Funding your retirement from Horbury Financial Services Limited

Funding your retirement

Funding your retirement

Have you seriously thought about what you are going to live on once you stop working? How much do you think the State Pension is per week? (Answer: the basic State Pension for 2016/17 is £119.30 for a single person, provided of course you have made the necessary National Insurance contributions. Source: www.direct.gov.uk.)

We all know that we’re living longer and staying healthier than previous generations, yet the retirement age of 65 is still seen as the “norm” for many people. In future, we may need to carry on working beyond that age to maintain our standard of living, perhaps by working part-time.

Where are you now? Where do you want to be?

Don’t bury your head in the sand. Gather together all the paperwork from your accumulated occupational and personal pension schemes and then call us to arrange an appointment. After a full review of your circumstances including when you hope to retire and how much you think you’ll need to live on, we can realistically assess where you are now and what you need to do to reach your retirement goals.

Options

New pensions legislation was introduced in April 2006 allowing a wider range of flexible retirement options. Guidance in this area is essential to help you choose a plan that is suitable for your needs.

Annual review

We offer an annual review to all our pension clients. It’s important to know how your pension fund is performing and whether your retirement goals are on track.