10 top tips for a comfortable retirement

1. Review your expenditure

Start with your current outgoings then revise which are important.

Work out what your    1. Your basic minimum std of living will be £???? pa

                                 2. your comfortable std of living may be £???? pa

Don’t forget to include any housing costs, transportation costs, medical supplies spending money, food costs, travel/holiday budgets & out of pocket expenses.

Importantly one of the best tips I can give is an obvious one and that is: Reducing unnecessary monthly outgoings is ALWAYS a valuable income boost but especially  in retirement

2 Make a list

Of all your assets which have the potential to generate a future income.

Such as: State pension benefits, insurances, Investments, savings, rental property,

spare rooms, garage rental, working part time, rent or sale of unwanted items/valuables. etc

3 Think about the real growth

You need to account for the real effects of inflation.

Try to focus on the difference between the inflation rate your investment returns.

For example – a inflation rate of 4pc per annum and an investment return of 5pc

provides a real return after inflation of just 1 per cent. But that is real growth

Remember - If you live a long time then inflation will be your biggest enemy!

With so many mortgage deals available, all with varying types of rates, fees and monthly payment together with finding the right lender for your needs, it really does make sense to use an independent adviser like us.

With remortgage rates from just  1.15% pa (APR 2.2%) and fee free deals from 2.95% (APR 4.1%) 

There is even fixed rate deals from just 1.75% over 2 years and 1.95% over 5 year.


For customers wishing to remortgage, there are a number of 3 or 5 year 2.9% deals with no valuation fee and no legal fees, just our adviser fee of £295

For that £295 fee. we research the whole market for the best type of deal for you, then we select top 2 deals that match your needs and then we deal with all the arrangements with the new lender until you complete.


Why not read our client reviews, especially the mortgage reviews, as each one has been verified by VouchedFor.com and is a current client of First option


As Bob says: "Clients need independent financial advisers more than ever"                            


                               You can call us now on 02920 811532


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 Warning: Your home may be at risk if you do not keep up the mortgage payments on it

Interest rates can varying over time and you may need to ensure affordability beyond any short term discounted deal


When new clients come to us, we always set ourselves certain goals for all our new & existing clients:

We try to

1. Ensure you are financially better organised than when we first met you
2. Maximize your investment returns and ensure they fit within your Risk & Comfort levels.
3. Provide the right protection for you and your family
4. Reduce your tax liabilities
5. Careful manage your financial risks
6. Ensure you have sufficient cash reserves

When you have more money  coming in than going out or even a lump sum,
you may be wondering,how to make the most of it.

1. Saving and investment are very different
Savers want a safe place for their money where they can get at it easily
Investors tend to want their money to grow by at least inflation
and accept that it may be tied up for some time

2.Each investment has it own level of risk
there are usually no guarantees that you will make money or even get your money back

3. The greater the Risk, the greater the potential for reward or Loss

4. The greater the ease of access, normally the lower the Reward

5. If you are considering investring with a financial company, carefully research their strength & reputation
because if you give your money to someone to invest or manage there is a danger of mismanagement or fraud

6. Never risk a sum of money you can't afford to lose and always speak to an IFA before parting with your hard earned cash!

  If you are approaching retirement - you may be considering your retirement options and How best to prepare for it? 

At FIRST OPTION - We can offer you independent Retirement advice catering for all the key factors such as...