Retired / Later Life

Retirement should be about enjoying the life you’ve worked so hard for—but it also comes with financial complexities that require careful planning. With longer life expectancy, rising care costs, and increasing Inheritance Tax (IHT) exposure, many retirees find themselves balancing multiple priorities:

• Maintaining financial security while enjoying life today.
• Planning for potential care costs without depleting wealth too soon.
• Ensuring assets are passed to the next generation as tax-efficiently as possible.

For many, Inheritance Tax is no longer just a tax on the very wealthy. Rising property values and frozen allowances mean more families are being caught in the IHT net - often unexpectedly. Without planning, your loved ones could face a significant tax bill and complex estate administration.

Similarly, long-term care costs in Scotland can be significant, and many families are unsure how to fund care without eroding their savings or selling family assets. The earlier you plan, the more choices you have.

The key to financial confidence in later life is having a strategy that adapts to change. Whether it’s protecting your wealth, funding care, or reviewing estate planning arrangements, we help ensure your finances are structured to support both your needs today and your legacy for tomorrow.

Your later years should be about financial security and peace of mind, not uncertainty and tax worries. Whether you’re looking for ways to protect your wealth, fund future care, or simply ensure your financial plans remain up to date, we’re here to guide you.

*The writing of a Will or Powers of Attorney involves the referral to a service that is separate and distinct from those offered by St. James's Place. Wills and Powers of Attorney are not regulated by the Financial Conduct Agency.