As you approach your later years, the focus shifts from what can be gained to how experiences and assets can positively impact future generations. Careful planning is essential for providing financial security while avoiding unnecessary taxation.
Your retirement years are a time of planning for the future, from making sure you can live comfortably to thinking ahead about any possible health or care concerns. Additionally, it's recommended that during this period you ensure your will is prepared and consider covering funeral expenses in advance - allowing peace of mind should life take an unexpected turn.
Health and Wellbeing
As you age, your health and wellbeing become increasingly essential. In your 70s, it is likely that challenges will arise; this should motivate you to plan for potential care beforehand if necessary. Taking preventative measures now can help ensure a healthier life.
Gifting Money & Family Inheritance
Not only is gifting money and inheritance incredibly rewarding for everyone involved – especially you as the giver - but more importantly, it will make all the difference in helping loved ones reach life-changing goals.
Evaluating your Lifestyle
As we age, staying active and engaged can become more difficult. Making thoughtful adjustments to your lifestyle may be beneficial in the long-term - from restructuring your space to downscaling material possessions. Taking proactive steps now could help make life far easier later on!
Retirement Living in Later Life
Retirement homes can give you the freedom to enjoy life independently, while still being surrounded and supported by those closest to you. At this stage of life it is essential for your wellbeing that you find a living arrangement which meets all of your needs - physical, emotional and social!
Start your financial journey today
Contact us now to speak to an adviser and make the most of this opportunity.
Protect your loved ones with updated estate planning. Without a plan in place, hundreds of thousands pounds could be taken by inheritance tax when you pass away.
Make The Most Out Of Your Wealth, Speak To An Adviser Today.
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Voyage Financial Planning Ltd is an appointed representative of 2plan wealth management Ltd which is authorised and regulated by the Financial Conduct Authority.
Voyage Financial Planning Ltd is entered on the FCA register (www.FCA.org.uk) under no. 992319.
Registered office: C/O Vantage Accounting 1 Cedar Office Park, Cobham Road, Ferndown Industrial Estate, Wimborne, BH21 7SB. Registered in England and Wales Number: 10889785
