Our Services
Retirement planning
In April 2015 the most profound change in pension legislation in a generation came into force. This has opened up retirement planning like never before and gives you more options than you have ever had. Cedarwood Wealth Management Ltd can provide clarity in this area so that you are no longer unsure about your pension planning.
A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.
How can I plan for retirement?
Your retirement goals
Work out what your retirement could look like and calculate how much you’ll need to fund your goals.
Calculate your retirement income
Build a flexible plan around your specific needs that maximises your retirement income and minimises fees to allow you to transition into retirement.
Review your income
Regularly review your retirement plan to make sure it still works for your personal circumstances and that it remains tax efficient, even after you retire.
Retirement Planning faqs
It is best to start retirement planning as early as possible. The sooner you begin, the more time your investments have to grow. However, it is never too late to create a retirement plan and make the most of your resources. At Cedarwood Wealth Management Ltd, we can work with you to build and create a strategy that suits your current circumstances and future goals.
The amount you need depends on your desired lifestyle, expenses and retirement age. At Cedarwood Wealth Management Ltd, we can help you estimate your retirement needs based on your unique circumstances and goals.
To ensure your savings last, we can consider strategies like creating a retirement budget, maintaining a diversified portfolio that matches your risk tolerance, manage withdrawals and income streams. At Cedarwood Wealth Management Ltd, we know that regularly reviewing and adjusting your plan is essential to meet my changing needs in retirement.
What happens to your pension when you pass away depends on your pension scheme and your choices. At Cedarwood Wealth Management Ltd, we can assist you in creating the right plan so that your pension is distributed as you wish.
