When can I retire?
Should I use a Financial Coach?
Though most of your pension and investment planning can be done by yourself, we would highly recommend professional oversight. Our guidance could mean the difference between running out of pension funds at 75 and extending the pension throughout your life by being more tax-efficient and understanding what your pension is invested in. We share the same qualifications (CII Diploma in Regulated Financial Planning) as many Independent Financial Advisers.
Do I need a Regulated Financial Adviser?
For most non-complex cases, no. You can choose providers and investments, transfer your pensions, and pick how you would like to take your benefits, all without regulated financial advice.
There may be instances where financial advice is mandatory or would benefit you more than doing it yourself. At My Personal Finance UK, we can also help you find the right Independent Financial Adviser if we feel financial advice is required.
Do I have enough money to retire?
At My Personal Finance UK, we will assist you in collecting the needed information, including what you want out of life and retirement, and how best to approach it in the most efficient manner. Sometimes you may not even know what questions to ask – don’t worry, we can guide you through the process.
Retirement, especially with Defined Contribution pensions, is an incredibly difficult concept for many. You move from saving and investing for the future to using pension drawdown and savings, wondering how long it will last.
We will use professional cashflow software to project your financial plan, analysing your pensions, investments, income and outgoings, and introduce stress tests to push it to its limit. We know retirement is a daunting concept, and we aim to relieve financial stress.
*CII Diploma of Regulated Financial Planning – Details can be confirmed on this page - https://www.thepfs.org/membership/member-search/ (Member name: Niall O’Sullivan)
Contact
07845248267
contact@mypersonalfinance.uk
I hold the CII Diploma in Regulated Financial Planning (Level 4), but operate strictly as a Financial Coach. My Personal Finance Limited provides financial education, cashflow modeling, and non-regulated guidance. We do not provide regulated financial advice or personal recommendations as defined by the Financial Conduct Authority (FCA). All decisions regarding investments, pensions, or tax remain the sole responsibility of the client.
My Personal Finance Limited is a company registered in England and Wales with company number 16637814