Joslin Rhodes Pension & Retirement Planning on the Question: Can I Retire at 55
Joslin Rhodes Pension & Retirement Planning, a UK company, has recently released a blog post that offers advice to people on whether it is possible to retire at 55. The article points out that it is indeed possible to retire at 55 so that one may enjoy life while still young, healthy, and fit. In the UK, an individual need not wait until the state pension age to retire, as long as there is sufficient savings and pension pot to finance the individual’s desired retirement lifestyle. To determine whether one can retire at 55 or not, it is advisable to consult with a retirement planning expert. The mentioned article can be accessed at https://www.joslinrhodes.co.uk/retirement-planning/can-i-retire-at-55/.
A spokesperson for Joslin Rhodes Pension & Retirement Planning says, “It can be confusing trying to work out if you’ve enough to retire. There are so many variables such as life expectancy, lifestyle expectations and planning for the unexpected like ill health or residential care. There’s often also the confusion of having multiple pension schemes, which can make it hard to work out how big your pension pot actually is. It’s no wonder people often put off their retirement planning. At Joslin Rhodes Pension & Retirement Planning, we can help you untangle your retirement finances and plan for the retirement lifestyle you dream of.”
There are a number of factors to consider when considering the possibility of retiring at 55. These are: life expectancy; the cost of care; costs of having a comfortable retirement; whether one is ready to retire or not; and tax implications. Life expectancy has significantly increased, which means that people need to budget for more years. The cost of care is another important factor because it will determine if a particular individual would be able to pay for the care needed to be able to continue to live independently. And having a comfortable retirement also has to be considered. And, of course, the amount of tax to be paid when withdrawing from the pension fund. Those who are interested in learning more about Joslin Rhodes Pension, people can visit their Facebook page at https://www.facebook.com/JoslinRhodesFinancialPlanning/.
Finding out whether one can retire at the age of 55 is a complex task. At Joslin Rhodes Pension & Retirement Planning, they can help untangle an individual’s retirement finances and plan for the desired retirement lifestyle in the future. They offer help in three steps: life coaching, financial planning, and financial advice. In life coaching, they will find out what the individual really wants. In financial planning, they will assist the clients in finding out what they currently have, what they need, and what kind of retirement they can expect. In financial advice,
Founded in 2007, Joslin Rhodes Pension & Retirement Planning offers a team of pension and retirement planners who use lifestyle financial planning to find out exactly what their clients want from life. The initial meeting is no obligation with absolutely no pressure. They will ask a lot of questions and listen carefully to what clients are saying. And they will provide the client with all the time and space to decide if their service is actually appropriate for them. They will then explain carefully and clearly the various technical alternatives that are available and how their service can help. Joslin Rhodes Pension & Retirement Planning are authorised and regulated by the UK Financial Conduct Authority (FCA). They manage investments and funds long term and offer a protection service to make sure that financial assets are protected in the future, which includes trusts, wills, and power of attorney. They also collaborate with of the few pension transfer specialists in the area, who are regulated and qualified to provide advice on certain types of pension, which are sometimes called defined benefit or final salary schemes.
Those who are interested in learning more about the services offered by Joslin Rhodes Pension & Retirement Planning can check out their website at https://www.joslinrhodes.co.uk/, or contact them on the telephone. They are open from 9:00 am to 5:00 pm from Monday to Thursday, and from 10:00 am to 5:00 pm on Fridays.
For more information about Joslin Rhodes Pension & Retirement Planning, contact the company here:
Joslin Rhodes Pension & Retirement Planning
033 0133 3035
The Planning Rooms Wellington Court, Stockton-on-Tees TS18 3TA, United Kingdom