You may wish to retire fully, or carry on working in a reduced capacity. Your children may have left home, meaning that you are considering ‘downsizing’ to a smaller home to release some equity. You may even have paid off your mortgage in full meaning that your outgoings are significantly less.
At this time of life, you may be considering what long-term care you need. It’s also a time to ensure you are happy with the plans you have in place to pass on your wealth, and you are doing so tax-efficiently for your beneficiaries.
