D O'Kane Financial Services Ltd work with you to consider all the options, based on your needs and risk appetite. One option you may need to consider is pension provision. Thanks to legislation that raised the limits on tax-efficient savings within UK pensions, it makes sense to evaluate this important retirement planning tool.
Planning for your retirement is possibly the most important financial decision you will ever make, with life expectancy higher now than it was for previous generations, we are now seeing the potential to spend almost as many years enjoying retirement as we have spent saving for it. Planning for it correctly may provide you with the standard of living you wish after you stop work.
One way of looking at this is to think about the number of paydays you have before you retire, and the number you hope to have afterwards. Imagine you start your pension planning when you're age 20, and you plan to retire when you're age 65. You have 540 paydays between starting your pension plan and retiring to achieve financial independence (based on an individual getting paid monthly).
D O'Kane Financial Services Ltd
47 England's Lane
t: 01493 604646
f: 01493 656925
The guidance and/or information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK
D O'Kane Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.
Registered Address: Englands Lane Business Centre, 47 Englands Lane, Gorleston, Great Yarmouth, Norfolk, NR31 6BE. Registered Number: 08932631.
© 2014 D O'Kane Financial Services Ltd. All rights reserved.