While your retirement may seem a long way off, it will come around a lot quicker than you think and without appropriate planning your retirement may not be as financially comfortable as you would hope. Ideally, planning for your retirement should start as early as possible and pension planning should begin from when you first start work.
Pension planning as early as possible will help you guarantee an adequate retirement income to enable you to remain living the lifestyle you have become accustomed to and give you the financial freedom to have the retirement you dream of. When many of us think of retirement, we think of travelling more and having the time and freedom to undertake hobbies.
Our recommended financial advisers provide UK pension advice to help you navigate the often complex world of pension planning and help you understand all the options available to you, so you can make an informed decision.
Whether you already have pensions in place, either workplace or private, or if you are at the beginning of the pension planning process our recommended independent financial advisers will work in partnership with you to ensure you have the best strategies in place for your personal circumstances and are making the most of every opportunity that is available to you.
Once you have an effective pension plan in place, you may be left wondering what you will be able to do with your pension pot once you can access it. When you reach the age of 55, there are three ways you can access your pot:
While these may seem like a simple set of choices, it is always best to act on the advice of an independent financial adviser, rather than on a whim or on a gut feeling. Making an ill-informed decision about your pension could be rather costly and could make a big impact on how much income you will have in retirement.
PensionAdvice.org makes it simple, free and quick to connect with local and national FCA regulated pension advisers. From pension & retirement advice through to pension transfers and annuities, we can help find the right pension adviser for you.
At Pensionadvice.org we can help you find a registered financial adviser for independent pension advice in your area. All of the financial advisers we recommend offer bespoke financial advice that is tailored to your unique personal circumstances.
