Increasing Income in Retirement
Whether you’re just coming up to retirement or already retired, there may be ways of making what you have go further.
Annuities and Retirement Options
When you reach retirement you want to make sure that the money you’ve saved over the years gets the best possible income. It is an alarming fact that when the time comes to take their pensions some 60% of people could be losing out on higher income, by simply accepting whatever their pension provider offers. Shopping around for the best deal can make a big difference to your income for life.
But it is not only about getting the highest rate – it’s also about getting the type of annuity that’s right for you. We’ll also take the time to make sure that you get an annuity that best meets your needs, and that you don’t pay for features you don’t need.
If you’re a smoker, taking prescription medicines or have certain medical conditions, rates can be even higher. Enhanced annuity rates can mean an even higher pension.
We’ll also look at other retirement income options, including investment linked annuities, income drawdown, phased retirement and the new breed of mid-way products that offer some of the certainty of an annuity coupled with some of the flexibility of income drawdown.
Mr D.
Extra Income from Savings
If you’re already retired and rely on savings income to top up your pension, you’ll be only too aware of the current low returns from savings.
There are a number of ways of boosting income either for the short or longer term and we’ll be happy to go through these with you, once we’ve discussed your situation and what you would like to achieve.
Email juniper@juniperpensions.co.uk or call 01903 237116 for more information.
We offer all potential new clients a free initial meeting, when we can discuss your requirements and give you an indication of how Juniper can help.