Retirement Partners - With you for life
Creating a financial plan now that allows you to live the life you’ve always dreamed of later, is our main reason for existence. You may dream of retiring early, or indulging in regular life experiences around the globe, the moment you stop working. Whatever your goals, you’ll need a rigorous financial plan that’s specifically tailored to your income, your attitude to risk and your outgoings.
We offer a precision planning approach, meaning we’ll explore every facet of your existing strategy before deciding on the best way forward, to help you achieve the retirement you deserve.
We're not just investment experts; we're your retirement partners, guiding you through the options with personalised planning and unwavering support.
Why You Need a Wealth Management Partner for Retirement
Tailored Solutions: You're not a statistic. Your retirement dreams, risk tolerance, and lifestyle aspirations are unique. Our bespoke approach recognises this, crafting a plan that aligns with your individual vision.
Lifelong Support: Retirement isn't a point on a map; it's a journey. We navigate market fluctuations, adjusting your strategy as circumstances evolve, and ensure your financial security remains on track.
The Ifamax Advantage
Precision Planning: We delve deep, analysing your income, expenses, assets, and retirement goals to build a plan that maximises your financial potential.
Risk Tolerance Assessment: We understand that your finances become especially important towards retirement. We assess your comfort level with risk and build a portfolio that reflects your unique approach.
Financial security is crucial, but it's not everything. We understand the emotional aspects of retirement planning. We'll address your anxieties, celebrate your milestones, and offer unwavering support every step of the way.
Ready to get in touch?
Contact us today for a complimentary consultation and discover how we can make your retirement dreams a reality.
Our Process
Assessing your attitude to risk
How much are you prepared - or can you afford - to lose? Investments can go up and down in the short-term, which is why we build portfolios that deliver steady returns over the long-term, in line with your attitude to risk. In some cases, the security of an annuity may be the right option for you.
Alternative assets
Assets like commercial property can also be held within your portfolio. This helps diversify risk, and can lead to better returns over time.
How to draw income tax efficiently
Pensions are extremely tax efficient and it may be better to draw on other assets before taking any income from your pension. We calculate the most tax efficient way of drawing your income in retirement.
Sequencing risk
We calculate the impact a run of poor investment returns can have on your portfolio, which is known as ‘sequencing risk’. If the pension is your main, or only, asset, and your need for income is high, then this can also impact the recommendation we would make to you.
Spreading your pension pot throughout your retirement
It’s easy to spend too much, too soon in your retirement. We understand it’s exciting; finishing work and embarking on a new and exciting phase of life. That’s why, through our comprehensive cashflow planning we’ll ensure you have enough to spend in those early years of retirement, while still maintaining enough for those later years, when you may need more money for additional support.
Understanding your whole situation
Our initial conversations will help us understand any additional requirements you may have. This can include health issues, which may mean a defined benefit pension scheme, an enhanced annuity, or a drawdown account, is more appropriate for you. We’ll also need to know about your children, dependants, and what you’d like to happen to your wealth in the event of premature death.
Weighing up death benefits
We’ll analyse your pension schemes, and let you know how much your heirs and dependants could receive.
Retirement Options FAQ
-
By creating a financial plan now, we can help you to prepare for the life you've always dreamed of later. This could include retiring early or traveling the world.
-
You will need to consider your income, your risk tolerance, and your outgoing expenses. You will also want to think about how much you may want to leave to your heirs. We can help you to navigate these complexities whilst always looking out for your best interests.
-
There are a number of different retirement options available, including pensions, annuities, and drawdown accounts. The best option for you will depend on your individual circumstances. We are here to guide you through the maze of options with dedicated, personalised advice from our Bristol based team.
-
We are the experts and are happy to help you assess your attitude to risk. This will involve thinking about how much you are prepared to lose and how comfortable you are with investment fluctuations, especially in these challenging times.
-
Annuities can provide a guaranteed income stream for life. This can be a good option for people who are looking for security in retirement.
-
Property values can go up and down, so there is a risk that you could lose money if you invest in property. However, property can also provide a good long-term return on investment. We can help you to understand if this type of investment is right for you.
-
When we look at drawing an income for retirement it is important to look at your overall asset base, as you may find that you can delay or reduce any tax liability now and in the future. A financial advisor like Ifamax can help you calculate the most tax efficient way to draw your income in retirement.
-
Sequencing risk is the risk that a run of poor investment returns, along with drawing an income from your investments, could have a negative impact on your retirement income in the future. This is especially important to consider if you are relying on your pension for income after you retire. There are a number of different strategies that can be employed to assist with this.
-
A financial advisor can help you create a cashflow plan that will ensure you have enough money to last throughout your retirement.
-
If you have health problems, you may need to consider a different type of retirement plan, such as an enhanced annuity.
-
Your financial advisor can help you create an inheritance plan that will ensure your wishes are carried out in the event of your passing.
How we work
Meet the Team
