Retirement is a time when you want to be able to relax and enjoy yourself, unfettered by tax and finance worries, but the change in the phase of your life can also bring some complexities that your Fairway team can help you navigate. The following are just a few examples of how we can help.
Personal Finances
Understanding, the cashflows from your retirement funds and investments, and how different decisions can alter that, means you can make that trip of a lifetime or renovate your home without worrying about the impact. Your Fairway team can develop a bespoke cashflow model for you and guide you through its use and monitoring, so you can relax and enjoy your life.
Tax Advice
Residence when Travelling
Many enjoy dividing their time between UK and Australia (or other countries) when they retire, but without understanding the tax residence rules this can create some nasty tax surprises. Your Fairway team can guide you to achieve the lifestyle you want, with the minimum tax cost to you.
Retirement Savings in Another Country
Being resident in a different country from where your retirement savings are located can change the tax outcome when you start drawing your pension income. Your Fairway team can talk you through the options available to you and help you access your hard-won retirement savings with the minimum of tax loss.
