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Making the most of your retirement finances: Simple steps to success

29 Sep 2023 | Written by Catriona Smith

This article was authored by Catriona Smith an Independent Financial Adviser with Chase de Vere.


When we think of retirement, images of relaxed mornings, taking up new hobbies and perhaps a bit of travel come to mind. But there’s another aspect of retirement that needs attention: managing our finances. At Chase de Vere, we’re all about helping you make the most of your retirement money, so you can focus on enjoying this special time in your life.

Money matters in retirement

Even though you’re no longer clocking in from 9-5, your money still has work to do. Here are some areas to consider:

Managing your income: This includes pensions and any investments you have. By keeping an eye on these, you can ensure you have enough to live comfortably.

Thinking about health costs: As we get older, we might need more medical care or even long-term support. Planning for these costs can give you peace-of-mind.

Planning your estate: This means deciding how you want your assets, like property or money, to be shared after you’re gone. It’s all about making things easier for your loved ones.

Understanding taxes: Just because you’re retired doesn’t mean you’re off-the-hook for taxes. But with some smart moves, you can keep them in check.

Why professional advice makes a difference

Handling finances can be tricky. That’s where experts, like financial advisers, come in handy. They can:

Guide you: They know the ins and outs of financial products and can recommend what’s best for you.

Look at the big picture: They consider all aspects of your finances to ensure everything’s on track.Catriona Smith.

Protect your money: A good adviser can help reduce any financial risks, so your hard-earned money stays safe.

A closer look at SOLLA

The Society of Later Life Advisers (SOLLA) is worth highlighting. Established in 2008 as a not-for-profit organisation, SOLLA is dedicated to ensuring people in later life receive quality financial advice. It’s not just about the advice though. SOLLA accredited members, like some of our very own at Chase de Vere, adhere to a strict code of practice. This code ensures that the financial strategies and decisions made align with the best interests of those in later life. The aim? To provide older adults with peace-of-mind, knowing they are getting guidance from experts specifically trained for their unique needs.

Final thoughts

Retirement is a special time, full of possibilities. By sorting out your finances, you’re setting yourself up for a relaxed and enjoyable retirement– and you don’t have to do it alone. Whether you lean on trusted advisers like us at Chase de Vere or expert groups like SOLLA, there’s help available every step of the way.

So, as you embark on your retirement journey, keep in mind that a little planning goes a long way. Here’s to a prosperous and fulfilling retirement!


A note from The Joy Club:

This article was provided by Catriona Smith and Chase de Vere. We know that financial planning and education are extremely important to our members and that you would like to see more finance-focused content within The Joy Club community. That’s why we are very excited to partner with Chase de Vere – one of the UK’s leading national independent financial advisers – to bring you high-quality, expert-led financial content.

What’s more, Chase de Vere is offering members of The Joy Club a complimentary initial consultation with a Chase de Vere expert adviser, should you so wish. It’s a perfect opportunity to explore your options with a highly qualified independent adviser and learn how to navigate the world of financial planning with greater ease and confidence.


To book your complimentary consultation, simply submit an enquiry via Chase de Vere’s dedicated online form. After that, a member of their team will be in touch to finalise your initial consultation, either by phone or video call.

The Joy Club will receive a small commission from Chase de Vere on any services you make use of beyond the initial complimentary consultation.

The Financial Conduct Authority do not regulate estate or tax planning.

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