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The 55 Plan

One of our most popular areas of financial planning is around future income planning, or what we like to call; your 55 Plan. Although the government has encouraged employers to help with Auto-Enrolment Workplace Pension Schemes, we feel that a lot more can be done to ensure our clients achieve the later lifestyle they deserve.

We use 55 as a target age as that is currently the earliest you can access personal pension plans and gives our clients something to aim towards. We are passionate about helping people in their 20's to 40's achieve this through simple tax-efficient savings and investment planning. This gives you maximum opportunity for growth while still having access to some of your money in an emergency. 

In simple terms, it's all about investing as much money as you can afford each month over the long-term so that you can maximise growth potential and build up a significant fund of money, accessible from 55+. You can still access some of this money at any time you need to.

Utilise 20-40% tax-breaks from a personal pension (dependent on your tax bracket)

Enjoy tax-free growth and flexible access of an investment ISA

Combine it with long-term compound interest

The investment risk and subsequent growth potential can be tailored and monitored to your personal attitude to risk and capacity for loss profile and reviewed on an annual basis.

Currently, you can receive tax relief on contributions up to £40,000 per year into your personal pension. You can enjoy tax-free growth on £20,000 of contributions paid into your personal investment ISA.


When you reach 55 you will have various choices which could include:

Taking up to 25% of the pension fund as a tax-free lump sum

Start taking a flexible income from the pension fund and top it up tax-free from the ISA

Leave it all invested to maximise growth potential for a later date

The value of pensions and investments and the income they produce can go down as well as up and you may not get back the full amount that you originally invested. Past performance is not a guide to future performance

This is general information only and does not constitute advice

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