If you are concerned or confused about your pension as you approach retirement age, you are not on your own.  Possibly you are thinking about retiring and have a few questions.  Appointing an independent financial adviser in Dudley may help bring clarity to your situation.

Choosing your retirement age will have implications on how much money you will have in your retirement.

The subject of retirement is complex.  Factors such as drawdown, annuity or taking all your cash in one go all come into play.  Choosing when to retire may well boil down to a simple question:  Have you acquired enough money to give you the income you want when you retire?

Our financial advisers can provide the answers to your retirement questions by creating an action plan for your retirement.  What is a retirement plan?  One which will detail your pension funds, your expected state pension and outgoings will provide clarity on how much disposable cash you will have when you retire.  The advantage of an action plan is that it makes your financial situation clearer to see.

TKV Financial Management are independent financial advisers based in Kingswinford and know the right questions to ask about how you plan to live when you retire.  The more extravagant -  the more money you will require to sustain a lifestyle of this kind.  So define your lifestyle, and possibly estimate how much you will need to sustain it.

In all instances it is worth speaking to an Independent financial adviser who is unbiased and professional like us.