Early Retirement Plan Tips - McCarthhill Family Office - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Early Retirement Plan Tips - McCarthhill Family Office

Description:

Are you plan your retirement early? Check out the important steps before taking your decision. Contact McCarthy Hill Family Office, they plan your retirement in better way. Visit us at – PowerPoint PPT presentation

Number of Views:15
Slides: 13
Provided by: mccarthyfamily
Category:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Early Retirement Plan Tips - McCarthhill Family Office


1
Retirement Planning Tips
  • BY McCarthy Hill Family Office

2
Importance
  • Retirement is known to be a complicated thing as
    it makes you worry about finances. These worries
    can fly away if you plan your retirement
    beforehand.Lets discuss some essential tips
    that can help you in securing your future after
    retirement. 

3
Analyse your financial situation
  • Firstly, make a list of your liabilities, assets,
    expenses and incomes. Here, the retirement
    planner can be your helping hand.
  • After retirement, some will remain the same while
    others show some increase, like travel and
    vacation cost. You just need a fool proof
    retirement plan.

4
Find out what you want
  • When retirement is in your mind, confusion will
    also come hand in hand. So, it is better to
    create a list of things that you want to involve
    in your lifestyle. Dont skip anything.
  • Contact the professionals that assist you in
    setting up your plan and track the things
    accurately. By this, you not only save money but
    enjoy life at the fullest without any stress.

5
Proper planning for cash flow
  • The current value is considered to be significant
    in your planning. Cash flow is the amount that
    you required presently to plan and further save
    for the future. It is advisable to work with
    professional advisors that prepare you for your
    retirement.

6
Creating the budget
  • Well, it is quite impossible to do retirement
    planning if you dont have appropriate budgeting
    in place. Budget is known to be a crucial part of
    any cash flow.
  • It is known to be an essential analysis for
    determining the exact amount of cash a person
    needs to maintain their lifestyle. Once you put a
    budget in place, everything will go smoothly.

7
Do you have an emergency fund?
  • Unwanted financial crisis can happen any time,
    and for some, it is challenging to cope with the
    situation.
  • Hence, it is always better to save some money for
    such scenarios. You never know when an emergency
    knocks on your door.

8
Risk management
  • Most of the people overlook one of the important
    tools at the time of retirement planning - Risk
    Management. Basically, they focus on saving their
    hard-earned money and forget about risk
    management.
  • Risk management is generally related to house
    insurance, car insurance, health insurance, long
    and short-term liability. Therefore, it is
    suggested to make some policies and monitor or
    update them regularly.

9
What about the taxes?
  • Well-strategised tax planning is an asset for
    retired people. It requires lots of planning
    related to analysing the funds.
  • In simple terms, it will allow you to maintain
    your lifestyle by making minor changes. It is
    essential to combine it with other kinds of
    aspects.

10
Is it better to save or invest?
  • There is nothing to stress about even if you
    start late. The key to success is a positive
    outlook and keeping a better understanding. If
    you have a good investment on your side, the
    chances are there that you can upgrade your
    standard of living.
  • There are lots of ways to do so. Either you can
    take help from your advisor or surf the internet
    for detailed guidance.

11
Contact Us
  • McCarthy Hill Family Office
  • Address 185 Broadway, Derby DE22 1BP, UK
  • Phone No. 07843 062113
  • Email gavin_at_mccarthyhillfamilyoffice.co.uk
  • Website https//www.mccarthyhillfamilyoffice.co.u
    k/

12
(No Transcript)
About PowerShow.com