Protection

Protect your family and your lifestyle in case of the unexpected

Mortgages

Looking to move home or reduce your current mortgage outlay?

Retirement Planning

We can help you plan by ensuring you have the best pension scheme possible now and at retirement

Investments

With so many choices, leave it to us to help make your money work harder for you.

Commercial

We can support your business development plans with advice on growth, restructure and commercial lending

Your home may be repossessed if you do not keep up repayments on your mortgage

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

How Will Your Spending Change in Retirement?

Retirement represents a major lifestyle change; not only will you have more time to enjoy all those things you’ve never had time to do whilst you were working, you’ll also find that your spending habits will change too. To enjoy a comfortable old age means doing some in-depth thinking about how much you’ll need to spend under headings such as basic living costs, spending on your family, and most importantly, enjoying life to the full.

Baby boomers

Those in their 60s are often thought of as wealthy babyboomers, but research1 shows that many are managing on a comfortable income rather living an extravagant lifestyle. With an average income of more than £20,900, they generally have a disposable income of around £337 a month to play with. A few (1.7%) have an income of over £75,000.

Household bills, food, utility bills, insurance account for most of a typical 60-year-old’s budget. However, travel, outings and spending time with their families and friends also figure largely in their budget planning. On average, they take one foreign holiday a year, with a lucky few (5.6%), enjoying four trips or more.

Money matters and the over 70s

Research shows that the average income of a 70-something is £21,617. Most of their spending goes on household bills such as food, utilities, insurance, and household goods. On average, they have £301 of disposable income each month. This group are not known for being big spenders, but they do like to use their spare cash for travel, eating out and  groceries.

What is particularly noteworthy is that around 30% wished that they had saved more, 34% worry about saving money, and 28% worry about paying their bills. If you’re making plans for your retirement and would like some professional advice, then please get in touch.

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

1Nationwide, 2016

Source: Intrinsic Essentially Wealth Q4 2017 Issue 6

It was so nice to find someone who was happy to listen to all of my questions and concerns before we agreed on a plan of action.

Christine, Swansea

Thank you so much for obtaining our mortgage, for persevering for so long and not giving up on us. We will be eternally grateful that we can finally live in the family home again.

Rebecca and Darren, Swansea 2017

Dan cut through the jargon and was always there to respond to my questions; his work has helped my dream of buying a house come true.

S & K Jones, Swansea

Daniel never let up and his tenacity was commendable. I was kept informed of our mortgage progress at every stage.

Louise, Swansea

I had the best possible products tailored for me. I appreciate how much time you have saved me.

Karen, London

My critical illness policy covers everything I need and took into account my lifestyle and income - thank you!.

Teresa, Llanelli

It was so nice to find someone who was happy to listen to all of my questions and concerns before we agreed on a plan of action.

Christine, Swansea

Wanted to say thank you so much for all your mortgage help and advice over the past few months, you've been brilliant!

Dr Brazier, Liverpool, Sept.2016

Straight forward information and easy to follow progress, being able to see everything via the Old Mutual portal is excellent. Stress free from start to finish and such a good feeling about who is best at looking after my financial future.

Phil Harmer, April 2017

We were really impressed with the speed with which you processed the mortgage and the great rate of interest!

Dani & Geoff, Stratford upon Avon

The company is first class, discriminating, intelligent, utterly trustworthy and dependable

Maurice, Swansea, March 2017

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