Altrincham IFA | Altrincham Financial Advisor

RETIREMENT PLANNING

If you have been thinking about your finances recently then hopefully you have also been taking your retirement plans into consideration. Retirement plans are extremely important yet so many people still continue to overlook them.

In order to get the best results when it comes to retirement planning, you should utilize the services of a top Altrincham Independent Financial Advisor (IFA). An IFA can offer you professional and unbiased advice regarding your financial situation and any financial products that are currently on the market that could help your situation.

Here at Assured Wealth and Estate Planning, we can connect you with an Altrincham IFA so you can get your retirement plans sorted! There are many things to take into consideration when it comes to your retirement planning, so this is why the help of an IFA is very beneficial.

The majority of people are currently living paycheck to paycheck, meaning that they don’t have a lot of money in their savings and would be in a big dilemma if their paycheck didn’t come through the month after. How do you think these people will cope during their time of retirement, without a monthly wage coming in?

It’s easy to see why retirement planning is so important and how beneficial it can be. But in order to get the best results from retirement planning you need to consult the services of a financial advisor. Now, contrary to popular belief, financial advisors aren’t just for the rich. They can be beneficial to you, especially if you are on a low-income.

There are a wide range of different avenues for you to take with regards to your retirement. For example, you might want to take advantage of some pension plans, investment schemes, or maybe even a buy-to-let property. The best option for you will depend on many factors including your current income, savings, and amount of risk that you’re willing to take.

FINANCIAL PLANNING

Whether we like it or not, finances play a huge part of our lives now, there simply isn’t much you can do without money. With that being said, it would make sense to get the best financial advice that you can get so you can live the life that you really want to live.

For the vast majority of us, we don’t have a lot of money in our savings account and we don’t know what we would do if we were to get fired from our jobs next week. Going through financial planning with an Altrincham Independent Financial Advisor (IFA) will mean that you’ll get professional and unbiased advice regarding your financial situation and could therefore have peace of mind regarding your finances.

Here at Assured Wealth and Estate Planning, we can connect you an Altrincham IFA so that you can get your finances on track as soon as possible!

When it comes to financial planning there are a wide range of avenues that you can take, and this is why it’s so important to consult the services of an Altrincham IFA. One of the most popular financial plans is a cash flow management plan.

A cash flow management plan will plan your financial life up until your 100 years old, so you can rest assured knowing that it’s a secure option. Your cash flow management plan will detail all aspects of your financial life, including factors such as what you want to do in life (i.e. your bucket list), unexpected expenses, deaths of family members, and everything else that you can think of!

As you can see, it really is quite extensive and by creating a cash flow management plan with your financial advisor you’ll be putting yourself in a much better position to deal with your life financially.

MORTGAGE ADVICE

Chances are that your home will be the biggest purchase that you’ll ever make, this is at least true for the vast majority of us. With that being said, it would only make sense for you to get proper advice when it comes to purchasing your home.

If you’re thinking about getting a mortgage on your home, then we can help you. Here at Assured Wealth and Estate Planning, we can connect you with a professional and well-trusted Altrincham Independent Financial Advisor so you can get the right kind of advice regarding the mortgage on your home.

Contrary to popular belief, financial advisors aren’t just reserved for the rich and wealthy, and they certainly aren’t expensive. In fact, considering that a financial advisor will actually save you money in the long run – can you really afford not to use their services?

With your home most likely being the biggest purchase that you’ll ever make in your lifetime, it only makes sense to get professional and unbiased advice from an Altrincham IFA. This would mean that you’re going to get the best possible outcome with regards to your mortgage and you could end up saving a lot of money in the long term.

There are three main aspects that you’ll want to consider when it comes to your mortgage, these are:

Repayment or Interest Only? – If you are trying to keep your monthly repayments as low as possible then interest only might seem quite appealing to you, but you won’t actually be paying off your debt as you’ll only be paying the interest.
Fixed Rate or Variable? – If you think that interest rates are going to go down then you might be leaning towards a variable rate mortgage, but fixed rate would save you money if the interest rates increase.
Duration of Mortgage – Choosing a longer duration would mean that your monthly repayments are going to be lower, but it also means you’ll end up paying more interest.

ESTATE PLANNING

Have you ever wondered about what’s going to happen to your assets and estate when you’re no longer around? Unfortunately the majority of people don’t create a will and go through the estate planning process, so everything they own goes to their government by default. They will have no control over how their assets are expended.

Here at Assured Wealth and Estate Planning, we’re here to help you; we can connect you with a professional and well-trusted Altrincham Independent Financial Advisor (IFA) who can provide you with personal and unbiased advice regarding your estate and how your assets will be controlled when you’re no longer around.

Many people overlook the estate planning process simply because they think that it’s either not necessary, or because they think that their assets are going to go to their family regardless of whether they go through with the process or not.

This simply isn’t true and you should always go through with estate planning if you have a sizeable amount of assets. Even if you have assets that are worth just over £5,000, planning is key in ensuring your estate is dealt with effectively.

Estate planning isn’t a simple process and there are a wide range of avenues that you can take to ensure that you and your family members are going to get the best outcome with regards to your assets. You can nominate your most trusted friends and family members to execute your will when you’re gone. In addition to this, you can even appoint guardians for young children to ensure they grow up with the people you wish them too. Trustees are appointed in your documents to look after assets for children under age 16, normally until they reach age 25.

Your Altrincham IFA will be able to discuss all of these options with you to ensure that you are getting the best outcome. If you’re worried about inheritance tax, you can even discuss options to reduce the amount of tax that would be payable!