SJP Planning your legacy

Your pensions can play an important part in your estate planning and securing your legacy.

Proactive estate planning means you’ll be able to pass on the right money to the right people, at the right time. It can be hard to start thinking about the time when you’re not around, but making decisions now can save your family a lot of additional stress and anxiety at an emotional time later on.

An increasing number of us – it could be as high as 70% of the over 65s1 – will need some kind of social care. It can make a big dent in your finances, so working out the best way to pay for this, should you need to, is an important part of later life planning. It will affect the size of your estate and the amount of money you’ll be able to leave your loved ones.

Your St. James’s Place Partner can help you adapt your retirement income needs, and get your finances on the front foot, should you need social care.

1 https://acl.gov/ltc/basic-needs/how-much-care-will-you-need