Retirement Income

We remind our clients that retirement income can, and should be, generated from a number of different sources.  Clearly, Pension Funds remain a primary source of income in retirement but we positively encourage our clients to build up portfolios of tax-free PEPs and ISAs because they can be used to provide a level of withdrawals when required which are totally free of Income Tax and Capital Gains Tax.

Some clients use a downsizing of property after retirement as a means of releasing additional capital to be invested to provide extra income in retirement.

For other clients we are happy to advise on how the required levels of income, or withdrawals, can be made from their existing investment portfolios, but always keeping our clients aware as to whether their overall objectives are the provision of a sufficient level of income, or the preservation of  capital.  An area of debate rich with compromise!