Financial Planning for 65-75 Year-Olds
Make your retirement not just last — but thrive
You’ve worked hard, saved carefully, and earned the right to enjoy life. But retirement brings new questions:
• Will your pension, savings and investments last as long as you do?
• What happens if care costs, health issues or unexpected expenses come along?
• How do you protect what you’ve built — for your future and for your loved ones?
• How can you draw income safely, minimise tax, and pass on wealth without stress?
At Lucent, we help you secure retirement income, protect your wealth, and plan confidently for later life — so you can enjoy your late 60s and beyond with clarity, freedom and peace of mind.
Why This Stage Demands a Plan — More Than Ever
- Longevity is rising. With life expectancy increasing, many people now spend 20-30 years in retirement. That means your savings, investments and pension need to stretch farther than ever.
- Retirement income is no longer simple. With multiple pension pots, savings, investments, ISAs, and maybe downsizing or equity release — the mix can be complex. Recent guidance urges retirees to test income sustainability carefully.
- Costs continue to rise. Inflation, rising living and care costs, tax changes — without a plan, these can erode income and wealth over time.
- Legacy and peace of mind matter. Many want to ensure their estate, inheritance or legacy is protected — but leaving things too late can mean missed opportunities, tax exposure or family stress.
If you rely solely on hope, you risk running out of money, leaving loved ones exposed, or facing unexpected financial stress. A financial plan offers control and reassurance.
What a Well-Built Later-Life Plan Covers
When you work with Lucent in the 65–75 window, a robust financial plan will help you:
- Create a sustainable retirement income strategy — with pensions, savings, investments, ISAs, and (if needed) downsizing or equity release, tailored to your lifestyle and expected lifespan.
- Manage tax and withdrawal timing — making sure pension withdrawals and savings withdrawals are efficient and don’t push you into higher tax bracket or erode benefits.
- Protect against inevitable uncertainty — health issues, long-term care, unexpected expenses — with suitable protection, contingency planning and liquidity buffers.
- Plan your estate, inheritance and legacy — ensuring your wealth is passed on according to your wishes, with minimal tax, legal clarity and peace of mind for your loved ones.
- Keep flexibility and simplicity — avoiding over-complex structures, making sure decisions remain manageable and understandable at every phase.
In short: confidence — not guesswork.
How We Help — Your Retirement Confidence Highway
We offer a simple, five-step process tailored for this stage of life:
1. Free Financial Consultation
We discuss your current financial landscape — pensions, savings, investments, property, income, benefits, estate, family needs, health and lifestyle goals. Free, no-obligation.
2. Modelling
We build realistic models — projecting your income, expenses, spending patterns, inflation, possible care or contingency needs — to test if your wealth lasts as long as you do.
3. Build Your Plan
We structure withdrawals, income streams, tax-efficient withdrawals, estate arrangements, asset allocation — balancing spending, security, and legacy goals.
4. Implement
We help you put the plan into action: coordinate pension drawdowns, adjust investments, plan tax-efficient withdrawals, review estate or inheritance planning documentation.
5. Ongoing Support & Review
Retirement isn’t static. We schedule reviews — especially when health, lifestyle, family or financial market conditions change — to keep your plan robust and aligned.
Who This Page Is For
- People recently retired, or approaching their mid/late 60s with pensions, savings or investments — seeking reliable income and longevity planning.
- Couples looking for simple, secure, flexible income solutions — with clarity on tax, withdrawals and legacy planning.
- Individuals or couples considering care costs, health care, asset protection, or potential long-term care funding.
- Anyone wanting to make their wealth last, manage unknowns with confidence, and ensure their estate is handled properly — without confusing paperwork or complexity.
Why Retirees Trust Lucent
✅ Holistic, independent advice — we consider pension income, savings, investments, legacy, tax, care risk, not product-push.
✅Clear, jargon-free guidance — we explain options plainly, so you can make informed choices comfortably.
✅ Realistic, flexible plans — built around your life, not generic “retire at 65” assumptions.
✅ Long-term support — retirement isn’t a moment; it’s a journey. We stay by your side through the changes.
✅ Peace of mind — not uncertainty — we aim to make retirement predictable, manageable and enjoyable.
Not Sure Where to Begin? Start Here.
Financial planning isn’t just about money — it’s about life. In just two minutes, this quick and confidential assessment tool helps you reflect on what really matters, from your health and relationships to fun, freedom and fulfilment. In under two minutes, you’ll get a fresh perspective on your overall wellbeing. Once complete, we can use your responses to personalise advice around your goals and needs.
See which areas deserve more attention today.
- Free
- Takes 2 minutes
- Get your score instantly
- Secure and confidential
Why Choose Lucent for Your Financial Planning?
Our financial planners, with the support of our wider team, work tirelessly to ensure our clients receive the highest standards of advice and care. We are proud of the reviews we receive on third party sites.(Numbers updated Dec 2025)
Ready to make the most of your retirement years?
Ready to see whether your retirement is on track? Book a free consultation — no paperwork, no pressure, just clarity.
- Do you have over £500k in investible assets and want to maximise your retirement income?
- Are you looking for ways to ensure your wealth lasts throughout your retirement years?
- Do you need help balancing your lifestyle goals with maintaining financial security?
- Would you like professional advice on managing your pension, investments, and inheritance plans?
If you answer yes to the above, get in touch.
FAQs
Lucent helps you create a sustainable retirement income plan, balancing pension withdrawals with other investments to ensure your assets last and provide for you.
Gifting during your lifetime can reduce inheritance tax liabilities for your heirs. We’ll help you explore gifting strategies that ensure your wealth is passed on efficiently and tax-effectively.
A windfall can be invested in income-generating assets like annuities or used to pay for long-term care or healthcare needs. We’ll guide you in making the most of this opportunity to secure your financial future.
Still have questions?
If you've got a question we haven't answered, we'd love to hear from you.