Where are you in life?

Explore the stage you are at in life and what you need to be thinking about.

The adventures begin with the help of an Independent Financial Adviser

Pre-retirement – a way to go

Where you are

You’ll typically be 10 to 20 years off retirement and/or over 50.

What you may need to think about

  • When will you be able to retire?
  • How much money will you need to do the things you’d like to do?
  • What sort of savings will you need to achieve that?
  • How can you make sure you don’t run out of money?
  • What are the gaps in your savings?
  • How can you maximise your savings?
  • How can you protect your investments?
For several years now Jonothan has helped me with the complexities of a multiple pensions portfolio and other financial challenges both personally and in my business. He has gone out of his way to not only offer excellent advice and solutions but to never let go of our changing personal and business needs. Bottom line – I rely on his advice and trust him implicitly.

– JS, Bath

Pre-retirement – getting close

Where you are

There are around 5 to10 years to go before retirement and it’s becoming something you’re thinking about a lot – and may be worrying about.

What you may need to think about

  • How can you maximise pension contributions without exceeding your allowances?
  • What’s the most tax efficient way to take your retirement income?
  • How can you maximise death benefits for you and your family?
  • What are all the tax allowances available to you?
  • How you can make sure you can spend extra when you need to for holidays, new car, etc?
Over the years we have picked up a number of different pensions and investments from different advisers at the bank. We never really had a clear understanding of what all these different policies would or could mean for our retirement. Jonothan has helped us to understand all these policies better and developed a retirement plan so that we know what is possible and what we have to do now.

– AH, Bristol

At retirement

Where you are

You’re in the process of retiring – but that may not be an all or nothing thing. You may work part time for a while and take some income from your pension or retire completely. You may be deferring retiring beyond your planned date to build up your savings further.

What you may need to think about

  • What are the implications of working part time?
  • What’s the most efficient way to take some income from your pension?
  • How you can make sure you have flexibility for unexpected future needs?
  • Should you take some tax-free cash?
  • How can you minimise the risk to your investment?
  • How can you maximise death benefits?
  • Have you taken steps to protect against ill health in later life?
I went to see Jonothan when I was about to retire and needed advice regarding my options concerning my pension fund. Jonothan listened to my needs and requirements during our first meeting… I have certainly gained the outcome I was looking for and am extremely satisfied.

– TH, Bath

During retirement – new opportunities

Where you are

You’re most likely fully retired and want to enjoy the freedom to do those things you’ve planned. But can you afford to?

What you may need to think about

  • Are your outgoings what you thought they would be?
  • Do you need to make your income arrangements more flexible?
  • Are you drawing your income from your pension as efficiently as you could be?
  • Have you made sure your retirement pot won’t run out?
  • Can you afford to gift some money to your children?
  • Have you considered how to delegate financial control to your family later in life?
  • What’s the best way to plan for funeral expenses?
  • How can you pass on your wealth to your family as tax efficiently as possible?
Jonothan is great to work with. He provided a comprehensive review of my finances and a thoroughly thought through and executed action plan. He also displayed great patience.

– BS, Gloucestershire

During retirement – slowing down

Where you are

You’re beginning to take things easy, either because you aren’t as strong as you were or because of health issues, or simply because you’ve had the big adventures you dreamt of.

What you may need to think about

  • Are you confident your income won’t run out?
  • Are you drawing your income tax efficiently?
  • Have you got your estate planning done and dusted?
  • Have you thought about how you would cope with care costs?
  • Have you put power of attorney arrangements in place for your finances?
Jonothan has been very effective at laying out a financial strategy with a plan that has been straightforward to understand, that has stood the test of time and delivered good results for me. I regard this as a very strong testament to both his professional integrity and good judgement.

– RW, Bath

During retirement – later stages

Where you are

You may have more health issues and are beginning to be more dependent on others. You may need to consider moving to a new home with more support and may be less confident about making financial decisions.

What you may need to think about

  • How can you meet any increased costs?
  • Have you finalised your options for paying for care?
  • Are you happy with your legacy and estate planning?
  • Should you release further income from your home to pay for care costs?
Jonothan has an excellent appreciation of my needs, and regularly assesses the amount of risk I am prepared to take… Following my husband's death, he has been liaising with the solicitor re setting up a trust and is giving my sons advice on tax planning. He will go the extra mile to make things easier for me.

– MD, Shropshire

Discuss these issues in more depth

Call us on 01225 471 462 or email info@cfsorg.com