Wondering how much money you’ll need in retirement is a scary thought. Not to worry - we’re here to help you answer that question.
We’ve done the research and found that people in Salisbury usually:
It’s all too easy to underestimate how much you’ll need for your future retirement. We’re living longer than ever in the UK, and failure to factor in potential care costs could mean your pension savings won’t cut it.
Getting financial advice today could help you build a roadmap to financial security in later life. Use our service to match with a local financial advisor in Salisbury and enjoy a free, no-obligation consultation. It’s your opportunity to ask questions about retirement, discover your options and find out how your advisor can support you.
Financing your retirement goes beyond your pension. When you work with an advisor, they’ll help you determine what you’d like to achieve in retirement. They’ll also help you gain perspective on your financial situation and consider other ways to find retirement income.
Many people don’t realise that their own homes can become sources of extra income. That unused extra bedroom can help you earn rental income if you don't mind taking in a lodger. And, if you’re over 55 and are a homeowner, you may be eligible to free up cash with equity release.
According to Rightmove, the average house price in Salisbury is £327,578. This figure is up 11% from 2020 and could rise further as housing demand grows. With this in mind, it could be a good time to speak to your advisor about equity release.
You’ll find plenty of country charm in this beautiful village. As Nadder Valley’s largest village, Tisbury offers plenty of amenities. Head to the high street’s indie shops, butcher and deli. Or visit the arts centre that’s been converted from a Grade I listed tithe barn. And when you need big-city entertainment, you can get a direct train to London to catch the latest show.
The village lies about 13km west of Salisbury, in the Cranborne Chase and West Wiltshire Downs. It sits within an Area of Outstanding Beauty, so it’s not uncommon to see hikers making their way through the village. Broad Chalke also has a thriving community. In fact, URC Chapel houses one of the UK’s best village shops, as well as a post office and cafe.
No matter if you’re five or 10 years away from retirement, it’s essential that you understand all your options before making a big financial decision. Speaking to an expert pension advisor can help you gain the support and insight you need to make an informed decision.
We understand that with so many financial advisors in Salisbury to choose from, making a choice can seem daunting. That’s why we’ve designed our service to take the pressure off. Simply tell us about yourself and the advice you’d like, and we’ll find an expert in your area.
You’ll also receive an invitation to a free consultation where you can chat about your goals with your expert. There’s no pressure to take their advice, and you’re free to ask questions about their service and learn more about your options. What have you got to lose? Click the link below to connect to your local expert now!
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.