The importance of planning for your future.

Posted on June 30, 2021

When is the right time to start financially planning for the future? Whether this is through saving for your first mortgage or having life insurance in place, it is never too early to ensure your future is protected. We all want to protect the people and things that mean the most to us in life. This is why the team of advisers at Mortgage Solutions Belfast understand how important it is to guide customers through these big life choices which often have to be made years in advance.

Mortgage options to suit you now and for the future

Your own home is likely to be the most expensive purchase you will make in your lifetime. Therefore, it’s vital that you plan ahead. By working with an adviser, you can understand exactly what type of mortgage cover is right for you and your existing or future family. With options for first time mortgages, buy to let, re-mortgaging and shared/co-ownership, our advisers are there to guide you through every step of the journey to ensure your dream home is exactly what you imagined.

Pension planning for all stages of your career

Planning for the future begins earlier than realised for many – as soon as you secure your first job. In most UK corporations employers must contribute to their employees’ pension pots each month. Although this is great for building a nest egg for retirement, it isn’t enough. When it comes to funding retirement, many of us are doing too little and not understanding the value of saving for our pensions early. Our advisers’ golden rule for customers is to start your retirement plans early and not to rely on state pension alone. Our advisers will take time to review your pension plans to ensure they’re up to date and are on track to meet your needs when the time does come to begin relying on your pension in your later years.

Protecting what matters most with the right Insurance

As soon as you become responsible for property or begin your career, you should be taking steps to plan ahead to protect these important assets by putting in place home insurance, life insurance and income protection, amongst others. It’s especially common for these perceived out-costs to be ignored, mainly by younger generations, however situations can quickly arise where insurance is the only answer to protecting your future. We understand just how important it is to get the right cover that protects the assets that mean most to you and your future. Our advisors are here to guide you to the product or service that is right for you.

Investing in your future

Once you have had a chance to build up some savings, it’s important to make your money work for you by exploring your options for investing. Many of our customers reach out to our advisers when they begin families or simply would like to see how they can better approach building their savings. We are aware that the world of investing can be a bit daunting, especially for those who are starting out as part of their planning for the future. When guiding you through investments, we will review your personal circumstances and goals, making sure we make the most of your money, setting you and your family up for the financial future you have worked hard for and deserve.

If you’re ready to start planning your financial future, one of our advisers today to avail of confidential advice and guidance.

📞 02890 642000

Your property may be repossessed if you do not keep up repayments on your mortgage.

Some buy to let mortgages are not regulated by the Financial Conduct Authority.

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.