When Can I Retire?
Should I use a UK-qualified* financial planner?
Though most of your pension and investment planning can be done by yourself, we would highly recommend professional oversight. With our guidance, you could position yourself to be tens or even hundreds of thousands of pounds better off due to being more tax-efficient and understanding what your pension is invested in.
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
As a qualified financial planner, I can provide detailed financial information and guidance that considers your goals and objectives. This guidance does not amount to a personal recommendation or
financial advice, and no recommendation on specific actions or products will be given.
My Personal Finance Limited is a company registered in England and Wales with company number 16637814