You may have seen in the press this month that the minimum pension age is changing.

In 2014, the government announced that the minimum age that you can access your personal pension would be increasing from 55 to 57. Until now this change had not been bought into law. An announcement in September 2020 from the government has confirmed that this change will go ahead as planned in 2028.

It will impact everyone born after 6th April 1973.

Many people don’t want to access their pensions before they are 57. However, if this was part of your plan we can look at the implications of this with you. Using our financial forecasting system we are able to look at your options and help you decide on a suitable course of action.

The financial forecasting system we use can model various “what if…” scenarios, taking into account your circumstances now and in the future.

This approach is complemented by our Financial Life Planning which is designed to help you identify your priority order i.e. the most important qualities for you to have in your life. This is so you can focus your time, energy and ability on doing first things first.

On top of that our money coaching is perfect for people looking to improve their knowledge, skills and ability around money so they can thrive (rather that survive) in retirement.

Why not say hello@proposito.co.uk and find out how we can help you.