For anyone who does not have an occupational pension, it is vital they make their own pension contributions. When selecting a retirement plan, it is important to look at a number of key factors:
- Tax efficiency
- Security and Investment protection
- Investment choice
- Investment returns
Credi Corp Securities retirement planning specialists can help you choose from the full spectrum of both offshore and onshore retirement plans to help you find the best one for you.
Frozen Pensions
In the modern work environment people will tend to move across many different employers. As a result most people will tend to have more than one pension. These pensions that are not being contributed to are referred to as frozen pensions. Often these pensions suffer from poor returns and a lack of transparency. Our retirement planning specialists can help you simplify your pensions and maximise your returns to give you the best possible income in retirement.
In the modern work environment people will tend to move across many different employers. As a result most people will tend to have more than one pension. These pensions that are not being contributed to are referred to as frozen pensions. Often these pensions suffer from poor returns and a lack of transparency. Our retirement planning specialists can help you simplify your pensions and maximise your returns to give you the best possible income in retirement.
Annuities
Annuities provide a guaranteed income for life. There are many annuities to choose from. Credi Corp Securities can search across the full range of life offices to offer you access to the best income in old age.
Annuities provide a guaranteed income for life. There are many annuities to choose from. Credi Corp Securities can search across the full range of life offices to offer you access to the best income in old age.
State PensionThe basic state pension should be seen as the foundation for any good retirement plan. This can be maintained even for expatriates who do not intend to return to their home country. Our retirement planning specialists can help you by running a free pension assessment to give you a better idea of your future entitlement, as well as suggestions on how to improve your income in retirement.
It's never too soon or too late to begin saving for your retirement. Obviously sooner is better because your money has the opportunity to benefit from compounding and has a chance to rebound from market setbacks. How do you create a plan that optimizes the funds you have to invest and balances that with your potential long-term needs?
Talk to your Credi Corp Securities financial advisor to learn: What you are currently invested in and how you can optimize those investments. People can change jobs many times over the course of their career and often leave behind retirement plans with former employers. Your Credi Corp Securities advisor can assist you in "gathering" your plans and/or reviewing your current plan and recommending a strategy to help you get those investment dollars working.
How to start contributing today. Even small investments of $100 or less per month add up over time. Investing a little money is better than not investing any. Reviewing your current budget and identifying ways to reduce expenses will help determine how much money you can afford to invest monthly into your retirement account.
How major life changes can impact your financial strategy. Marriage, divorce, the birth of children, death and inheritance can drastically effect how much you can afford to save for retirement. Discuss any major life changes with your Credi Corp Securities financial advisor so he or she can review your current investment strategy and recommend changes if needed.
Why you should create an estate plan. It is a common misperception that estate planning is only for the wealthy when in fact estate planning can be for everyone. Your Credi Corp Securities advisor can assist you in creating a plan that will help you provide for loved ones in the event of your death or if you become disabled.
If you need to adjust your retirement plan. You should discuss your retirement plan annually with your Credi Corp Securities advisor. As you near retirement age it is even more important to maintain close communication with your advisor.
Speak with your Credi Corp Securities financial advisor to discuss your retirement goals and determine which investment product makes the most sense for you.
At Credi Corp Securities, we have adopted a process that relies heavily on client input and participation in all phases of the retirement planning process. Although it is a systematic approach, it is also tailored to each client's requirements. Through a series of planned steps, we work with each client to define major life goals, prioritize them and test them under various market scenarios. We then build to a recommendation based upon ideal vs. acceptable goals and risk tolerance. Many retirement programs stop here. Ours continues to full implementation of the plan and periodic monitoring of its progress. Finally, we stay mindful of new goals or priorities that may cause alterations of the original program.
We believe that retirement planning must be an ongoing process, not a glossy report that sits on a bookshelf. Only in this way can we provide the best likelihood of providing a retirement that is as free as possible from needless financial concerns.
