Mark had been a client for a number of years and contacted the team at Audley as he had had enough of work and wanted to reduce his hours and begin drawing an income from his pension to supplement his reduced salary.
We discussed his income requirements, not only immediately, but in the future when he fully retires. We outlined the options for providing benefits from his pension and ran a number of cashflows to illustrate how long his pension could last based on his needs. We then provided him with a detailed report confirming our discussions, his options and our recommendation.
As a result, Mark was able to reduce his hours, confident that his standard of living wouldn’t be impacted and also that the team at Audley Welath had his best interest at heart.