Is your money supporting the retirement you worked so hard to achieve?
For many people, retirement is about enjoying greater freedom, spending time with family, travelling and making the most of life. At the same time, it’s important to ensure your wealth continues to support your lifestyle while providing security for the years ahead.
A regular financial review can help make sure your plans remain aligned with your goals as circumstances change.
What does good financial health really mean?
Financial health is about feeling confident that your money is working for you. That means understanding where you are today, knowing what you’re working towards and making informed decisions that support your goals.
Research1 found that 62% of UK adults have financial worries, while almost eight in ten of those say those concerns affect their mental wellbeing. Many also report disrupted sleep and increased stress. It’s a reminder that financial wellbeing and overall wellbeing are inextricably linked.
When did you last review your finances?
Just as we book health checks or dental appointments, our finances benefit from regular reviews too.
It could be the ideal time to ask yourself:
- Is my retirement income still meeting my needs?
- Are my investments keeping pace with inflation?
- Am I withdrawing money sustainably?
- Have my wishes for passing on wealth changed?
- Is my financial plan still aligned with the lifestyle I want?
Is financial jargon holding you back?
Money shouldn’t feel complicated. Yet research2 shows that half of UK adults say financial jargon discourages them from investing or doing more with their money, while more than two-thirds say they’d like their money to work harder but aren’t always sure where to begin. Financial planning shouldn’t leave you feeling overwhelmed. Good advice explains complex issues in straightforward language, helping you understand your options and make decisions with confidence.
Why does professional advice matter?
There’s no shortage of financial information online, from social media and podcasts to AI-powered tools. They can’t replace advice that’s tailored to your personal circumstances. Financial advice remains just as valuable in retirement as it was while building your wealth.
Whether you’re reviewing retirement income, planning gifts to family, considering inheritance planning or simply wanting reassurance that your finances remain on track, professional advice provides clarity and confidence.
Could this be your financial reset?
Financial Awareness Day is a reminder that good financial planning doesn’t stop when you retire.
Whether you’re enjoying retirement, supporting your family or thinking about the legacy you’d like to leave, your Finli planner can help ensure your wealth continues to work for you and the people who matter most.
1SPW, 2Zopa
The value of investments can go down as well as up, and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.
