Monday, June 24, 2024

How to Transform Your Retirement

by PenLife Associates

by the experts at PenLife Associates

We can all agree that tax is just…taxing. See what we did there? No? Anyways, moving on. We’re going to let you in on some pretty shocking news. Yep, you still have to pay tax on your income from your pension after you’ve retired. Why? Who knows? You get taxed on countless things throughout your working life, so why should you get taxed again, when you’ve stopped working. It just baffles our minds. But then again, do we really expect anything else from the Government?

Imagine you’ve grafted a nine to five, five days a week. You’ve put aside and invested enough money to fund and fulfil your desired retirement. And when the time has finally come for you to put your feet up, a huge chunk of that cash is stolen before you’ve even managed to put your PJs on. And some people think that’s alright? Retirement is supposed to be your chance to live the life you’ve always wanted. Your chance to do the things you never could before. In the end, you want to ensure you can live your desired future lifestyle. You don’t want any additional stress through a huge tax bill on your front doorstep.

Yes approaching a new chapter in your life is scary, and change can be uncomfortable. But we can all agree that it shouldn’t be like that. Having a financial plan provides you with answers to your queries as well as a sense of hope and security.

Before her passing, Julie Wilson put her expert knowledge into her new book ‘Tax-Free Retirement’. This book simply explains how tax in retirement works, and the things you need to think about. It will also help you pay less tax, keep more cash, and completely transform your retirement. Oh yeah, Julie also predicted the National Insurance hike, so I wonder what else she’s predicted?

We know that managing your finances effectively leads to increased well-being and a better quality of life. And that’s exactly what we help our clients achieve. Hopefully, this book can help you get one step closer. Having everything completely under control, and knowing that you do, is priceless. If you’d like a FREE copy, use the cut out on this page, give us a call on 01904 661140, or email us at We hope this guide helps you take the initiative. Start your financial journey today.

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