One of the best ways to learn is to learn from others and that certainly helps when you’re trying to find the ideal amount to save for retirement. The good news is you don’t need to poll folks at your nearest retirement community.
We’ve done the legwork and found that on average people in Norwich usually:
Pension pot calculators can be reassuring when you’re trying to understand how to plan for retirement. But seeing that estimate doesn’t help you answer the key question: will your savings be enough to last? We’re living longer than ever in the UK - and that means budgeting for a longer retirement.
Financial advisors have the expert knowledge you need to help you achieve a fulfilling retirement. They’ll help you understand your financial goals and build a solid plan, giving you peace of mind. And it all starts with a free, no-obligation consultation. Our handy service makes getting started easy and can connect you with an expert advisor in Norwich in seconds.
If you’re a Norwich homeowner, you’ll have much more than just your State Pension and personal pension to rely on. Retirees looking for extra income often choose to downsize to smaller properties. If you’d rather stay in your current home, equity release could be an option to free up cash. That could be the extra income you need for that dream cruise or a more comfortable lifestyle.
The average Norwich house price is £272,348 according to Rightmove, up 10% since 2020. As more people seek Norwich’s mix of heritage, city buzz and countryside charm, this could be a good time to speak to your advisor about equity release.
Working with a financial advisor could help you feel more confident about your options. They’ll help you identify your options and weigh each one to help you build a solid roadmap to a worry-free retirement.
If only the best will do, then The Golden Triangle may be the ideal place for you. Dubbed Norwich’s Notting Hill, it’s no surprise that it’s home to many of Norfolk’s top schools. But while it’s an obvious hit with families, it’s an attractive retirement spot too. The city’s amenities are well within reach and you’re never short of entertainment with summer festivals, cosy pubs and three parks to enjoy.
For somewhere closer to Norwich, this village is perfect for retirees that want a mix of country and city living. Wander historic Catton Park’s woodland and wild flower meadow. And if you’re a bookworm, you’ll not want to miss a trip to Spixworth Road. There you’ll find the house where Anna Sewell wrote the classic Black Beauty.
You should start planning for retirement as early as possible. Even if you’re months or years away, you could benefit from speaking to a professional. They can do much of the heavy lifting, breaking down complex products and options into plain English.
Most of all, they’ll help you get on the right track. By reviewing your current position and where you want to be in the future, they’ll support you to achieve your goals. Whether that means starting your own business or living more comfortably, financial advice could be the answer. It all starts with a free 60-minute no-obligation consultation.
We’re here to help you take the next step towards a better future. Our free service helps you connect with an expert in a few clicks. Simply tell us what type of advice you’re looking for and we’ll match you with an expert and arrange your free consultation.
It really is that simple. Click the link below to get started planning your ideal retirement.
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.