For example, John and Margaret found our details on unbiased.co.uk and got in touch with us to find out how we could help them reach their financial planning objectives.
Having previously had a negative experience with their former financial adviser, they were looking for advice from a firm who would take the time to truly understand their situation and what they wanted to achieve.
What were their aims?
John (54) and Margaret (52) wanted to find out if they could afford to take early retirement.
John had just had a heart attack and wanted to slow down and enjoy the rest of his life with Margaret, and Margaret was keen to give up her part-time job working in the local school.
Having worked hard all their lives, what they really wanted was to be able to pay off their mortgage and ensure that the remainder of their savings would be protected for the benefit of their children and grandchildren.
How Fairstone NI helped
Before meeting with John and Margaret we sent them a document which introduced our company in more detail, which helped to provide context about our business, experience and areas of expertise. It also allowed them to understand more about what to expect from the first meeting with us.
At this meeting, we discussed in great detail the dreams and aspirations that John and Margaret had, and gained an understanding of their financial situation as things currently stood.
Having understood their financial objectives, we talked through all of the options available to them with the money they had accumulated over the years.
Following the meeting, we obtained quotes and carried out research to make sure that any decisions that we were making with John and Margaret, would secure the best income and return on investment.
Importantly, we implemented financial plans with the couple, to ensure that they received the maximum Tax Free Lump sums they were entitled to and that they continued to receive their income in the most tax efficient manner.
We also put together bespoke Tax and Estate Plans so that their money would be passed on to their children and grandchildren tax free, whilst ensuring that no third parties could make claims on their estate.
John and Margaret have now both achieved the early retirement that they wanted, and John’s health has really improved.
They have also been able to pay off their mortgage, as per their financial objectives, and have just booked a cruise.
Get in touch
To find out more about how our financial advisers can help you to achieve your financial objectives – be it early retirement or otherwise – don’t hesitate to get in touch for an informal discussion with one of our team.