Many entrepreneurs never really retire at all. There’s no need to slow down just because you’re getting older, but you might want to shift your focus. You could see the world, pursue a new hobby, or become an angel investor. But how will you fund your new lifestyle? Most of us underestimate the income we need to do the things we
want. Start your retirement financial planning now so you’re one step ahead.
Questions to ask yourself
When you’re planning for a new stage in your life, it’s a good idea to start early, but there’s a lot to consider. First, ask yourself these three important questions:
If you’ve built a successful career and you’re keen to stay busy, retirement can be about fulfilling your dreams or giving something back. Think about what makes you happiest. How do you want to spend your time? How could you focus more on the things and the people you care about?
Have I thought
Average life expectancy in developed countries is now above 75. By 2040, it is expected to reach 86 for women, 82 for men**. We’re all different, of course, so your retirement fund needs to reflect both: your life expectancy and the possibility that you will need healthcare.
How will I pass on
It can be hard to find the right balance between enjoying your wealth now and setting some aside to pass on to your loved ones. What will your legacy be? How will you make sure wealth transfer happens in the way you want?
How can wealth management help?
Very simply, we help you put a plan in place for the future. Think of it like a buffer that cushions any financial shocks and helps you stay on track to meet your goals.
Great investment advice doesn’t exist in a vacuum. Our service takes into account all your financial needs, from wealth planning to investing to banking. We call this your total wealth solution.
We’d like to meet you
Come and see us so we can start working towards your future.
*UBS Investor Watch (UK) – Q2 2016
**Trends in life expectancy, German Federal Statistical Office, 2016
*** Wealth X - Family Wealth Transfers Report 2015