When John turned 60, he was hit by a sobering thought — retirement was no longer a distant milestone. It was just six years away. That realisation prompted him to seek expert financial advice, and it made all the difference.
“I suddenly realised I only had 72 paydays left before my salary stopped. Until that point, I’d given almost no thought to my pension. Retirement always felt like a ‘later’ problem, something my future self would sort out.”
John, like many, had paid into pensions over the years. But he had never checked what income he could expect in retirement, or how long it might last. He assumed things would “work themselves out.”
Unfortunately, they hadn’t. After an initial review with a Chartered Financial Planner from Tees, it became clear that his pension pots wouldn’t support the retirement lifestyle he’d always pictured.
“Seeing it laid out in black and white was hard. But the adviser was clear, calm and practical. For the first time, I understood exactly where I stood and more importantly, what I could do about it.”
Using Tees’ cashflow planning tools, John was shown a simple breakdown of what income he could expect, how long it might last, and the shortfall he needed to address. Together, they mapped out a plan to restructure his savings and investments, boost his contributions where possible, and make full use of his tax allowances.
“The clarity was such a relief. I felt like I’d finally taken control.”
John’s story is not unique. Many people leave it late to think seriously about their pensions. But working with the right financial adviser, getting expert financial advice can make a huge difference even if you’re approaching retirement age.
How Tees can help you plan ahead
Whether you’re early in your career, heading towards retirement, or already drawing an income, our independent financial advisers can help you:
- Understand your current pension position.
- Set realistic retirement goals.
- Create a tax-efficient savings strategy.
- Maximise your investment opportunities.
- Make your retirement income last longer.
Our advisers are regulated by the Financial Conduct Authority, which means we’re accountable for all the advice we give. And because they work alongside our legal teams, we can also support you with estate planning, wills, and care fee strategies, all under one roof.
Start the conversation today
It’s never too early or too late to get expert financial advice. If you’d like a no-obligation chat with one of our specialists, we’re here to help. All financial services provided by Tees are regulated by the Financial Conduct Authority.
*Name changed to protect the privacy of our client
All financial services provided by Tees Wealth are regulated by the Financial Conduct Authority.
