A retirement plan for a changing working life
You may have built your retirement savings through several employers, years of commuting or a business of your own. When those savings sit in different places, it can be hard to see what they mean for your future. Everwealth helps you connect the pieces, with independent financial advice and home visits across Essex.
Plan beyond your pension
Your next chapter may involve more than retirement income. We consider ISAs, general investment accounts and investment bonds alongside your pensions, including how your wealth could support family. Explore investment advice and inheritance planning as parts of the same personal plan, with your own future needs kept firmly in view.
Neil Summers or Jordan Durrant takes time to understand what retirement means to you. It might be a complete change of pace, fewer working days or more freedom to support your family. We begin with those priorities, then consider the pensions and investments that could help support them.
Workplace pensions need individual attention
Essex has advanced manufacturing, financial services, distribution and other private sector employment. In and around Colchester and Braintree, a working life may include several local employers and commuting into Chelmsford or London. Your pension arrangements can differ significantly between roles, even when the paperwork looks similar.
We help you understand whether a pension is based on invested savings or a promised level of benefits. That distinction matters when considering retirement age, income options or a transfer. Valuable guarantees and protected benefits should not be overlooked simply because combining accounts seems easier.
When you have several pensions
Our pension advice focuses on invested defined contribution pots. Expected defined benefit income can be included in your wider financial plan, but we do not advise on transferring defined benefit pensions.
A pension review can establish what you hold, the charges you pay and the choices each scheme offers. Consolidation may make management simpler, but moving money can involve costs or losing benefits. Keeping separate pensions may sometimes be the better decision.
Defined benefit pensions can provide valuable guaranteed income. A transfer means giving up rights and should never be treated as a routine administrative step. Our starting point is to understand your existing arrangements rather than assume that they need to change.
Plan the transition into retirement
If you want to reduce your hours before stopping work, your income may come from employment and retirement savings at the same time. We consider the timing of withdrawals, available cash and other income against your household spending. Decisions taken in the first few years can affect what remains for later life.
An annuity provides income on agreed terms. Drawdown offers flexibility but leaves your pension invested, with the risk that markets fall or withdrawals exhaust the fund. We explain the choices and uncertainties in plain English, so you can make an informed decision.
Advice in your home
Home visits allow you to have your paperwork nearby and include a partner in the conversation if you wish. We offer advice across Essex without requiring a visit to a client facing office. Explore our approach in Colchester or Braintree.
Read more about pension and retirement planning and pension consolidation.
A clear first step
Your initial consultation is free. Any fees will be explained before a meeting takes place, and all meetings are without obligation. Book a free consultation or call 0345 257 5752.
Investments can fall as well as rise and you may get back less than you invest. Tax treatment depends on individual circumstances and may change.
Can we plan around two different retirement dates?
Yes. Partners may want to reduce work or retire at different times. We look at household spending and the income available during each stage, rather than assume both people stop earning together. It helps to bring statements for each person and discuss which costs and commitments you share.
This is general information, not personal financial advice.
Does advice cover an old employer pension?
A review can include pensions from earlier jobs as well as current arrangements. The first task is to identify the scheme and its benefits. We do not assume that an old account should be moved. Ask the administrator for current statements and official retirement estimates before making a decision.
This is general information, not personal financial advice.
If you are aged 50 or over and considering how to take money from a UK defined contribution pension, Pension Wise offers free, impartial guidance. Guidance does not replace personal financial advice.
The value of investments and any income from them can fall as well as rise and you may get back less than you invested.
Tax treatment depends on individual circumstances and may change in the future.