Age: 60 Occupation: Electrical Engineer Family: Married with one grown daughter Financial Position: Two personal pensions totalling £500,000, modest defined benefit pension already in payment, debt-free homeowner with small cash reserves
The Challenge
After decades of demanding shift work, our 60-year-old electrical engineer client was desperate to know one thing: could he afford to retire now?
Despite years of diligent saving, he felt uncertain about whether his pension pot was sufficient to maintain his desired lifestyle. The burning question keeping him awake at night was simple yet crucial: “How much longer do I need to keep working?”
He needed more than numbers on a spreadsheet – he wanted confidence and clarity about his financial future.
Our Approach
We started with a comprehensive financial health check, diving deep into his current income, expenditure patterns, and pension arrangements. Our thorough expenditure review painted a clear picture of his actual monthly needs versus his assumptions.
Using advanced cashflow planning software, we modelled multiple retirement scenarios, factoring in his two personal pensions, existing defined benefit income, and savings. The results surprised even us – and delighted him.
Our analysis revealed he could retire immediately while maintaining his current lifestyle.
But we didn’t stop there. We identified an opportunity to optimise his retirement strategy by consolidating his pensions into a single, more efficient arrangement. This strategic move delivered:
Superior investment performance through better fund selection
Enhanced death benefits for his family’s protection
Reduced costs and improved efficiency
Simplified access to his funds when needed
The Transformation
Armed with this optimised retirement plan, our client made the leap to retirement with complete confidence in his financial security.
Nearly a year later, the transformation has been remarkable. Our regular reviews reveal a man who is not just financially secure, but genuinely thriving. Free from the physical demands of shift work, he’s healthier, more energetic, and deeply content.
His days are now filled with long-neglected hobbies and precious family time. Most importantly, the peace of mind that comes from having a well-structured, professionally managed retirement plan has given him something priceless: the confidence to fully embrace this exciting new chapter of his life.
This case study demonstrates how expert financial planning can transform retirement from a source of anxiety into a gateway to freedom and fulfilment.
Sign up today to be the first to receive our content, straight in your email inbox.
Our reputation
I have peace of mind that we are on track to achieving what we want out of life. I feel we have our finances in order now and we are really making the most of what we have.
Ian & Nicola – Deputy CEO and Designer
The process gave us tremendous peace of mind - knowing we have financial security and that any necessary advice and decisions are taken with the help of a professional.
Robert & Pauline, retired
Through the use of cashflow planning I have been able to get a greater handle on my income and expenditure and Paul is able to show me that I am on track to achieving my goals
Louise, Cosmetic Dentist
We meet twice a year, but Darren is always on hand should I have any “financial ideas”, queries or problems. If it is not in his expertise, he has no hesitation in bringing in one of his considerably gifted team.
Gareth and Heather, run a successful fashion business
It is great to have an expert look after my finances and it gives me peace of mind to know that my retirement fund is being well looked after
Terry, Golf course manager
We have been very impressed with Michael’s honest and personable approach to dealing with our finances and he has always gone out of his way to make sure we were happy.
Vincent and Mary O’Connell, run a successful furniture business
