Retirement Planning
This is an ongoing journey and Secure your Future are here to help you feel prepared every step of the way.
Retirement is one of life’s stages we all have to go through. While you may not be sure about how you want to spend your retirement, you can decide how you fare when you are no longer actively working. What you do to ensure that you are well taken care of during your retirement is known as retirement planning, and we can help you to do that.
One of the first questions we help you answer from the start is how long you should plan for. People live longer in today’s world because of the many scientific breakthroughs the world is experiencing. This means that projections that worked for retirees several decades ago no longer apply today. At Secure Your Future, we operate a fully-integrated system. We have experts who factor in all of the circumstances that can predict your post-retirement life expectancy and how big your savings plan should be.
Income Planning for Retirement
Secure Your Future, your trusted Financial Advisors based in Dublin, are here to help you navigate the complexities of retirement planning. We understand that Retirement Planning in Dublin can be a daunting task, filled with countless decisions and future uncertainties. That’s where we come in. Our team of seasoned professionals utilise their expertise to create a tailor-made retirement plan that suits your unique needs. We take into account various factors such as your current financial situation, future goals, and risk tolerance to ensure that your golden years are worry-free and financially secure. Trust Secure Your Future to make retirement planning a breeze, setting you on a path to a comfortable and enjoyable retirement.
We also understand that most people may not know the right retirement plan to choose. The right fit considers your retirement objectives, place of employment, and available funds. We also offer you our expert opinion.
The last stage of our work with you happens AFTER your retirement. Before then, we would have decided on the best way for you to receive your pension. Most people opt for a lump sum upon retirement. This is usually free from taxes. We discuss an ARF here. However, an annuity might be more your speed if you are risk-averse. An annuity ensures you have some “salary” coming in until you die. This guaranteed income could either be a single life option or a joint life annuity. A single life annuity is payable for the rest of the holder’s life, while a joint annuity includes a payment to the holder’s spouse upon their death.
An annuity can be for a guaranteed period. The payment will continue even if you are deceased before the expiration of the guaranteed period. A level annuity means that what you receive does not change, while an escalating annuity increases at a fixed rate.
It takes discipline and wisdom to prepare for retirement at the earliest opportunity. Some people need a nudge from time to time. Some others need the entire process taken off their hands. Whatever category you fall into, we have got you covered. We will be with you from the start and keep in step with you to ensure you hit all the milestones you have set. So reach out to us in Dublin to begin the conversation on how to start your retirement planning journey.
