Retirement Planning Answers the Questions That Keep You Awake
How much do I need to retire?
Your target retirement income depends on your lifestyle expectations, housing costs, and planned activities. We build a personalised cashflow model using your actual figures ~ pensions, ISAs, and other income sources ~ to calculate your number and show you exactly when you can stop working.
Should I consolidate my pensions?
Consolidation can simplify your finances, reduce charges, and make your pension easier to manage. But it is not always the right decision. Pensions require careful assessment before they are transferred to another product. We review each pension individually and advise on consolidation only where it benefits you.
Is income drawdown right for me?
Drawdown keeps your pension invested in retirement, providing flexibility and the potential for continued growth. But that carries investment risk. It should only be taken following a detailed assessment of your circumstances, health, other income sources, and attitude to risk. We provide regulated at-retirement advice with fees from £3,500. Working with an expert retirement planner gives you peace of mind that income drawdown is the right option and that you can sustain retirement.
We Can Advise You on a Range of Retirement Products Including:
Self-invested Personal Pensions
(SIPP)
Drawdown arrangements
Annuities
Personal pensions
SIPP property purchases
The value of pensions and any income from them can fall as well as rise. You may not get back the full amount invested. Levels and bases of, and reliefs from, taxation are subject to change and their value will depend upon personal circumstances. Taxation and pension legislation may change in future. Drawdown pension plans (unsecured income) are complex and are not suitable for everyone. Pension decisions can affect your income for the rest of your life (and that of any partner and other dependants). Where benefits are accessed on a flexible basis, these are not fixed or safeguarded for life. If security of income is important to you then you should consider purchasing an annuity or taking a scheme pension to provide a secure level of income. The Financial Conduct Authority does not regulate cashflow planning.
Our Fee for At-Retirement Advice
Our at-retirement advice starts from £3,500. This covers a full review of your pension options, cashflow modelling, a written report and personal recommendation, and the implementation of your chosen strategy. Most clients then move to an ongoing service for portfolio management and annual reviews. Download our Key Facts for full fee details.
Let's Talk
Email : email@blackmountwealth.co.uk | Phone : 0141 286 4342