Case study on Couples Early Retirement

Peter & Sarah’s story

“We wanted the reassurance we could achieve our retirement together.”

Peter & Sarah came to us with aspirations to retire early. Both approaching 62 they were ready to think about their next stage of life together. In good health, they were both keen golfers and enjoy playing golf together. With a new campervan in their sights and ambitions to tour the UK playing different golf courses, Peter and Sarah already knew what they wanted their retirement to look like, but they didn’t know if they would have sufficient income to meet their desired lifestyle.

Taking it all into account

Peter was the sole wage earner for the couple and Sarah had been the primary care giver for their two children. They were concerned about how much income they could generate from their pension and investment in retirement and how best to manage their income needs. Peter also wanted the reassurance he could take care of his family by leaving wealth to his wife and children if he were to die prematurely.

Our advice

Peter had accumulated almost £650,000 in a number of different pension arrangements.

Using our cash flow model we demonstrated different scenarios for Peter & Sarah and we built an income strategy that would allow Peter to retire early and have in place a flexible retirement plan to ensure their funds would sustain their lifestyle and provide a potential inheritance on second death.

We are experts in navigating saving and investment opportunities and retirement options. We work closely with you to provide a robust financial roadmap to help you achieve a lifetime of goals. Life never stands still, so, as you and your family grow and your circumstances change we will continually review your financial plan.

By using our cash flow model, Peter & Sarah were able to support their family when it mattered the most and still gave them complete confidence in their goals.

“Financial planning took the guess work out of our retirement. We know our money is working hard for us and our wealth is protected for the next generation. It’s a complete weight off our mind, leaving us to enjoy the golf course.” Peter

If you want to know more about planning for your retirement get in touch. Your first meeting with us is entirely at our cost. Please call our team 01244 347 583 or pop your details in the boxes below and we will contact you promptly.

Disclaimer

This Case Study outlines the actual results that we have achieved for genuine clients of Innes Reid Investments Limited. Full names have been withheld and stock imagery has been used to protect their identities. The content is for informational purposes only and should not be taken as advice. You should seek advice from an Independent Financial Adviser before taking action in relation to retirement planning.