Retirement Planning

Retirement Planning

Planning your retirement with Sinclair Upton Capital Management

At Sinclair Upton Capital Management, we understand that effectively preparing for the years after your working life requires a realistic plan that covers both the time when you are still working and increasing your assets, as well as the period after retirement when you are using those assets, and the income from them, to maintain your lifestyle.

Retirement can be a time of increasing expenses if more time is spent travelling or health costs rise.

Sinclair Upton Capital Management will work with you to establish the different options you have in order to make sure you maintain the standard of living you have been used to during your working life, in addition to providing for the future.

Firstly, we will need to discuss with you what your expectations are for income after your retirement, taking into account factors such as inflation, and together, explore your choices for the options available. This discussion could include the use of employer contributed plans, savings, and adjusting your investment goals to provide a nest egg which will generate sufficient income for you during that later stage.

Accumulating your resources

Together with you, we will evaluate your present financial situation and then initiate, or adjust as needed, a plan to maintain your current standard of living while ensuring your lifestyle is not negatively affected after retirement.

As people now live longer, on average, than ever before, retirements can extend over many decades. Due to this, planning for a length of time that could be longer than your working life should be a central consideration in your overall financial strategy.

There is not a one-size-fits-all solution to retirement planning as the circumstances of a business owner will, for example, be very different from those of someone who is employed, or self-employed.

Funding your retirement

The successful retirement plan is one that sees your accumulated resources and the culmination of your previous planning fund your expenses through your entire retirement and allows you to continue enjoying the living standards you want.

It begins with a distribution evaluation, where we appraise your expected returns from all employment-related sources, contributory or non-contributory, self-employment pension plans together with any social security income you may be entitled to receive.

Next is a detailed examination of your envisaged investment-generated earnings from stocks, bonds, trusts, and other sources. Following this, we will draft a plan that sets out your cash flow, allowing for expenses such as possible health care, the predicted rate of inflation, and reduces your tax payments.

“And in the end it’s not the years in your life that count; it’s the life in your years.”

—Abraham Lincoln