Plan Your Retirement With Navigate Financial
It is never too early to Plan Your Retirement.
Most people don’t know where to start. They just feel like they ‘should have a pension’.
At Navigate Financial we listen to your needs and goals to build a bespoke financial plan to put your mind at ease.
Whatever age you are, whatever your retirement goals, we will create a personalised retirement plan specifically for you.
And, if you feel like retirement is hurtling towards you and you are not sure what your financial position will be, we can model your current plan(s) so you can make proactive decisions now!
Plan Your Retirement
- Gain Clarity
Finishing work or cutting down hours to spend more time on the things you want to do outside of work can often feel like an impossible dream.
At Navigate Financial we look at all aspects of your retirement planning, whether you are years away from retiring, considering retirement in the immediate future, or are already retired.
Do any of the following sound familiar?
- I am worried I have not saved enough for my retirement.
- How much do I need to be able to retire?
- When can I retire?
- I have no idea how far my money will go when I retire.
- How much can I spend whilst making sure my money lasts?
- What happens if I pass away in the early years of retirement?
- Is there any point planning for retirement when I am under 40?
- Is accessing my tax free cash right for me?
Plan Your Retirement
- For Financial Peace of Mind
Many of our more mature clients contact us initially because they are anxious about what their financial position will be when they retire.
Using the latest technology, we can model and predict your current pension funds from the age you wish to retire and show you just how long your current provision will last.
This puts you back in control and allows us to work with you to Plan Your Retirement to make your dreams a reality.
- Gather your current pension information
- Discuss your retirement goals
- Provide personalised options to make them a reality
Simplified
Plan Your Retirement
- Step-by-Step
Many of our clients tell us that before reaching out they didn’t understand the world of pensions.
Some have paid in to a company pension for many years without a clear picture of what those funds would provide for them.
We take all the mystery away and provide you with a step-by-step strategy so that you are in control.
Existing Plans
We will obtain up-to-date statements from any existing pension plans so that you clearly understand your financial position.
Retirement Goals
We discuss with you what age you would like to retire and how much money you would like to ideally have to support your lifestyle.
Investment Strategy
Based on your existing plans, your goals, and the level of risk you wish to take, we will create a tailored plan for you.
Retirement
Find answers to common questions about retirement planning to help you make informed decisions.
When should I start planning?
It's never too early to start planning for retirement. The earlier you start, the more time you have to save and invest for your future.
How much do I need?
The amount you need for retirement depends on various factors, such as your desired lifestyle, expected expenses, and retirement age. It's important to work with a financial advisor to determine your specific retirement savings goal.
What are my investment options?
There are several investment options available for retirement planning, including stocks, bonds, mutual funds, and real estate. A financial advisor can help you choose the right mix of investments based on your risk tolerance and financial goals.
How can I reduce taxes in retirement?
There are various strategies to reduce taxes in retirement, such as contributing to tax-advantaged retirement accounts like IRAs and 401(k)s, taking advantage of tax deductions and credits, and managing withdrawals from different types of accounts.
What is estate planning?
Estate planning involves creating a plan for how your assets will be managed and distributed after your death. It includes creating a will, establishing trusts, and designating beneficiaries for your retirement accounts and life insurance policies.
How can I protect my retirement savings?
To protect your retirement savings, it's important to have a diversified investment portfolio, maintain an emergency fund, and have adequate insurance coverage. Working with a financial advisor can help you develop a comprehensive protection plan.
What is corporate retirement planning?
Corporate retirement planning involves helping businesses establish retirement plans for their employees, such as 401(k) plans or pension plans. It includes plan design, investment management, and employee education.
How can I plan for healthcare costs in retirement?
Planning for healthcare costs in retirement is crucial. It's important to consider Medicare coverage, long-term care insurance, and budgeting for out-of-pocket expenses. A financial advisor can help you navigate the complexities of healthcare planning.
What are the benefits of working with a financial advisor for retirement planning?
Working with a financial advisor can provide you with personalized guidance and expertise in retirement planning. They can help you set realistic goals, develop a comprehensive plan, and make informed investment decisions.
How can I maximize my Social Security benefits?
To maximize your Social Security benefits, it's important to understand the rules and strategies surrounding claiming benefits. A financial advisor can help you optimize your claiming strategy based on your unique circumstances.
Begin to Plan Your RetirementToday
Whether you would like to set up your first pension plan or Plan Your Retirement because its not too many years away, Navigate Financial are here to support and advise you.
