Janet: Am I looking after my money in the best way?
The Challenges Janet Brought To Me
- Janet had just come out of an acrimonious divorce, and was living with her new partner
- Each of them had children from their first marriages
- She had no idea whether their existing pensions and investments were suitable for their circumstances
- What she wanted to know was, “Are we looking after our money in the best way?”
- “And if not, what should we do?”
What Janet Wanted Most:
- She wanted peace of mind that the remaining partner and children would be adequately provided for if one were to die or be unable to work
- She wanted confidence that their existing pensions and investment plans would allow them to retire at their chosen age
- And that they could afford to lead the life they wanted in retirement.
The Steps We Took Together
- We recommended insurance policies to address the financial problems should either of them die or suffer illness.
- We made recommendations for the pensions and investments to bring them into line with what they wanted to achieve
- We calculated how much they needed to pay into their pensions to achieve the income they wanted at retirement
The Results For Janet
- “I now have peace of mind the family is provided for in a worst case scenario”
- “I know we are now working towards a financial plan that will allow us to enjoy retirement”