Knutsford IFA

RETIREMENT PLANNING

Retirement planning is extremely important but unfortunately not many people take it into consideration. There are numerous reasons for this such as the simple fact that many people believe it’s an expensive and time-consuming process, but if done right, proper retirement planning is actually going to save you money and allow you to have a much better quality of life in your later years.

Here at Assured Wealth and Estate Planning, we can connect you with some of the most professional and well-trusted Knutsford Independent Financial Advisors (IFAs). These financial advisors are able to give you tailored and unbiased advice so you can rest assured knowing you’re getting the best results.

The average cost of care in the UK at the moment is approximately $47,000 per year, that’s a lot of money and the majority of people wouldn’t be able to afford that. However, if you go through a proper retirement planning process then you will have a much more comfortable retirement and won’t have to worry too much about your financial situation throughout your later years.

Retirement planning can be quite an extensive process because there are many factors that you need to take into consideration. For example, you might want to take advantage of some pension plans (SIPP, Section 32, COMP, SASS), investments, or maybe even a buy-to-let property. There are an abundance of avenues available to you and your retirement plan can be completely tailored to your requirements, what you hope to achieve financially, and what level of risk you are willing to take on.

If you’re interested in setting up a retirement plan so you can be financially secure throughout your later years then contact us today at Assured Wealth and Estate Planning. We can connect you with a professional and knowledgeable Knutsford IFA so you can achieve your financial goals.

FINANCIAL PLANNING

If you have been thinking about getting your finances in order recently then you’d definitely benefit from professional and unbiased advice from a Knutsford Independent Financial Advisor (IFA). Here at Assured Wealth and Estate Planning, we can connect you with some of the top financial advisors in the area.

Your financial advisor will be able to help you with numerous aspects of your finances, there are many plans and documents that you can create in order to give you the best possible outcome with regards to your financial situation. A cash flow management plan is one of the most types of plans that can be created with the help of an Independent Financial Advisor.

A cash flow management plan will outline your financial situation up until your 100 years old (if you’re lucky enough to live that long!) so you can rest assured that it’s a long-lasting solution that will benefit you for the rest of your life.

Cash flow management plans are so beneficial because they take a wide range of factors into account. For example, your financial advisor will take these factors into account: increases and decreases in your income, unexpected expenses, deaths of family members, and many more.

Many people don’t utilize the services of an Independent Financial Advisor simply because they believe that they are expensive and generally reserved for the rich and wealthy, but this simply isn’t true. The services of a financial advisor are actually quite inexpensive, especially considering the amount of money that you’re going to save from their advice in the long run.

Cash flow management plans (and any other type of plans) are tailored to your lifestyle and overall financial situation, so you know that you are getting the best kind of advice and the best possible results. You don’t have to worry about getting a “one-size-fits-all” solution.

MORTGAGE ADVICE

For the vast majority of us, our homes will be the biggest purchase that we ever make, it’s also usually our biggest asset. Despite this, many people fail to utilize the services of an independent financial advisor when it comes to their mortgage; they believe that they’re just too expensive and are reserved for the rich and wealthy.

This isn’t necessarily true – financial advisors can be highly beneficial to you when it comes to your finances, especially your mortgage. It doesn’t matter if you’re on a low-income or if you’re a six-figure earner.

Since your home is probably going to be the biggest purchase that you’ll ever make, it only makes sense to get the right kind of advice when it comes to your mortgage. Here at Assured Wealth and Estate Planning, we can connect you with a professional and knowledgeable Knutsford Independent Financial Advisor (IFA) who can give you unbiased advice about your situation.

The UK mortgage market is constantly expanding and there are new deals and offers being brought out every year, this makes it even more important to get proper advice from a financial advisor.

When it comes to your mortgage, there are three key aspects that you’ll want to take into consideration. The three key aspects are:

Repayment or Interest Only? – Interest only might seem quite attractive if you are trying to keep your monthly repayments as low as possible. However, you won’t actually be paying of your debt, you’ll only be paying off your interest and will still have to pay the debt off at the end of the term.
Fixed Rate or Variable Rate? – Fixed rate is generally preferred by those people who want to be as secure as possible knowing exactly how much they are going to pay. Variable rate can be a bit of a gamble, but can be a gamble that pays off.
Duration of Mortgage – The duration of your mortgage is another factor that you should take into consideration. A longer term might mean lower monthly repayments, but it also means more interest to pay.

ESTATE PLANNING

Estate planning is extremely important yet there are still a large of number of people who don’t take it into consideration. The process is so important because if you don’t go through with the process then your estate and assets won’t be in your control when you’re no longer here.

Here at Assured Wealth and Estate Planning, we can connect you with a professional and well-trusted Knutsford Independent Financial Advisor (IFA) who can give you independent, tailored, and unbiased advice so you can rest assured that you’re getting the best possible outcome regarding your estate plans. It’s important that the process is done properly and in its entirety to ensure that your plans are valid.

If you decide not to go through with the estate planning process then your estate and assets will go to the government when you are no longer around. If you do go through with the estate planning process however, you’ll be able to properly distribute your estate and assets to your most loved friends and family members.

You can nominate your most trusted friends and family members to carry out your will after you are gone. In addition to this, if you plan to leave some of your assets to young children under the age of 18 then you can also appoint guardians to look after the assets until the children become adults.

As you can see, estate planning isn’t as basic as many people think and there are a range of different options that you can go with in order to get the best possible outcome. If you have quite a large estate and are worried about the amount of inheritance tax that will be payable then you and your Knutsford IFA can discuss this and work together in order to reduce the inheritance tax as much as possible.