In your late 60’s onwards, your financial needs will change further
You may wish to retire fully, or carry on working in a reduced capacity. Your children may have left home, meaning that you are considering ‘downsizing’ to a smaller home to release some equity. You may even have paid off your mortgage in full meaning that your outgoings are significantly less.
At this time of life, you may be considering what long-term care you need. It’s also a time to ensure you are happy with the plans you have in place to pass on your wealth, and you are doing so tax-efficiently for your beneficiaries.
At this life stage, a financial adviser can help you with:
Wealth management
Giving you advice on savings, investments, tax planning and retirement planning.
Personal and business protection
Ensuring you have the appropriate level of life cover, critical illness cover, income protection cover and business cover.
Retirement planning
Advising you on pension funds, personal funds, company or trustee funds.
Wealth preservation
Estate planning, succession planning, trusts.
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Tax planning, Trusts, Estate planning and Succession Planning are not regulated by the Financial Conduct Authority.