Retirement strategies

Are you confident you have made adequate preparations for your retirement? These days, with increasing life expectancy and advances in healthcare it is not uncommon for people to live for twenty to thirty years after they retire. This can be more than half the time they spent working!

Ensuring adequate income for life in these circumstances requires careful planning across a wide area:

More and more people are supplementing their pension provision with other sources of retirement income. The tax and financial implications of such decisions can be complex and require advice.
Then there are the questions of when you should plan to retire and how you will leave your business – whether you will pass it on to others in the family or sell it and cash out.

It is wise to prepare your exit strategy well in advance and to be sure you optimise your tax position while you still have flexible options.