A Comfortable Retirement

4th September 2015

John from Northumberland attended a Planning for your Retirement seminar at his place of work – Hewlett Packard, in June 2014. Although John felt relatively financially literate before attending, he found the seminar very useful; particularly when it explained the importance of investigating all occupational pensions and not just the pension from his current employer. He also felt that the seminar gave him greater awareness about how much money is needed in retirement and the various tax considerations.

When the seminar ended, John felt motivated to take further action and requested a one-to-one meeting with an Adviser. Therefore, my wealth Adviser Samantha Tulloch visited John and reviewed his current financial position and discussed his objectives as well as his attitude to risk. Factors such as a recent inheritance and redundancy package were taken into consideration. Samantha then explained John’s options and provided him with an Investment Planning Report.

Once John had reviewed this he decided to take the next step and follow Samantha’s financial recommendations.

John comments, “I had some ideas about my retirement options before I met with Samantha but I didn’t have the time or expertise to set up the plans myself. Samantha has helped me make the most of my financial situation in a tax efficient way and showed me how to take advantage of my annual allowance. I am now looking forward to a comfortable retirement. Samantha was really responsive and always replied to emails and phone calls and has helped me to prepare for my changed circumstances.”

Now that John is in retirement he has been working on fixing up his garden and spending time on his boat. He has a number of commitments keeping him busy including charity work.  John also became a grandfather in May this year and has plans to travel and visit his children more regularly who are based in various locations in the UK.