Retirees


Entering retirement doesn’t mean your need for a financial plan goes away. Retirement can last many years, and quality financial planning remains essential.

For most people, planning and managing your finances during retirement is generally very different to the years when you were working and earning.

We understand that your everyday needs and financial goals may change, and it takes expert financial planning to make sure your finances remain in great shape for the days, months and years ahead.

Here are some of the most commonly asked questions by our clients, which may in turn relate to your own circumstances:

  • How can I increase the amount of income from my capital when interest rates may remain low for some time?
  • What can I do to safeguard against inflation?
  • My level of income is no longer reliable or indeed consistent. What can be done to provide a consistent and tax efficient income?
  • Knowing who to invest with and when, seems like a lottery. How can you reduce the risk of poor investment performance?
  • I have several different pensions but don’t know if I should buy an annuity or take income drawdown?
  • I have surplus capital that I may need in the event of long term care? What should I do if I want to minimise Inheritance Tax at the same time?
  • I want to gift money to the grandchildren each year for their future education but they are too young to have investments in their own name. What should I do?
  • I am in poor health and may not survive the next seven years. What alternative is there to gifting?

From maximising income in a world of low interest rates to guarding against inflation and managing potential inheritance tax liabilities, we’ll guide you through all the areas relevant to your situation. With us by your side, you can be sure that your finances are working hard for the retirement you always planned for.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up.  You may get back less than you invested.  An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.