You have spent years accumulating your retirement fund. What is the best way to draw it down. Your retirement fund may consist of a collection of the following:
- Personal Pensions
- Company Pensions
- AVC
- Deferred pensions
- Paid up pensions
- Retirement Bonds
There is no right or wrong solution to retiring your fund. Only your solution. Everyone is different with a different set of needs, assets and objectives. We provide a bespoke solution to all of our clients to ensure that you receive the best solution for your specific situation, be it maximum tax free lump sum or highest possible life time pension. We utilise tax strategies to ensure that you receive the most from your pension pot. The Qifa Life Path is an ideal vehicle to plan for your retirement.
Qifa Life Path
The Qifa Life Path is a financial plan designed with you in mind. It is all about you and your future. We establish where you are now, where you want to get to and most importantly why and how you get there. We use the latest software technology and coupled this with our experience, education and use of tax strategies. It provides clarity and a clear path to achieve your life goals.
Risk Profiling
There are four elements to assessing your level of risk. These are:
- Attitude to risk
- Capacity to bear the loss
- Length of time you have to invest
- Your investment objective – what percentage of a return do you want or need.
We provide a comprehensive risk profiling exercise and clearly establish the level of risk you are comfortable with. This is done through a series of questions, we see this as our most important job as it dictates the potential returns or losses for each individual client.
Succession Planning
You may want to pass assets to someone. It is important that you understand the rules and the thresholds and you can avoid paying unnecessary tax. We have gained a lot of experience in this particular area. The best way to plan the successful transaction of your assets is to plan years in advance. The longer you can plan the better.
- Exit plan: Ownerships Goals & decision
- Estate Plan: Family goals & decision
- Business plan: Managed goals & decision
Sean Lynch, CFP, QFA, FLIA
Sean Lynch is the Pre & Post Retirement Planning expert at Qifa Financial Planners and has 30 years’ experience in financial services.
Make An Inquiry
Please complete the short form below and our Pre & Post Retirement Planning expert, Sean Lynch will contact you as soon as possible.
The Qifa Team would be happy to discuss any of our services with you. Contact Qifa today to discuss your requirements on 022 57444.