How to retire (if you want to)

For business leaders, retirement is rarely about stopping work — it’s about changing pace, focus, and managing dwindling energy levels more effectively.  

Even so, many business leaders don’t ever truly retire.  And for those that do, their version of retirement looks very different to the “normal” person.


So how do you plan to retire, when the idea of retirement itself is so alien? 


How also do you plan to maintain your lifestyle in retirement, particularly when you have a high cost of living?  


For some, it’s a straightforward question with a straightforward answer – a very large pension.  

But how feasible is it to build a very large pension, given the annual maximum contribution limit of £60,000?  And that’s without the impact of pension contribution tapering rules for high earners.   
 

For many others, building a retirement pot will involve a pension strategy and another investment strategy, whether it be commercial and residential property portfolios or a stocks and share portfolio.  

Or they simply continue to rely on having a single large asset – their business.  

Contact us if you would like to know about:

●    Pension structures and options, including recent changes to inheritance tax on pensions.

●    Tax efficient investment structures outside pensions

●    Semi-retirement opportunities such as Non-Executive Directorships and Consultancy roles.
 

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