Retirement Planning
Life begins at 65!
For the majority of people, retirement planning doesn't become an issue until later in life and it is often considered something that will 'take care of itself'. However, it can actually become harder to save for the future as we get older due to many other financial demands taking priority.
It's now clear that the state is no longer able to fully provide for us in our retirement. With the basic state pension for 2007-08 tax year being just £84.25 per week (single person allowance), this is barely enough to cover basic living expenses (source: www.direct.gov.uk , 2 Nov 2006). There may be no spare income left over to pay for those luxuries you may have promised you'll get around to when you retire: the Caribbean cruise, the new car, the holiday home by the sea. When you've worked hard all your life you should be planning to be able to enjoy your retirement.
SFS can help structure or restructure your investments and savings to help secure your future retirement with no financial worries.
Retirement Income Service
In order to maintain your current lifestyle in retirement, you need to make the best use of your main lifetime investment plan - your retirment fund. According to the Financial Services Authority you could gain as much as 35% extra income from your pension fund by simply shopping around.
(Source: Comparative Tables Bulletin number 6 Pension Annuities Bulletin,
Financial Services Authority, October 2002)
Retirement income specialists at SFS are able to do just that - shop around on your behalf for the very best deals.
Click here to download our Retirement Income Service Guide.
What should you do next?
Start planning today – call 0800 137832 and make an appointment so see one of our financial advisers for fee-free advice on investing for a brighter, more secure future.
