Individual Retirement Planning
We consult with individuals at various life stages to identify and advise on retirement and wealth management strategies. Our primary focus is to ensure our clients achieve peace of mind through the knowledge that their optimum retirement income will be adequately funded.
Taking a pragmatic approach to financial planning, we seek to encourage clients to think carefully about achieving a balance in their strategy concerning future pension investment return expectation versus anticipated funding contribution level. Crucial to this is the preparation of cash flows and the carrying out of a detailed risk analysis exercise to ensure they reach their desired outcome in the most cost and risk efficient manner.
Step two is to provide regular reporting to our clients on the progress of the retirement fund accumulation, investment fund performance and strategic asset allocation mix, thus delivering all the essential information required to ensure that progress towards the desired outcome remains on track.
On approach to retirement, we can help identify and guide a client on a path that best suits their requirements, again through offering in depth analysis of all options open to them at this crucial time of their life. It is essential for an individual to begin to plan a retirement or exit strategy at least one full year prior to the expected transition date and at this stage we begin to work with our clients to draw up a clear and comprehensive project plan with specific deadlines across the interim period to transition.
We provide advice specifically in relation to:
- Pre retirement planning
- Pension fund accumulation and cash flow analysis of optimum funding strategy including analysis of:
- Executive Pension Plan vs Self Administrative Scheme comparison
- Balancing of long term investment risk and funding input strategies to achieve target fund size
- Efficient management of life time pensions (SFT) planning
- Portability of pension funds into and out of Ireland
- Post retirement planning, including
- Approved Retirement Funds (ARF) versus annuity based income stream
- ARF set up and management
Please do not hesitate to contact a member of our Pensions and Reward Services team with any queries you might have.