ABOUT RETIRE PLAN
Welcome to Retire Plan, your trusted partner in personal retirement cashflow planning and financial guidance service. At Retire Plan, we understand that preparing for retirement is a significant milestone, and we are here to guide you towards a secure and fulfilling financial future. Our mission is to empower individuals to achieve their retirement goals by understanding their wealth better.
We aim to provide an outlook of what your retirement income could look like as well as educate and inform you of what options are available to you without the need to engage a financial adviser where you have to commit to expensive upfront and ongoing costs.
Whether you're just starting your career, nearing retirement age, or already enjoying your retirement, our approach caters to clients at every stage of life.
Our innovative tools and cutting-edge technology enable us to create sophisticated cashflow models and visualize your retirement in a clear and accessible manner.
Each member of our team is a chartered financial adviser however it is important to note this is a cashflow planning service only and does not constitute as regulated financial advice.
What is cashflow planning?
Cashflow planning is the process of looking at your current financial situation, and planning ahead for the future.
Reasons why this service might be right for you
I have built up savings within and outside of pensions and want to know what sort of income I could achieve.
Over time you may have built up savings including investments, ISAs, bank accounts, pensions and even property. On top of this you may have additional income sources from state pensions and other pension sources. You are unsure collectively the amount of income this could provide for you.
Our cashflow planning service will collate this information to help you understand the standard of living you could maintain and inform you of any shortfalls that you may need to address.
Can I retire early
You may have decided that you want to stop working but are unsure if you can afford it. Our service, by using sensible assumptions and other variables can forecast if early retirement is viable and if not now when or what would you need to do to make this achievable.
Can I pay off my mortgage
You may have some large expenditure planned for retirement be it paying off your mortgage, going on a round the world cruise or even helping out the kids or grandkids with a deposit for a house. By identifying your income needs for daily standard of living we can also include scenarios that include these large expenditures to see if it is affordable for you.
With Stock markets being so volatile I am concerned poor performance of my pension could cause me to run out of money.
The software we use can stress test your portfolio against prolonged market under performance. This will help you understand if your funds are strong enough to stand up to volatile periods and help you understand what action you may need to take to combat this.
Overwhlemed with the complexities surrounding pensions and general financial planning
Navigating retirement planning can be complex and cause you to bury your head in the sand. If you want to have a better understanding of what your available options are without or before engaging a financial adviser our team of experts will be able to explain without financial jargon exactly what your options are through financial guidance.
How does the service work?
The service is quick and easy to complete with minimal input from yourself. Just follow the steps below and you will be well on your way to a better understanding of your financial future. Should you prefer just one of our Financial guidance consulations please enquire at retire-plan@outlook.com.
Gathering information
Click the 'Get Started' tab and this will direct you to our secure client portal. Here you will be able to review our Fee Agreement and Terms & Conditions document. You will need to complete the Fact Find document to allow us to accurately forecast your retirement savings. This process takes on average 15 minutes.
Report
We will run your scenario through our cashflow software to produce a report that shows the sustainability of your retirement provision. This will be accompanied by a short report highlighting the key findings.
Payment
Once you have input your information and completed the fee agreement there will be a link to payment where you will also be able to choose the level of service you want. We will require payment upfront in full before any work begins.
Presentation
If you have elected for a video call with one of our experts this will be where we present to you our findings interactively which will also give you an opportunity to make any changes. For example, taking more income or a higher risk profile.
Information review & contact
Our team will look through the information you have provided and should you have elected to go for the report and video call service a member of our team will be in touch over email to book your appointment.
Planning for the future
It goes without saying in life your circumstances are forever changing and sometimes even out of your control. We recommend refreshing this exercise yearly to ensure your financial security remains on track.
Available services
Before deciding on what level of service you want why don't you get in touch with us at retire-plan@outlook.com where we can help you decide which service is most suitable for you.
Silver Service
The silver service provides you a detailed report that forecasts the sustainability of your savings with the use of charts, tables and texts to clearly outline what your income could look like in the future. This will also be accompanied by a short summary document that gives you a snapshot of your results.
Gold Service
The gold service includes the silver service package however also included is a one to one video call through Zoom where a member of our team talks through your results giving you the opportunity to make changes to the forecast with any different scenarios you would like to see as well as answer any questions you may have. The financial guidance service below is included within this service.
Financial guidance Service
You may just prefer a one to one financial guidance service that can help you understand your current situation and highlight a series of options available to you for you to ultimately decide what you want to do. Speak one to one with one of our experts over the telephone or video call. Contact us directly to enquire about this service at retire-plan@outlook.com.
