IFA Company – Financial advice
IFA Company – Financial advice – In this edition, The IFA Company’s Lucy McKinley talks about when and why people need financial advice.
People often tell me that they don’t need financial advice because they have no money. I say that there’s a lot more to my job than just telling people what to do with their money and everyone can benefit from financial advice. These are just three examples of where financial advice is invaluable:
Before you retire. Retiring and accessing pension policies requires decisions that have a lasting impact on your finances. When you add in the complication of multiple pension schemes with different rules offering different benefits, you have the basic recipe for a costly mistake! Using a financial advisor to plan your retirement means that you will be fully informed about your choices and the right option for you.
When you have something to plan for. Most people think that their financial plans are short term, like saving for the next holiday or the deposit on a house. But everyone has one financial goal whether they’re aware of it or not and that’s to enjoy a comfortable retirement. Using an advisor to establish an affordable financial plan will help you achieve your long-term financial goals.
If your finances feel overwhelming. There are lots of times in life when money can feel overwhelming, whether you have a little or a lot. The cost of living crisis has brought into focus how precarious many people’s finances are. We can offer practical advice on budgeting and how to avoid running up debts. We also advise clients who have happily manged their own money throughout their lives, but no longer feel able to cope thorugh a combination of age and ill health.
If you think you would benefit on help with any aspect of your finances, please get in touch to arrange a free meeting. You can call us on 01946 821150,
email [email protected]
visit www.ifaco.co.uk
