Getting Retirement Ready

Nearing retirement is a moment of relief and, potentially, stress.

 It means that your time is freed up to spend with family and friends, travel and engage with hobbies. It also means that you might be worried about having the money to sustain your quality of life. Being educated around your options in retirement can help you feel more in control and confident about your future. To help you with this the team at Bigmore Financial Planning have pulled together a few content pieces to help you understand some of the elements that factor into a retirement plan for our clients. 

Note: This content is for educational purposes and does not constitute a financial plan. Before making any specific decisions around your pensions, investments or retirement options it is recommended that you speak with a qualified financial advisor who can provide bespoke guidance for you and your situation. 

If you are on the cusp of retirement, you might be thinking about the best way to maximise your pension. The first step in deciding what to do is understanding the options and the intricacies of them.

This recording will help gain that knowledge. 

Knowing how much is enough in retirement is as unique as each person’s favourite tea biscuit. 

With careful planning and a thorough review of past, current and future finances, you might just be able to discover what that magic number is for you. 

Clients often ask our advice on whether or not they should consolidate their pensions.

Though the answer will be specific to each person’s circumstances, the things we look at when addressing this question are quite often the same.

It is a beautiful gesture to be financially generous to the people who matter to you. Yet as you grow older, you must prioritise making sure you will have financial stability in your later years.

Striking a balance between the two can be a challenge.

a guide to inheritance tax

Inheritance tax is often viewed as one of the more complex and sensitive areas of tax. It is applied to the estates of deceased individuals and can have a profound impact on families and their legacies. Navigating inheritance tax requires a clear understanding of its rules, exemptions, and planning strategies. This guide aims to demystify the subject and offer clarity and insight into how inheritance tax works and what you can do to mitigate it.

As with all personal financial decisions your circumstances will be different to others so bespoke, professional advice is always recommended.

Bigmore Associates has over 50 years experience guiding clients through the most impactful financial moments of their lives.

If there is anything we can guarantee you about your retirement plan it is that it will not look like anyone else’s. You could have the same amount of funds available as your best friend but how you use it and how they use it, what their goals are and what your goals are will be different. This is why we always recommend seeking advice ahead of retirement. 

Bigmore Associates can provide assistance with:

Retirement

Our professional financial planners will guide you throughout your retirement journey as your needs and income requirements change.


Pensions

Providing you with professional pensions advice to help you save, tax-efficiently into a pension plan for a financially secure retirement.


Savings & Investments

Expert Savings and Investments advice designed specifically to meet your short and long-term savings goals.


Cashflow Modelling

Worried about the money running out? Cashflow modelling will assess sustainability and give you peace of mind.


Estate Planning

Helping you to protect family wealth for future generations through effective tax and trust planning.


Equity Release

Releasing equity can be life changing but you must also be aware of the potential associated risks.


Will Writing

Are your wishes for your estate to be passed to your loved ones? If so, making a Will is essential.


Lasting Power of Attorney

There may come a time when you are unable to control your affairs and need a Lasting Power of Attorney.


Whether you are looking for one or all of these services, Bigmore Associates is here to help. 

The Team of Advisors

Clare Ridlington

Head of Advisory, Chartered Financial Planner
FPFS

Clare joined Bigmore Associates as a Chartered Financial Planner in 2021 and was made Head of Advisory in 2023. She brings with her over 19 years of industry experience. Highly qualified as a Fellow of the Professional Finance Society she previously worked at Standard Life Assurance Co as a Business Relationship Manager. Clare is passionate about helping clients achieve financial freedom and she can use her many skills to assist them on every step of that journey.

Cain Stennett

Cain Stennett

Financial Planner & Mortgage Advisor
Dip CII, Certs CII (MP & ER)

Cain offers advice on all aspects of financial planning, the mortgage market, protection, and equity release. He has experience catering to clients from all walks of life, always aiming to provide clear, concise advice.

Outside of work, Cain’s interests include music, gaming, and history (in which he holds a masters degree) as well as watching sport and spending time with friends.

Luke Davies

Director Bigmore Wills & Probate, Will Writer
MSWW Certs Cll (MP)

Luke is perfectly positioned to help clients navigate the difficult process of leaving the most tax efficient legacies. As well as helping clients create the perfect Will he can help with all aspects of Estate Planning.

‘I am proud of the tailored advice and value delivered to clients from all walks of life. Being able to help write Wills, considering the individual wishes of the clients and making sure estates are left in the most tax efficient way.’

Chris Layzell

Chris Layzell

Head of Mortgages & Protections
Cert CII (MP & ER)

Chris deals with all aspects of mortgages & protections including purchases, remortgages, buy to let mortgages and supporting life cover, as well as becoming an equity release specialist.

Chris is a big sports fan and keen cyclist; he can often be found cruising around the Surrey Hills in his spare time.

In addition to the above, Bigmore Associates offers a range of services including:

  • Financial Planning for both long term and short term financial goals
  • School and Care Fee Planning
  • Probate Service
  • Corporate or Personal Protection
  • Payroll Services
  • Employee Benefits

To learn more about Bigmore Associates visit our About Us page. 

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Bigmore Associates is offering a 10% discount to all members of the BCS70.

To book a free initial consultation on any of our service areas fill out the contact form below. Please quote BCS70 when you make the appointment to confirm your discount.

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