These are all important questions and in order to enjoy your retirement, you need to have the confidence that they have all been answered.
The first step is to explore what you want your retirement to look like. No two clients are the same, so we take the time to understand your personal goals and objectives from the outset. Once we know what your end objective looks like, we can review your existing plans and calculate what is needed to get you to that goal.
This is where our cash flow modelling comes into its own, allowing us to visually show whether you are on target or what changes you need to make to help get you there.
Retirement Planning is no longer just about saving into a pension. ISAs, bonds, general investments and property can all play an important part in your retirement plan. Our expert team can help utilise all these investments to create one efficient plan for your retirement.
Drawing an Income
You have worked hard to save for your retirement, but one of the biggest challenges is to then get these savings to provide you with an income. Gone are the days of simply reaching retirement and buying an annuity.
As you enter retirement, we can help you generate an income in the most efficient way. Utilising different investments to make the most of your various tax allowances can lead to great increases in your income – at the end of the day leaving more for you to spend enjoying your retirement.
Passing on your Pension
For clients where legacy planning is important, pensions have become very useful for Estate & Inheritance Tax Planning – as in most cases they are free from Inheritance Tax.
We can help you bring Estate Planning into your Retirement Planning – helping you enjoy your retirement whilst also maximising the amount you can pass on to the next generation.
Creating and preserving wealth for future generations is a different journey for each client. At the outset of your journey with us, you will be introduced to your personal Relationship Manager who will be your primary contact. Your Relationship Manager will guide you through Credo's investment process, including understanding your investment objectives, risk profile and financial needs.