Retirement and estate planning are two critical aspects of financial planning that ensure your wealth supports you during your later years - and is passed on according to your wishes. Here’s how they work, how they differ, and why they often go hand-in-hand.
Goal: Ensure you have enough income to support your lifestyle when you stop working.
Pension Contributions & Growth
Workplace pensions (e.g. auto-enrolment schemes)
Personal pensions (SIPPs, stakeholder pensions)
Tax relief on contributions
Retirement Income Strategy
Drawdown from pensions
Annuities for guaranteed income
Tax-efficient withdrawal sequencing
Investment Planning
Managing risk as retirement nears
Balancing growth with capital preservation
Expert Advice
Budgeting for travel, hobbies, healthcare
Accounting for inflation and longer lifespans
Estate Planning
Goal: Ensure your assets are passed to your loved ones as efficiently and tax-effectively as possible.
Disclaimer: Will writing and Powers of Attorney is not part of the Quilter Financial Planning offering and is offered in our own right. Quilter Financial Planning accept no responsibility for this aspect of our business.
Will Creation
Specifies who inherits what
Names guardians for dependents
Inheritance Tax (IHT) Planning
UK IHT threshold: £325,000 (or more with residence nil rate band)
Strategies include gifting, trusts, and charitable donations
Trusts
Used to control how and when beneficiaries receive money
Protect assets from misuse, divorce, or taxation
Power of Attorney
Ensures someone you trust can manage your affairs if you’re incapacitated
Life Insurance
Can help cover IHT liability or support dependents
Coordinating retirement income with estate plans helps reduce IHT and income tax exposure.
Asset Longevity
Smart retirement planning ensures you don’t outlive your assets—while estate planning ensures what's left is protected.
Peace of Mind
You live comfortably knowing your loved ones are provided for and your wishes will be respected.
How Ablestoke Can Help:
Model future income:
Estimate how long your retirement funds will last.
Optimise pensions and ISAs:
Maximise withdrawals while minimising tax.
Create gifting strategies:
Help pass on wealth without triggering large tax bills.
Set up and manage trusts:
Tailored to your family’s needs.
Review and update your plans regularly:
Life changes - and so should your plan.
Would you like a checklist or roadmap to begin your own retirement and estate planning process? Or would you like to see how Ablestoke or similar advisers help you build one?
Please complete the form below, and one of our advisers will promptly respond to your inquiry.
Ablestoke is a trading style of Ablestoke Financial Planning LLP, an appointed representative of Quilter Financial Services Limited, which is authorised and regulated by the Financial Conduct Authority.
Registered Address Admirals Offices Main Gate Road, The Historic Dockyard, Chatham, Kent, ME4 4TZ
Registered in England and Wales
Disclaimer: Some employee benefits & auto enrolment are not regulated by the Financial Conduct Authority’
Registered in England and Wales. Registered number: OC367708
Disclaimers: Some employee benefits, cash on deposit advice, auto enrolment, tax planning, inheritance tax planning, will writing, powers of attorney, trusts & estate planning are not regulated by the Financial Conduct Authority Tax treatment varies according to individual circumstances and is subject to change.
The guidance and/or information contained in this website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK
