Retirement Income Planning

There are many ways to access your retirement funds.

The problem for most senior professionals is understanding which pension drawdown options to choose. That’s where we come in. As our client, you’ll get a bespoke strategy for withdrawing your pension money that ensures you meet your retirement goals.

How we help you

Let our experts help you understand the rules for pension withdrawals so you can make an informed decision.

Phased Retirement Plan

We’ll develop a strategy to ensure your money lasts as long as you need it to, so you have one less thing to worry about.

Pension Withdrawal

We’ll explain the pension withdrawal options that apply to you and, if you’re happy, implement our recommended approach.

Drawdown Analysis

We’ll analyse your drawdown options and offer our expert advice about which is right for your needs.

Annuity Analysis

We’ll examine your pension annuities to see if they’ll provide the retirement you want.

Cashout Analysis

We’ll explore your options for withdrawing pension money in part or in full and the effect this would have on your plans.

Why retirement income planning matters

It’s important that you understand how to access your retirement funds, and our expert team can help.

 

You may have had a long and successful career or still be in the middle of one. Whether you realise it or not, withdrawing pension money is the goal you’ve been working towards all those years. The funds you’ve worked so hard to build need to provide the comfortable retirement you dreamed of, which means you need to understand the rules for pension withdrawal.

There are many possible ways to access your retirement money, including lump sums, annuities, and combinations of each. To make the right decision, you first need to ask yourself some questions. How long will my money need to last? What amount of tax will I pay? And what effect will my choices have on my overall plans for retirement? If you’re unclear about any of these, we’re on hand to help.

Since 2013, our specialists have helped thousands of senior professionals gain a clearer understanding of their pension drawdown options. Your journey with us begins with a friendly conversation about your situation and continues towards a retirement that’s designed around your individual needs.

Get in touch with us today for a free, no-obligation consultation.

Frequently Asked Questions

Simply click the arrows to get the answers to common retirement income planning questions:

  • Fees for drawing down your pension vary by provider. High charges could have a significant effect on your retirement fund, so it’s important to seek financial advice.

  • If you have a defined contribution pension – the most common type of fund – you can normally take 25% of your pot without paying any Income Tax.

  • You can currently start drawing money from most pension pots from age 55 and is expected to rise to 57 in 2028.

  • According to Retirement Living Standards to fund a comfortable retirement that includes holidays and a new car every five years or so, individuals need £37,300 a year.

Ready to get started?
Book your initial consultation today

Whatever stage you’re at in your retirement planning journey, you can get the straightforward, unbiased advice you need from our experts.

Your first consultation is always on us, and there’s no obligation to proceed. Take the first step today, and you might just get the information you need to build a better financial future.

A pension is a long-term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.

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Check out our useful resources

The world of pensions is complicated and ever-changing, so it’s hard to understand no matter how much experience you may have had in dealing with finances. Cut through the complexity with our handy, easy-to-follow guides on a wide range of related topics. They’re packed with valuable insight from our experts and completely free to download.