Of course, retirement is not only about having the right financial plan in place (although it doesn’t hurt). It’s more important to recognise that a change in one area of your life means change in other areas too, whether that’s having more leisure or family time, setting up a new business or even relocating. Having a well-prepared retirement plan, can give you options and flexibility as to how you can achieve your goals.

Whatever retirement looks like for you, it’s important to review your situation and make plans now, so that you have the freedom to enjoy the time when it comes, however you choose to fill it.

To book a meeting with one of our chartered wealth planners, please get in touch.

Planning for retirement: LIFE considerations

Long term

It’s important to think about the long term. This includes big questions such as where you want to live, how you want to spend your time and what you want to achieve, either for yourself or others.

Income

To ensure you can make the most of your retirement you should understand what you expect to need in terms of income and at what time in life. Look across your potential sources of retirement income and consider if they are likely to meet your expectations and needs. A Wealth Planner can help you build a cashflow forecast to model your retirement and help you understand the options you may have available.

Family

Your retirement won’t just affect you and it’s important to consider your loved ones. Your family situation may well change over the course of your retirement, including changes due to death or divorce, or perhaps welcoming new partners and possibly even grandchildren. 

Enjoy

Financial independence gives you the freedom to continue to work, retire, or find a middle ground when it suits you. Whether it’s more of the same or something new, be sure to fill your retirement with the things – and people – you love.

 

If you want to understand what your financial future might look like, book a meeting with one of our chartered wealth planners.

Retirement is a very personal stage of your life. Yes, there are other people in your life who get a say, but your retirement should feel like a reward and a time to enjoy what’s important to you. Questions you might want to consider:

  • What does a dream holiday look like?
  • How much time do you want to spend with family?
  • What matters the most to you?


Life beyond work

For many people work offers a sense of purpose and structure to their day. Suddenly losing our regular routine can make even the most well-planned of us feel a bit uncertain. Whether you have grand plans or more modest ambitions for your retirement, it’s worth asking:

  • Do you want to plunge into a big new project immediately, or perhaps take some time to reflect and adjust into your new lifestyle?
  • How do you intend to structure your day, and future years?
  • Do you already have a passion, or do you want to explore something new?

Our promise to you

We start by asking the right questions

We listen first, so we fully understand your needs, objectives and preferences before presenting advice.

Committed to excellence

All our advisers have, or are working towards, chartered status.

Relationships are everything

We offer an exceptional private banking style service over the long term.

Local knowledge

Regionally based, our advisers have strong local professional networks.

Take control

Prepare for your retirement by booking a consultation with one of our experienced and qualified wealth planners now. We are delighted to offer an initial consultation at our expense, with a fee only being charged if any advice is formalised.

Are we the bank for you?

Interested in banking with Arbuthnot Latham? Send us an enquiry and we will be more than happy to talk about your future.

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