Who we help
Approaching and In Retirement
At Magenta we help clients to build plans for their future security and happiness and this includes thinking about your retirement. In particular, we’ll encourage you to think about how you are going to arrange your retirement finances to ensure that you can do everything you would like to do with all that free time.
Thinking about retirement can be an exciting, but also a daunting prospect, no matter what stage of life you’re at. When it’s suddenly only a year or two away, it can seem even more overwhelming.
There are so many things to consider and decisions to make, and so many unknowns that might affect your decisions in the future.
You might be worried about how much money you’ll have. This might mean that you hold back on the things you enjoy such as holidays, exploring new hobbies and seeing friends.
We’ll ask you what you’re hoping to achieve, look at your current financial circumstances, explain your options clearly and create a plan that enables you to feel in control of your future and inspired about your retirement.
Retirement isn’t all about pensions – it’s about using all your resources to best effect and creating a tax efficient income stream that will mean that you can enjoy your life and not worry about your money.
But pensions are complex financial arrangements with so many different options leading to different consequences – no wonder many people find them incomprehensible!
Don’t worry, we are here to help de-mystify, clarify and simplify to make retirement as comfortable and worry free as possible so it is something you can get excited about.
Business owners and busy people
Running a business is challenging at the best of times. There are so many demands on your time and a never-ending stream of new challenges. One way to relieve the pressure is to make sure your finances are robust.
You might be worried that you’re paying too much tax and if you’re taking your income in the most effective way. You might be wondering how to ensure continuity if anything disastrous were to happen.
You might also be thinking about the best time to retire and how you will release your value in the business. As a high earner, your retirement might involve a little more planning.
We’ll remind you why you are in business – (to provide a great lifestyle for yourself and your family) and help you to determine how much you need to earn to maintain this.
We’ll support you in all areas of financial planning so that you can relax knowing that you are getting the most out of your working endeavours to fulfil your personal ambitions.
We’ll bring structure and clarity to your position so you can see how your wealth can be optimised and help you to decide on the best options when you are ready to stop working.
Together we’ll create a clear and straightforward financial plan that puts you in control of both your business and personal life.
Going through a major life change
Going through a major life change such as divorce, bereavement or a change in career can be stressful and disorientating because there’s so much to consider.
If you’re going through a divorce, you might be worried about how to reach a settlement with your partner so you have enough money to build a new life.
If you’ve been bereaved, you may feel overwhelmed and unable to make clear decisions about how to deal with your ongoing finances.
If you have had a windfall or inheritance, you may feel a sense of responsibility and confusion as to what to do with it.
Or perhaps you’re planning a year off or a career change but you’re wondering how you can make it happen and how it will impact on your finances.
In our experience it’s at these times in our lives that specialist support is most valuable.
But we don’t just guide you financially. We’ll provide empathy and understanding and help you with whatever you’re going through. We’ll help you to explore what you really want from life so that you feel confident, in control and inspired about your life and financial future.