Retirement
Strategies
 Like most people, you
probably hope to enjoy a similar standard of living in
retirement as you do during your working life but achieving
this means that you need to plan in advance. Issues you
will need to consider include:
Exit Strategies
If you are in business, considering
your exit strategy is a priority. Will you withdraw from
the business, leaving it for the next generation, or do you
hope to sell the business? If you intend to hand the business
over, do you have a workable succession plan? If you intend
to sell, how will you value the business or find a suitable
buyer? And are you aware of all the tax implications of the
timing of disposals?
Pension Provision
Have you made adequate pension
provision, and do you have the right type of pension? Are
you aware of all the pension possibilities open to business
owners and directors? Are you making full use of all your
allowances?
Savings and Investments
Do you have the right balance
between savings and investments, and between high and low
risk exposures?
Life Assurance and Long-Term
Care
Do you have adequate life assurance,
and have you made provision for long-term care and medical
insurance for you and your spouse in your later years. We
can help you answer all these questions and recommend solutions
tailored to your particular needs.
It would also be wise to consider
how issues such as Estate
planning and Trusts
and executorships can play a part in your retirement
strategy.
If you wish to know more about our retirement
strategies service or would like to arrange a free initial
meeting to discuss in more detail how we can help you, please
contact Peter on +44 113 389 6204 or email peter.blinkhorn@kirknewsholme.co.uk
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