Average pension in Ipswich

Average pension in Ipswich

It’s a tough task for even the most financially organised person to predict how much money will be required for a comfortable retirement.

Of course, you can make calculations based on average costs of living and pension pots in your area, but there comes a time when the helping hand of a professional is in order. That’s why we’re here: to help you find the guidance you need to get your finances together.

In East England, the average cost of living stands at £26,789, while people there typically:

  • Have an average pension of £130,396
  • Have a life expectancy of 81 years
  • Should expect a pension shortfall of £17,366

If that helps you put your own plans into perspective, why not get in touch to discuss them with a qualified professional? We’ve connected many people in the area with financial advisors to discuss everything from their retirement plans to their tax allowances—and we can do the same for you.

Property market in Ipswich

The prospect of retirement makes many people consider their options when it comes to homeownership. Whether you own, rent or you’re on the lookout to move to a different area, it always helps to know how the property market is shaping up.

In the region of East England, the average house price comes in at £327,017, which represents an increase of 12.1% on the year before. Depending on your current circumstances, this could mean you’ve got a number of possibilities ahead of you.

From renting out part of your current home to moving to a cheaper home in a different area, there’s a whole host of topics you can discuss with a financial advisor in Ipswich. They’ll know the area well and be able to lean on their financial expertise to provide recommendations for the years ahead of you. Local financial guidance like this could be only a no-obligation phone call away.

Where do people in Ipswich retire to?

Financial advice in Ipswich, Suffolk

Suffolk Coast

Ipswich finds itself in the enviable situation of being right on the fringes of an Area of Outstanding Natural Beauty. Suffolk Coast and Heaths is a vast, 50-mile-long stretch of estuaries, farms, forests and beaches, so it’s villages like Orford and Aldeburgh that attract the attention of many a retiree looking to settle down.

Financial advice in Felixstowe, Ipswich


In the Deben and the Orwell, there are two rivers that form something of a coastal hug around the charming seaside town of Felixstowe. There are stunning Edwardian buildings, vibrant beach huts and even upcycled shipping containers to make Felixstowe feel like home, which is why it’s no surprise to see independent and artisan businesses flock there as much as retirees do.
Financial advice in Castle Hill, Ipswich

Castle Hill

For those who want to be in or around Ipswich itself, the area of Castle Hill to the north is just about right. It’s got a good blend of sizeable, comfortable and affordable housing, leisure facilities like the water park and nearby spa, and direct access to the town centre for those evening jaunts.

Why you should speak with an advisor

If you’ve been carefully managing your own finances for some time and you’re now ready to speak to a professional to make sure you’re heading in the right direction, you’ve come to the right place.

Sometimes, it takes an outside-in view to help you gain clarity on your financial future, so that’s precisely what we aim to provide by connecting you with the right advisor for your needs.

All we need to know is a little bit about you and the services you might require and we’ll do the rest to put you in touch with a financial advisor in Ipswich.

There’s no catch here either; if you want to go ahead, you’ll get the first consultation for free. It’s up to you what you do with the recommendations thereafter, of course. You might even get the financial clarity you need within the allotted phone call.

Click to Find a Financial Advisor in Ipswich


Do I Need a financial advisor Do I need a financial advisor

Do I need a financial advisor?

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

How much does an advisor cost How much does an advisor cost

How much does an advisor cost?

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.

How can I speak with my advisor? How can I speak with my advisor?

How can I speak with my advisor?

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.

Our Service Our Service

Is the advice one-off or ongoing?

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.