Lifestyle Financial Planning

Ideally, we would all like to use our financial resources to live the life we dream about and pass our wealth on rather than have it swallowed up in taxes or healthcare costs.

We tell you the truth about money – how much is enough? We help you determine what enough looks like for you. We analyse your current finances and tell you if you are on track to realise your dreams and what to do if you aren’t.

For example the five years between 55 and 60 might be your best – but if you don’t have enough money to retire at 55 you may miss out on what might have been, and you’ll never have those years again. How do you know when you have enough capital to retire?

We believe it’s all about you. We help you to understand the financial secrets of the wealthy, and work with you to devise a plan, which is regularly reviewed, to help turn your dreams into reality.

Everyone’s situation and goals are unique. However, we do recognise that there are key times in life when particular concerns are common amongst many clients.

For every client we utilise our 4 stage approach and offer a bespoke solution, but there are common objectives and common instances of potential life changes encountered:

Lifestyle Financial Planning for Young Professionals
Common objectives: The basics of house purchase, protections and retirement planning.

Common life changes: Marriage, starting a family, job changes.

Comprehensive Financial Planning
Common objectives: House moves, career development, evaluating pension provisions and remuneration packages, children’s education.

Common life changes: Death or long term care of a parent, career re-evaluation.

Lifestyle Financial Planning for the Retired
Common objectives: Utilising capital for income, assisting children/grandchildren.

Common life changes: Illness, later life care, bereavement.

Later Life Planning

Where is your hard earned money going?
To the Treasury, to the Local Authority to pay for long-term care, to your heirs?

In today’s complex and ever-changing world there may be times when it would be helpful to pass wealth to heirs much earlier, for school fees or such like. However if too many assets are given away there is an understandable fear that there won’t be enough left to cover the cost of care and fund day to day living expenses in old age.

The financial solutions to this problem are complex and very few people are qualified to offer advice. Rosebank Wealth Management are experienced in this field with many years experience of advising those in later life.

From the time when you retire, objectives change from investment and capital accumulation to provision of income and, later on, consideration of passing capital on to family and Inheritance Tax mitigation.

With ever-changing Government legislation, we can assist you in finding the most tax-efficient ways to meet your retirement and later life financial objectives.

We can look at pensions, investments and all your accumulated plans and policies to determine whether they continue to meet your ongoing needs.

We assist with guidance on wills and probate too.

We have a particular interest in care fees planning.

Why Rosebank Wealth Management?
We have a caring, friendly approach avoiding jargon.
We have many years experience in advising those in later life.
We offer specialist advice on long term care, investments, trusts and equity release.*

We are able to involve members of the family in the decision making process if desired.

*If you would like to understand the features and risks associated with this type of mortgage, please ask for a personalised illustration.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

Trusts are not regulated by the Financial Conduct Authority.