How does Later Life Planning benefit you?
In the UK, people continue to live longer and age-related illnesses such as dementia are on the increase. All of this makes your finances in later life even harder to predict. For example, your pension pot may not be adequate if you live beyond a certain age and you may at some point need long-term care. Later Life planning helps you to be more flexible to meet changing financial needs in later life. Without the right plans in place, the costs you incur in later life could impact significantly on yourself and your relatives.
We can work with you – and where appropriate your relatives – to understand your circumstances. We will help you figure out the costs you need to consider in later life, as well as those that may occur along the way. We’ll then explain in very simple terms how best to plan to help you meet those financial needs.
We offer advice on later life planning alongside more standard investments such as investments, retirement planning and life insurance. Due to the increase in life expectancy in the UK, we are now seeing more demand for specific advice on later life financial planning.
Why should you deal with JM Glendinning for Later Life Planning?
We’re an independent family business, established in 1987 and regulated by the FCA (Financial Conduct Authority). What’s more, our adviser – Andrew Pyrah – is a member of SOLLA (Society of Later Life Advisers) – a specialist accreditation body for financial advisers with specific knowledge of financial needs in later life. Our Later Life Planning service spans Equity Release, Long-Term Care Insurance and Prepaid Funeral Plans.