Clients may need their wealth to support several decades of Living, Lifestyle, Luxury and Legacy needs, while navigating market uncertainty, inflation and changing priorities.
These needs do not exist in isolation, and neither do the risks. Longevity can increase exposure to inflation and market movements. Poor returns early in retirement can affect how long a portfolio lasts. Client behaviour can also determine whether a carefully constructed plan works in real life.
Having enough money does not always give clients confidence to spend it. Fear of running out and uncertainty about the future can lead to underspending or decisions that take them away from their plan.
Developed with retirement coach Dan Haylett, The skill of spending in retirement gives advisers practical frameworks for better conversations, helping clients use their wealth with greater confidence.
We’ve been exploring retirement risks with IFA Magazine, Money Marketing and Citywire New Model Adviser, from practical guidance on the key risks to podcasts and articles challenging established retirement planning assumptions.
Contact us now and get expert support tailored to your clients’ retirement needs.
