Retirement Planning
Retirement Planning in Bromley
Retirement Planning
How prepared are you?
This is the time when you should enjoy the fruits of your labour, a time to reward yourself after years of hard work, a time you can look forward to enjoying, not a time of uncertainty and confusion.
If you have not planned early enough for Retirement you may need to take some significant action to avoid a sharp drop in income and standard of living.
The only way to guarantee you will be looked after when you Retire is to put the right plans in place as early as possible, you deserve it.
Find out what types of Pension Plans are available:-
- How they work
- How much you can get
- How tax relief on Pension Contributions works
- How it's paid
Learn about the different types of Pension Schemes available - from the State Pension to Private and Company Pensions
If you don't save for your Retirement now, it will be too late when you get to Retirement.
As an existing homeowner, you have an asset that's worth quite a lot of money. You could have a happier Retirement with Equity Release, sometimes called a 'lifetime mortgage' or a 'home reversion plan' you could unlock some of the capital that's tied up in your home without having to move and use the cash to get the most from your retirement.
- You could get a cash lump sum to help you fund the retirement you deserve
- You can continue to live in your home until you die or go into long-term care
- Taking a lump sum, plus the costs, will reduce the value you have in your home, possibly to nothing, and therefore the value of any inheritance you leave.
- Your entitlement to tax and welfare benefits may also be affected.
To understand the features and risks ask for a personalised illustration.
Minimum age and property values apply.