Achieving success and a comfortable lifestyle is the result of years of hard work, but when it comes to retirement, it can be a big transition. Both in terms of how you think about your finances, and your life in general.
As retirement planning specialists, we can help you plan for this transition and will work with you through your retirement years. After all, retirement looks better knowing you’ve got a dependable partner on board to steer your finances and manage your peace of mind. As licensed Long Term Care specialists, we’re in this with you for the long haul.
The decisions you make now will dictate the standard of living you’re able to enjoy in retirement. The earlier you begin retirement planning, the more likely it will be you can create the lifestyle you want during retirement, and the first thing to consider is how much you are going to need to do this.
Thanks to advances in technology, medicine and quality of life, people are generally living longer. While not to be sniffed at, this does mean a larger proportion of our lives may be taken up with retirement than we expected.
The knock-on effect is that you must accumulate more while earning, or make your existing wealth work harder now in order to meet the extra costs of an increased lifespan.
Successful retirement planning relies on dependable, long-term relationships. Temple Row are in this for the long term, ready to put our ‘wow process’ to work for you, with regular contact and multiple touchpoints that will help keep your retirement plans on track.
We also understand that it’s not just about retirement. We can help you manage all aspects of your wealth now, during your retirement, planning for inheritance and the legacy you want to leave behind.
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.
Why choose Temple Row?
The best people
Our team are experts in all aspects of Wealth Management. We will work hard to protect your wealth and maximise the value you and your family get from it.
Core values
We have a set of values that are present in everything we do. They ensure we put our clients first and provide a transparent service tailored to your individual needs.
WOW Process
Our proprietary process gives us a deep understanding of your personal circumstances and helps us to continually match your goals to your risk and returns.
Frequently asked questions
There are a number of things to consider when thinking about combining pension pots. Some of the things to consider are internal costs, benefits of each pot, and your personal plan about taking incomes, to name a few. We can help to work these through with you.
There are a number of caveats, but the simple answer is yes. The current tax regime (April 2020) says that there are a number of benefits of passing on a pension to your heirs.
Relevant insights
- August 29, 2023
- August 18, 2023
Interested?
We’d happily talk through our offering and guide you through our personal approach to Retirement Planning.