Like many women approaching retirement, Betty wanted a financial plan that she understood and would take her through her twilight years in confidence.
She was tired of seeing low returns from her pension plans and couldn't see how they would sustain her retirement going forward.
Her five disjointed pensions were with different companies, all of which had different investment strategies, retirement timelines and charging arrangements.
And she was tired of not being clear on where they all invested, what she was due to be paid, and at what points in time.
What she had was not working and she was worried.
She didn't know where to turn or who to approach.
Thankfully, that's not where her story ends.
Betty is a client of mine, which is why I'm sharing her remarkable turnaround story with you.
Although she is now a glowing example of what can be achieved, when I first met her, things were very different.
Having some experience in financial services having worked as a Finance Director for an insurance broker, she used to dedicate time each year trying to work out how much she should be holding in fixed income investments, how that should have been balanced with equity funds, whether she should stay with her current pension providers, or move everything to a financial network.
You name it, she'd done it.
She also talked to her existing financial adviser, an appointed representative within a large financial network... who could only offer a range of in-house solutions.
Nothing she had done had given her clarity, or confidence, in her retirement plan. At best, she was temporarily assured by her existing adviser, but then nothing changed.
She felt like her financial future was in doubt.
So, after fighting this retirement battle and taking two steps forward and one step back, for far too long, she finally realised something.
She couldn't leave things as they were, because what she had wasn't working.
And her existing adviser shifting a few funds around here and there over the years hadn't solved the problem either.
She certainly couldn't see following advice from the financial press working if she wanted proper support and an ongoing relationship with an adviser that instilled confidence.
So she committed to figuring this out once and for all.That's when she came across my book, and subsequently made direct contact with me.
We started working together and I immediately had her follow the proprietary method I had been using successfully with my clients to help them go from the same disjointed pension nightmare towards a bulletproof retirement.
And the rest, as they say, is history.
Following my unique approach, The EVEST X RAY ANALYSIS™, Betty was finally able to get rid of the chaos of her disjointed pensions, along with a couple of other investments and an ISA, and consolidate her arrangements into one online account, with low fees and higher expected returns.
Naturally, she was surprised by the results.Betty now has complete clarity over her arrangements and we mapped out a plan to help her secure a bulletproof retirement.
Working together, we identified the cost of her ideal lifestyle...We created a financial plan to see that she maintains that lifestyle throughout her twilight years..
And the plan is set up such that she can live her dreams, avoid excess fees along the way, and ultimately secure her legacy for her loved ones.
Betty is just one of hundreds of clients I've helped with this same process over the last 20 years, ever since I left Barclays in 2003 and set up my own private office.
I'm in no way promising you these same results, but if you're interested in the FASTER and SMARTER path to a retirement without compromise, I invite you to watch my online training where I show you exactly how my clients have achieved lasting results following this unique process.
Inside I'll share...
- How avoiding 3 common mistakes, when transitioning into retirement, can be the difference between enjoying a lifestyle without compromise, or running out of money as the twilight years pass by.
- Having too much of a pension or investments allocated to fixed-income investments could see funds run dry, having lagged behind the rate of inflation.
- And if relying on an adviser who runs with actively managed investments, or one who is attached to an expensive financial network, there may be trouble ahead, due to excessive costs pulling fund growth downwards.
And more!
Watch my masterclass here. There is a book-a-non-cost-consultation link within the presentation if you'd like to take things further and talk with me directly.
Originally Penned on 3 May 2024
Martin Wilcocks Bulletproof Retirement and Wilcocks & Wilcocks are trading styles of Wilcocks & Associates Ltd, a company registered in England and Wales (No. 06805421). Authorised by the Financial Conduct Authority (FCA) and entered on the Financial Services Register (No. 501064) to conduct investment advisory business. Past performance is not indicative of future results. The value of your investment may go down as well as up. Information provided in presentations is for information and educational purposes only and should not be construed as personalised investment advice. Such advice is available following a complimentary consultation.
