Pension planning causes anxiety for many people, but VSL is here to help you take the right decisions regarding your long term retirement planning.
You may have no pension at present, or several acquired through your working life, whatever the case we will guide you through the many different ways of funding retirement, from traditional private and workplace pension plans to building up an investment property portfolio.
Whether or not you use one or all of the strategies available to you, professional planning is essential to ensure you have a sufficient level of income after taxes to provide for your essential and non-essential expenses.
Once the amount remaining available for savings or investment has been established, our advisers will guide you through your options taking into account your tax position and access requirements in conjunction with our previous discussion and recommend a suitable solution for you.
We will take you through the following steps to help you get the most from your retirement:
When you decide to stop work or reduce your working hours and want to draw benefits from your plans, our advisers will help you consider all of your options to structure your assets in the most appropriate and tax efficient way to provide the income you require. We generally recommend that you structure your assets to provide a secure and increasing level of income sufficient to cover your day-to-day living costs, with the remainder of your assets being used to cover non-essential flexible expenditure with any remainder passing to your beneficiaries. It is not uncommon for a person stopping work now to expect to live for another thirty years. It is important, therefore, that careful planning and advice are received and regular reviews take place to ensure that a person’s assets will provide for them over a long period of time. You should also discuss Care Fees Planning with VSL.
Remember: Past performance is no guarantee to future performance and investments may fall as well as rise and you may not get back your original investment.
"The goal of retirement planning is to create a plan. Its silly to say it but most investors never actually take the step."
: Mike Piper