Planning for your retirement at First Financial Solutions
With life expectancy increasing year on year, we are now seeing the potential to spend almost as many years enjoying retirement as we have spent saving for it.
It’s therefore increasingly important to ensure that your retirement plan is clear, focused and designed to achieve an income sufficient to live the retirement you desire. The first step we take in ensuring that you are able to do this, is to work with us to calculate how much income you need.
We fill that gap
We then review any existing provisions (including existing pension policies and investments) to ensure we understand what benefit will be provided by these. This also gives us an opportunity to research these products to ensure that they are both competitively charged and appropriately invested.
Once we fully understand what you need for your retirement, together with the provisions you already have in place it allows us to understand what we need to do to ensure we can ‘fill the gap’ to ensure your income is enough for you to live the retirement you want.
Please note that a pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.
