You’ve made a success of your business, and you want to start planning your retirement: whether that means taking a round the world trip, spending more time with family, or something else entirely.
Building a business requires a level of single-mindedness and perseverance that most people don’t possess. An entrepreneurial mindset is fantastic for spotting new opportunities, seeing market trends, and coming up with creative solutions to unexpected obstacles.
With so many plates spinning however, it’s understandable that less exciting prospects such as saving for a pension can end up on the backburner. This is particularly true amongst the director-shareholders of smaller companies, who don’t have the existing infrastructure in place to administer pension packages and insurance plans to senior executives.
Any yet, the reality is, ‘the future’ is an overhead you can’t ignore. As C.S. Lewis once said:
“We have trained people to think of the future as a land which favoured heroes attain… not as something which everyone reaches at a rate of sixty minutes per hour, whatever they do, whoever they are”.
The future is coming, and it will come with a hefty price tag. If the funding of your post-work lifestyle isn’t being factored in as an expense, then your business isn’t truly serving your long-term interests.
At Thomas Heald, we have specialist advisers who can help you to take that same level of vision and strategic thinking needed to run a business, and apply it to the process of mapping out your future lifestyle.
We’d be delighted to show you how you could benefit from our tailored financial planning service. Book an initial consultation today to find out what the next steps are.