Everyone hopes to maintain the same standard of living in retirement as they presently enjoy while working, but to achieve this requires considerable forward planning.

Here are some important questions you need to ask yourself:

Exit strategies
If you are in business, how will you withdraw, leaving the business for the next generation, or do you hope to sell the business? If you intend to hand the business over, do you have a workable succession plan? If you intend to sell, how will you value the business, find a suitable buyer, etc.? There are tax implications from the timing of disposals.

Pension provision
Do you have an adequate pension in place? Do you have the right type of pension? Are you aware of all the pension possibilities open to business owners and directors? Are you making full use of all your allowances?

Savings and investments
Do you have the right balance between savings and investments, and  does your portfolio have an appropriate level of risk/returns?

Life assurance and long-term care
Do you have adequate life assurance, and have you made provision for long-term care and medical insurance for you and your family in your later years?
We can help you answer these questions and recommend solutions that are right for you.


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