Page 13 - 363992 LP241340 Darlington Magazine 44pp A5 (July 2022)

Please mention Darlington Monthly when contacting advertisers
Retirement planning
Your retirement is unique to you. You may have built up several pension pots over the years, but have you thought about when you’ll retire and how best to use your assets to support this?
We always start with the end in mind. It’s important to understand your aspirations and retirement goals. After a lifetime of work, what do you want to do when you retire and what is important to you?
We start with some simple questions:
When do you want to retire?
Why is this date important to you?
What does your dream retirement look like?
Once we understand your retirement income needs, we can look into the numbers: By making reasonable assumptions on growth and income rates we can work out if you’re on track. If there’s a shortfall, we can help you work out how to plug the gap. Our comprehensive cash flow analysis will help you
understand the need for making
sensible decisions around budgeting and prioritisation, to ensure your dream retirement becomes a reality.
We often find more and more that people’s retirement is less of an event, and more of a process. For many people it is a transition which often happens over a number of years: You may want to gradually reduce your hours, or go part-time in a less strenuous role in the years leading up to retirement. Fortunately, the Pension Freedoms Act 2015 introduced some much-needed flexibility with regards to taking your pension benefits, meaning there are many options available to accommodate this new paradigm of retirement.
Here at Acumen, we are a firm of Independent Financial Advisers with over 30 years’ experience in the industry, specialising in Investments and Pensions. We offer a free 1-hour consultation with no obligation, and welcome the opportunity to meet and discuss the ways in which we may be able to help you.
All investments rise and fall in value, so you could get back less than you invest.
Feel free to contact
Adrian Peacock or Dan Midgley at Acumen Investment & Pension Solutions on 01325 482585 or call in at 21 Grange Road Darlington DL1 5NA.
Find us on Facebook: DarlingtonMonthly Visit us online: www.darlingtonmonthly.co.uk 13