulating this plan the better as we can project forward and see where we are expecting to be in 10 years time.

This provides a probability based various ‘what if’ scenarios and how likely the plan is going to stack up and we can make course corrections if required. The aim is not to try and

But I thought past performance doesn’t represent future returns?

Modelling on the past can’t guarantee the future. No financial planner can guarantee anything for the future. The question is - to what extent are these outcomes reliable to use?

Do you feel the next 40 years will be worse than if you were retiring at the point of the Great Depression and then lived through 2 World Wars? As well as the 1970s where an over 60% decline in the markets was met by a long recovery.

It can’t guarantee the future but it can give a level of peace of mind and context.

Your investment strategy

As the above indicates, one of the many advantages of this depth of modelling is that we can then look at different asset allocations (what you are invested in) to see if we can make any improvements.

Typically most self-investors can have very concentrated positions in a certain geography or with certain securities. At retirement, it is the time to manage risk professionally as there simply is no time to recover from mistakes.

Tax strategy

Then we apply strategies so that we keep as much in your pocket as possible.

HMRC will get every penny that they are entitled to, but there are no benefits to overpaying in tax.

A ‘Warchest’

Imagine getting to retirement and having amazing first few years planned out, only to realise that due to ‘Murphy’s Law’ the market drops as soon as you retire.

That needn’t be a reason to miss out on some of the best years of your retirement. So to protect against that, if you do have spending needs that align with that we’ll look at time segmentation strategies.

Dynamic Planning

We then discuss with you various trade-offs as far as implementation strategies and withdrawing from the pot. This is an ongoing process but can extend the probability of success considerably. Part of planning is factoring in that not everything will go to plan!

What is it worth to you?

As much as these technical steps may be interesting. Where the real value lies here isn’t in the technology or the process.

It is being able to have the retirement you want.

To not stay awake at night by the prospect of a market crash.

To feel comfortable to do the things that you want to do now before you may not have the health to do so.

That is the real value of this type of planning.

It’s a feeling more than a number, and it’s worth its weight in gold.

Would you like to find out if we can prove you have enough to retire? Book a chat by clicking on the button above!