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Helping you to reach financial clarity

The level of your income in retirement becomes increasingly important as you draw nearer to retirement. According to research, the average person hopes to achieve a level of achieving a retirement income of around £17-18,000 per year (Source Prudential). Achieving this level of income can be a challenge especially as life expectancy increases. 

If someone with a £29,000 pot withdrew £3,000 a year from the age of 65, their pot would run out when they were 75 (based on returns of 3% on the remaining savings - Source Age UK). With an average life expectancy of 81, then it becomes increasingly important to consider when to start drawing down on your pension. The importance of planning is crucial to ensure a comfortable retirement and achieving your retirement expectations.

Our Approach

At Absolute Wealth Management, we are able to model your future retirement income based on the assets that you own and your current pension contributions, this allows us to assess how you can improve your financial situation in retirement. From our analysis we can also predict when you would be able to start drawing on your pension income.

Arrange a free initial no obligation consultation

Or call on 0117 907 1965

 

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41 North View,

Westbury Park,

Bristol BS6 7PY

0117 907 1965

info@absolutewm.co.uk