Many of us avoid later life planning. While we want to remove uncertainty about our futures, it can be difficult to talk about, especially with our loved ones. Estate planning can remain on your ‘to do’ list for years… until it becomes too late.
Setting out a plan for later life can prevent stress later on. And you don’t need to do it alone. A financial adviser can support you through this process and help you answer the tough questions about your future – such as ‘how long will my current provisions last?’, ‘can I afford the lifestyle I want?’, ‘what kind of legacy can I leave my children?’ and ‘what will happen if I can’t make decisions about my care?’.
Whether you’re looking to prepare your own finances (or support a friend or family member) talking to a Wren Sterling adviser can help.