Many people stumble through saving for their retirement probably because it is such a blurry picture. Imagine this – trying to save for a retirement – don’t know when, don’t know how much you are going to need, don’t know how long you will live for – and so it goes on. Saving for a pension is vague at the best of times, but because it is a long term contract, then most people lose sight of the end, and so struggle to cope with it all.
Simply put – a pension is just a long term savings contract with tax relief – that’s it. Yes there are complications with what you can and cannot put in, what you can take out and how you can use the pension, but it is simply a long term savings contract designed to be used for retirement purposes and it gives you greater flexibility than ever before due to changes in pension legislation.M A P have developed an estimated cash flow projection that can give you a ballpark figure of what you might come out with and more importantly if you are a M A P client we will update it each and every year and so give you your updated estimate as you go along life’s way. Wouldn’t that be better for you because at least you would have something to work to, and that’s a world away from doing it all blind and hoping for the best.
M A P’s retirement planning does exactly that by looking at what you have saved each year and projecting it forward. What we do is remove the guess work, it is our aim to give you an accurate picture of your long term savings. We work closely with clients to show them what their pension can achieve – why don’t you let us help you. The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Links to external sites are for information only and do not constitute endorsement. Always obtain independent professional advice for your own particular situation. Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority. For any enquiries, contact Andrew on 07957 836211 or enquiries@mapfinances.co.uk
