Retirement and Pension planning is probably the most important element of your wealth management and financial planning program. Following your working life when you provided for yourself and your family, you deserve to look forward to a happy retirement where you can relax and enjoy the fruits of your life’s labour. Retirement and Pension planning can be a huge worry for those who feel that they may have left investing for their old age too late. By seeking advice from a qualified Nexus Consultant, you can help to reduce that worry and start making plans for your retirement.
In reality, you may only have two options, sit back and hope that your Employer’s or State Pension will provide you with enough income to live on for the next 20 or 30 years, or take control and do something about it yourself now.
Our team of qualified Nexus consultants would clearly suggest that if you want to feel secure about your retirement future, it is imperative that you take positive action, rather than leaving anything to chance.
Our qualified consultants can help you work out your pension income needs and retirement planning options, which include:
• Medium to long term savings plans
• Single premium investments
• Qualifying Recognised Overseas Pensions Schemes if you have left a UK pension behind
Investment Tip: The sooner you start to put aside funds for your retirement, the faster your retirement nest egg will grow. This is due to the effect of “compounding”, which is not just earning on your investment, but also on the amounts that your investment grows by. If you are 40 and wish to retire at age 60, you will only need to save $750 per month to reach a retirement fund of $360,000, however if you delay till you are 50, you will need to save $2,224 per month to achieve the same retirement fund.
Finding The Best Pension and Retirement Solutions
As with any financial planning matter, securing expert, independent advice is the best way to ensure that you understand all of your options and can source the best package or solution for you.
We want to help you to enjoy your retirement. For more information about retirement income planning, simply fill in your details in the Enquiry Form to receive free financial advice.