Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing.

How to plan for your financial future

At Four Wealth Management, clients come to us for each stage of financial planning.

Reach your savings goals

If you have particular savings goals that you would like to reach, for example, saving for a house deposit, buying a car or saving to pay for your children’s education then a financial adviser at Four Wealth Management can help you to achieve this.

There may be some tax reliefs or allowances that you have not utilised or more tax-efficient ways for you to save that you have not considered which might help you to achieve your financial goals quicker.

Plan ahead for your retirement

A Financial Adviser at Four Wealth Management can help you to plan for each stage of retirement such as planning your monthly income as well as utilising all the tax reliefs and allowances available.

Taking an interest in your retirement planning when you are young is key to financial planning.

Knowing how much you have already saved for your retirement and calculating how much you will need to be saving to reach your retirement goals will give you a clear plan for the future. This will also give you more control and flexibility and allow you to choose when to retire.

If you are not sure how much you will need to have saved into a pension before you retire, you can book a no-obligation meeting with a financial adviser.

Arrange a Professional Review of your Pension

What do I do if I’m not reaching my income goals at retirement?

If you have already retired but you are not achieving the level of income that you need at retirement, there are lots of steps you can take.

Firstly, you should make sure you have a sufficient cash emergency fund and then revisit where your investments are held.

There may be other assets that you have that you can use to generate additional income. For example, you may hold Cash ISAs which are generating poor returns due to interest rates being at historic lows. You may wish to consider transferring these to a Stocks and Shares ISA which can potentially outgrow inflation. If you are considering this option, it is important to speak to a financial adviser who can determine which ISA investments are suitable for your individual circumstances and attitude to risk.

Book a no-obligation meeting with a financial adviser

Do you know the costs of long-term care?

Many people only begin to think about paying for the cost of long-term care when it is too late or when it is needed imminently.

If you plan in advance for the possibility of needing some form of care in the future then there will be a lot more options available to you and it could cost you less in the long run.

The average cost of Residential care in England is £35,000 per year, whereas the average cost of nursing care is over £50,000 per year. *

At Four Wealth Management, we have financial advisers who are qualified in long term care planning and can help you to create a plan to cover any future potential care costs.

Book a no-obligation meeting to discuss long-term care

Find out more about long term care planning

Not sure where to start?

If you want to start planning your financial future but aren’t sure where to start, you can book a no-obligation meeting with a financial adviser or give us a call on 0117 973 0500.

The value of an Investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than you invested. An investment in a Stocks and Shares ISA will not provide the same security of capital associated with a Cash ISA.

The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances.
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Please note that St. James’s Place do not offer a Cash ISA.

*Which, ‘Care home fees’, 2021

Enquire Now

If you have any queries or would like to arrange a face to face meeting with an adviser for a no obligation review of your personal finances, simply book a call back using the form below. Alternatively, you can call us on 0117 973 0500.

The Partner together with St. James's Place Wealth Management plc are the data controllers of any personal data you provide to us. For further information on our uses of your personal data, please see the Partner's Privacy Policy or the St. James's Place Privacy Policy.

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How to plan for your financial future
FourWealth Management