A little early financial planning can go a long way

At this stage in your life, retirement is unlikely to be on your radar, you’re probably too busy enjoying life. 

But it’s important to have one eye on the future – if you set things up now, you’ll be able to enjoy a more comfortable life later on.  And the good news is that it won’t necessarily cost you as much as you might think. 

It’s worth talking to an independent financial adviser

You can gain a lot from talking to a financial adviser. They have years of experience and knowledge, as well as access to a variety of tools that can help you plan. They’ll work closely with you to understand your situation, what you can comfortably afford, and then develop a financial plan that will help you achieve those goals. 

A financial adviser can help you:

  • Save for your future 
  • Offer advice on investment opportunities
  • Protect your assets and lifestyle.

Retirement planning

Thinking about life when you’re older isn’t of much interest when it’s such a long way away. But whether you like it or not, one day the time will come when you can’t or don’t want to work anymore. When that happens, you’ll be grateful you made a few small sacrifices in your youth.

Saving for your pension plan is easier than you think

  1. It’s not complicated
  2. For all eligible employees, your employer will offer a workplace pension so they will contribute too 
  3. And it comes with great tax advantages 

All employers now have to provide a workplace pension where both parties contribute to your pension. And if you were to retire today you may be entitled to a state pension. But there’s no guarantee the state pension will be around when you retire, and just because you’ve got a work-based pension it doesn’t mean it will provide for the retirement you need. That’s where an independent financial adviser can really help. They’ll look at your finances, discuss what you think you may need in retirement and from that work out your monthly contributions. It doesn’t have to be a huge amount, but tucking away a small amount on a regular basis can really add up over time. 

Regular savings

Putting a little money aside on a regular basis is always a good thing, but it can be difficult when you have either debts to pay, a busy social life, maybe saving for a deposit for a house or you already have a mortgage. However, with the right advice, saving regularly can be more simple than you think, and can easily fit in with your lifestyle. Also, a little “pain” in your youth could mean retiring at an earlier age than anticipated, purchasing your own home sooner or going on that round-the-world trip. With regular savings accounts, the earlier you begin saving, the more time your money has to grow.

View our savings accounts or call us today to arrange an appointment with an independent financial adviser – there’s no charge for your first appointment.

Wren Sterling financial advisers

We think that our selected partners, Wren Sterling Financial Planning Limited are the perfect choice to provide our customers with expert financial advice. They are friendly, forward thinking and will listen to and understand your individual situation before advising. As Independent Financial Advisers, authorised and regulated by the Financial Conduct Authority (FCA), Wren Sterling are able to select the most appropriate products to suit your needs from the entire marketplace.

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Exclusive access for members

Face-to-face financial advice is becoming increasingly important at a time when it's becoming harder to find. As a qualifying member, our trusted partner, Wren Sterling, will offer you exclusive access to independent financial advice. Make your appointment today and start benefiting. T&Cs apply. 

Get in touch with us

Don't know where to start when it comes to planning for your future? Don't worry, you're not alone. Call us on 0344 481 1226 to book an appointment with a Wren Sterling adviser who will help you find the best approach.

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