Financial Planning for 75 Years & Older
Secure, simplify and protect your wealth — so you can enjoy peace of mind, dignity and legacy
At 75+, finances can feel more complex than ever: pensions, investments, property, care costs, taxes, inheritance — all can collide at the same time. You’ve earned your later years. Let us make sure your money supports them — comfortably, predictably, and in a way that honours your legacy.
Whether you want to draw a reliable income, protect capital, plan care, or pass on wealth — Lucent helps ensure your assets serve you and your loved ones.
What Matters Most After 75 — And What’s at Risk
- Longevity and enough income: With increasing life expectancy, you need your savings and pensions to last — not outlive them. Recent research shows many retirees underestimate how long they’ll live, risking shortfalls.
- Complex pension & withdrawal rules: At 75, tax and death-benefit rules often change — decisions about drawdown, annuities, or leaving pensions invested require careful planning.
- Tax, estate and inheritance complications: Without a proper estate and legacy plan, beneficiaries may face unnecessary tax and complexity at a sensitive time.
- Rising costs and health or care risks: Healthcare, long-term care, or unexpected costs — with inflation, increasing living costs and uncertain needs — can erode retirement savings if not planned for.
- Peace, simplicity and control: Many over 75 prefer simplicity over complexity — they want clarity, ease of management, and confidence that money will stretch without constant worry.
Ignoring these risks can mean losing control of your later years — but with a plan, you can protect your future and legacy.
What a Thoughtful Later-Life Plan Should Deliver
When done right, a plan for 75+ gives you:
- A secure, sustainable income — from pensions, investments, savings or property — without draining capital too fast.
- Flexibility: drawdown, income, or annuity options tailored to your comfort, health, lifestyle and goals.
- Tax-efficient income and legacy planning — maximising what you keep now, and what you pass on later.
- Protection against market volatility, inflation, care costs or unexpected events — so lifestyle isn’t derailed by external shocks.
- Simplicity and peace of mind — fewer accounts, clear documentation, easy-to-administer plans, transparent reporting, and support for you or your family when needed.
- A clear legacy or inheritance structure — so loved ones receive what you intend, with minimal tax and legal stress.
In short: financial stability, dignity, and the freedom to enjoy later life — without worrying about what happens next.
How We Work With You — Later-Life Planning in 5 Simple Steps
With ourprocess, you remain in control. We bring clarity, experience and a long-term view.
1. Free Financial Consultation
We discuss and map your pensions, savings, investments, property, care preferences, spending needs, benefits, estate wishes — to build a comprehensive picture. Free, no-obligation.
2. Modelling
We model income options: drawdown, annuities, lump sum withdrawals — balancing longevity, tax, lifestyle, legacy, and risk.
3. Build Your Plan
We build a tailored plan with buffers for care costs, healthcare, unexpected expenses — protecting capital. We also simplify investments to reduce risk or volatility.
4. Implement
We help implement and coordinate wills, beneficiary nominations, trusts (if relevant), inheritance tax planning, and ensure death benefits and estate transfer are aligned with your wishes.
5. Ongoing Review & Support
As circumstances change — health, living arrangements, market conditions — we stay by your side. We review, adjust and update as needed.
Who This Page Is For
- Individuals or couples over 75, with pensions, savings, property or investments — wanting stable income and protection.
- Retirees concerned about longevity risk, care costs, tax for their estate, pension drawdown, or preserving capital.
- Families seeking clarity and simplicity for their elderly relatives’ finances — especially where wills, inheritance or care may become involved.
- Anyone wanting dignity, freedom, and peace of mind in later life — without complex financial juggling or uncertainty.
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Why Clients Trust Lucent at This Stage
✅ Independent & regulated advice — no product-pushing, just honest, experience-driven planning
✅ Holistic, tailored plans — we consider all assets, income, health, lifestyle and legacy goals — nothing in silos
✅ Clear, jargon-free communication — we explain options plainly; you decide what feels right for you
✅ Focus on simplicity, protection and flexibility — often what matters most at this life stage
✅ Long-term partnership and support — for you, your spouse/partner, or your family — whichever needs evolve
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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.
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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 later years?
Let’s begin with a free later-life financial consultation — no pressure, no obligation, just clarity.
- Are you planning for potential care needs while managing your financial resources?
- Do you need guidance on estate planning and minimising inheritance tax for your beneficiaries?
- Would you like advice on preserving your wealth while maintaining a comfortable lifestyle in later years?
If you answer yes to the above, get in touch.
FAQs
Lucent helps you create a wealth preservation strategy focused on low-risk, income-generating assets, ensuring that your savings cover your healthcare and lifestyle needs without being depleted too soon.
We guide you through options like long-term care insurance, setting aside dedicated funds, or planning for assisted living. Our goal is to make sure you’re financially prepared for any care needs that arise.
Gifting during your lifetime can reduce inheritance tax and provide support to your family while you’re still here. We’ll help you develop a tax-efficient gifting strategy that aligns with your legacy goals.
Still have questions?
If you've got a question we haven't answered, we'd love to hear from you.