To plan for retirement, start by assessing your current savings, pensions, and expected income sources. Calculate how much money you’ll need to maintain your lifestyle and consider any gaps in your pension or savings.
Assess your needs
Calculate income sources
Explore options
Plan strategically
We help you create a personalised retirement planning strategy that fits your goals and lifestyle. Our services include:
At PHS Associates, our experienced advisors guide you every step of the way to secure a comfortable and confident retirement.
To help you plan your retirement, we need some basic details, Your Age and Retirement Goals.
We'll estimate the future value of your pension pot, helping you see how close you are to your retirement goals.
Check your estimated pension value and discover how to manage your retirement income effectively. Start planning for a brighter financial future today.
A Strong plan shows you how much money you need and the steps to get there.
A Strong retirement plan lets you relax and enjoy life today, knowing your future is secure.
Use smart strategies to take advantage of tax benefits and government programs, making your money work harder for you.
We offer personalised pension planning to help you secure your retirement. Our expert team guides you through your options and builds a plan tailored to your needs, covering savings, investments, and pension income.
Investment advice helps you make smart choices to grow and protect your money for retirement. We focus on understanding your goals and risk tolerance to build a personalised plan.
Budgeting for retirement helps you manage your income and expenses to maintain your lifestyle. It’s important to plan for essentials and leisure costs, ensuring your savings last throughout retirement.
Estate planning helps you organise your assets to protect your family and minimise taxes. It ensures your wishes are followed and your loved ones are cared for after you pass away.
To financially plan for retirement, start by understanding your current savings and estimating your future income needs. Consider your pension options, state pension, and other investments. Regularly review and adjust your plan to stay on track. Key steps include:
Plan your retirement effortlessly with our Retirement Planning Calculator. Review Assets, Assess your savings, investments, and property. Achieve Goals, Get insights to ensure you’re on track for the retirement lifestyle you desire.
Plan your dream retirement with our easy-to-use Retirement Budget Calculator. This handy tool helps you estimate your yearly expenses so you can enjoy the retirement you've always visualised.
Accessing your pension savings can have tax implications, especially if you opt for a cash lump sum. This tool helps you understand your potential tax liabilities and plan your retirement finances effectively.
When planning for retirement, consider these key income sources:
Your savings with the pPeople’s Pension.
Eligible upon reaching State Pension age.
Include any from previous employers or self-employment.
Access benefits like winter fuel payments and free prescriptions.
Use savings, ISAs, or inherited funds to improve income.
Consider earnings from rental properties or part-time work.
If you’re worried your retirement income might not cover your expenses, here are some effective ways to increase it:
Even small increases in your regular pension savings can lead to important growth over time, plus you may receive more tax relief.
Consider investing bonuses or inheritances into your pension pot. The more you contribute, the more tax relief you can get.
If you have multiple pensions, combining them into one can simplify management and potentially reduce fees.
Get insights into how to maximise your retirement savings and understand the tax implications. Start planning today for a secure future.
Get expert retirement guidance to secure your future. Our customised plans help you maximise savings and achieve your retirement dreams.
Get expert retirement advice customised to your needs. Secure your financial future with personalised strategies and insights.
Get personalised retirement advice from our experts. We're here to help you secure your financial future.
If you want to take your accounting work to the next level, then reach us today without wasting time.
Gives us a Call
0208 8611685Send me Mail
info@phs-uk.co.uk
PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.
© Copyright 2024 PHS Associates Acc & Co
Company number - 08670151
