Our Retirement Planning Review is designed for dental professionals who want greater clarity around when they can afford to retire and what they need to do to get there.

Retirement planning is about much more than knowing how much is currently in your pension. The starting point is understanding the life you want your money to provide. You may want to:

• fully retire.
• reduce your clinical days.
• sell your practice.
• reach the point where continuing to work becomes a choice rather than a financial necessity.

This service brings your financial position together and helps answer one key question:

Are you on track for the retirement you want?

What's included?

Your Retirement Planning Review includes:

• A review of your existing pensions, savings and investments. 
• Assessment of your current retirement contributions, 
• Discussion around your preferred retirement age, target retirement income, current and expected expenses.
• Consideration of State Pension, business, investment, practice and any retirement income.
• Personalised cashflow modelling: Cashflow modelling allows us to visually map your financial future.
• Assessment of whether your current strategy is on track, identifying any shortfalls and future values. 
• Clear recommendations and next steps.
• Your personalised cashflow plan

We can explore questions such as:

• Can I afford to retire at 55, 60 or 65?
• Could I reduce my working week before retirement?
• How much should I be contributing towards retirement?
• What level of income could my pensions and investments provide?
• What happens if investment returns are lower than expected?
• What happens if I want to spend more during the early years of retirement?
• Could I retire sooner than I currently think?

Rather than receiving another pension statement, you leave with a clearer understanding of where you are today, where you want to get to and what needs to happen between now and retirement. 

If you are thinking about retirement, or concerned of what your outcome will be, reach out to arrange an initial discussion.