If you are looking for independent pension drawdown advice then contact Rockwood Financial Solutions.
At Rockwood, pensions are our passion. Everybody’s financial situation is unique and there is no one size fits all approach. When it comes to pension drawdown advice, we take our time to understand your individual circumstances so that we can offer tailored advice to suit your needs.
Pension drawdown isn’t the only option. There are many benefits to accessing your pension in this way but you need to be sure that this is the right solution for you. We help you make informed decisions about your pensions and your retirement.
If you do decide that pension drawdown is right for you, then you need to plan carefully how much you will take each year. If you are still earning a salary then drawing too much can push you into a higher tax bracket.
Drawing on your pension too soon or taking too high amounts can leave you short in later life. After all, you don’t know how long your retirement will be so you need to plan wisely.
There are risks involved with pension drawdown. Any money that you don’t take as a lump sum is invested and this is usually in stocks and shares. Although your pension could increase in value over the years, it could also decrease or increase at a slower rate than predicted. You need to be aware of the risk and how you can prepare for this.
Speaking to a Rockwood adviser will help you make the right decisions and prepare for life’s unexpected twists and turns. We can help you plan for what you need now and what you want in the future. Should your circumstances suddenly change, we help you adapt your plans and ensure that your money works for you.
Contact the friendly team at Rockwood today for professional, accurate and independent pension drawdown advice.