It’s common to feel confused when it comes to thinking about how much you’ll need in retirement. But, rest assured that we’ll help you get the answers you need.
We’ve done our research and found that on average, people in Galashiels usually:
It can be stressful worrying whether you’ll have enough saved for retirement. Planning ahead can help you find peace of mind that you’ll have enough in your pension pot to live a comfy lifestyle.
Getting personalised advice from a financial advisor can help. An advisor’s job is to help you get more from your investments and savings. They’ll review your current situation, help you explore your options and form a solid plan to meet your financial goals.
If you think this could work for you, we can help. We can match you to a local advisor in your area for free and arrange a free consultation for you. This is a helpful session where you can get to know your advisor, their services and whether advice can help. Best of all, you’re in control, with no obligation to take advice.
A home is a huge investment. And if you’re a Galashiels homeowner, it may also help boost the income you receive from your State Pension and private pension.
You may be wondering whether your family home will suit your retirement lifestyle. It could be time to downsize to a smaller, but no less perfect forever home. But if you’d like to keep on living in the home you’ve built countless memories in, there are many possibilities. Some homeowners choose to rent out a spare bedroom to a lodger. And if you’re eligible, equity release could help you free up cash to spend on home improvements, travel and more.
According to Rightmove, the average Galashiels house price is £145,733 and this figure has increased 7% in the past year. As housing demand grows, you could see a potential for a bigger profit, making this a good time to speak to an advisor about your retirement options.
This coastal town is about an hour and a half away from Newcastle and is perfect for those looking for a relaxing retirement. There’s plenty to keep you busy in Eyemouth. While away the afternoon at the beach before enjoying the freshest seafood around at the award-winning bistro, Oblo. Learn about the life of a fisherman at Eyemouth Museum or perfect your swing at the golf course.
This sought after retirement spot boasts stunning views of the Eildon Hills, an area rumoured to be the burial place of King Arthur. Melrose’s rich history doesn’t stop there. Stroll around the 12th century ruins of Melrose Abbey and learn about Roman life at the Trimontium Museum. Sports fans will also not want to miss the Melrose Sevens, the oldest rugby tournament in the world since 1883.
The State Pension can only get you so far, so it’s up to you to ensure that your pension contributions help you afford your ideal retirement. But how do you know what’s right for you and your needs?
Working with an advisor could help you find the answers to your retirement planning questions and build a plan to achieve your goals. We’ll help you take the first step by matching you with the advisor with the right expertise for your needs. Let us know what type of advice you’re looking for and we’ll take care of the rest.
We’ll connect you with an expert who’ll invite you to a free consultation. This no-obligation session is a chance to get to know your expert and their services to help you decide if advice is the right choice for you.
And if you’re unhappy with your advisor for any reason, tell us. We’ll connect you with another one, no questions asked. Get started now in seconds by clicking on the link below.
A financial advisor can offer valuable insight and expertise on a wide range of common financial concerns.
Key situations in which a financial advisor is likely to be valuable include:
Exploring your options during key life events such as retirement
Comparing quotes for pensions or insurance products
Investing large sums of money
Inheritance tax planning and intelligent saving
The cost of using a financial advisor can vary depending on your needs. You may be able to resolve your issues in a single consultation, or you may benefit from a more long-term collaboration.
At Local Financial Advice we're dedicated to providing a transparent and cost-effective experience for all customers:
Free, no-obligation initial consultation - Discuss your issues in detail and make a decision about whether you’d like to proceed before making any commitment.
Total transparency - Any costs associated with purchasing any product or service from your financial advisor will be broken down in detail.
Many of the advisors we work with are flexible with how they can meet with you.
Your advisor will often try to first get in touch with you by phone to talk about the kind of advice you need.
If you decide to continue with their advice, advisors can meet you face-to-face. You can discuss any safety precautions the advisor should take if you arrange for them to visit your home.
Throughout your time speaking with your advisor, you may receive emails from them. These will often simply be to confirm your information or the details of future meetings you book with them.
The type of advice you need depends on your circumstances.
We encourage everyone we connect with an advisor to discuss their financial needs in detail so they can receive the right amount of advice.
You may only need one-off advice if you need help choosing a long-term product to support your retirement, such as an annuity.
If you need flexibility with your money, you may prefer ongoing advice from your advisor with you speaking every six months or year to see how your money is performing.
Whatever help you need, your advisor will clearly lay out the costs involved. These can be one-off costs or recurring, such as a fund management fee.