This websites use cookies. By continuing to browse the site you are agreeing to our use of cookies. For more details about cookies and how to manage them, see our cookie policy.

Starting your financial Journey

As you start on your financial journey, it is hard to know how much to save whilst meeting your current living expenses and ensuring that you can manage any debt. Planning for your retirement can seem a long-way off and a daunting challenge.
 

Building up a Pension Pot

It is never too early to save into a personal or workplace pension as you will benefit from long-term growth on the money that you have invested. Money invested in a pension benefits from tax relief which means that for every £800 invested, you will receive an additional £200 in tax relief. In addition, workplace pensions can also benefit from your employer contributing into the scheme and increasing your pension pot.

Alternatively, ISAs are another flexible way of saving by allowing £20,000 to be invested tax-free per annum, with flexible withdrawals.

By reviewing your financial situation and modelling your future cashflow, our advisers can help you start a 
tax-efficient retirement plan which takes on board your current lifestyle expenses, whilst ensuring your investments achieve long-term growth to help you to retire comfortably. The earlier you start, the more you will have to enjoy your retirement!

Got any questions? Just call us on 0117 907 1965

CASE STUDY

Clive’s Retirement Issue

Clive wanted to know what his retirement options are when he retires in the next 5-10 years. He has multiple pension policies accumulated throughout his working career and needed clarity around his retirement options. He wanted to know how much income he would need to retire and where it would come from. 

Read more

The retirement journey

 

Approaching retirement 

With the new pension freedom, which entitles people to draw money from their pension once their reach 55, there are important tax implications to consider before drawing upon your pension. 

Read more

managing your retirement income

Once you have decided to stop work you are entitled to take a monthly sum from your retirement plan; but the planning should not stop there since your retirement fund may be needed for up to thirty more years. 

Read more
 

Arrange a free initial no obligation consultation

Enter security code:
Security code

Occasionally we may email you with financial information/articles which may be of interest to you – please tick the box to let us know you’re happy for us to contact you.

Or call on 0117 907 1965

 

You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

 

41 North View,

Westbury Park,

Bristol BS6 7PY

0117 907 1965

info@absolutewm.co.uk