YOUR WEALTH IN RETIREMENT
Retirement planning is about putting a plan in place to ensure you do not run out of money in retirement.A pension is a retirement planning tool to achieve this goal. A pension stripped down is essentially a Retirement Savings account.The more you save over your working lifetime the more money you will have to live on in retirement. Thankfully pensions are very tax efficient as we get generous tax relief on money saved in a pension.
Both income and growth within a pension fund are completely tax free and the compounding effect of tax free growth over time are very powerful.
We at WealthPlan have expertise on all the types of pension schemes including Defined benefit, Defined contribution, Personal and Executive Company Pension plans, Buy Out Bonds and PRSA’s and are here to help you with any queries you may have.