By starting financial planning early, associate dentists could find they can achieve more of their aspirations sooner than they expected.
You might need advice on income protection, or perhaps you’re saving up a deposit for your first home or considering buying a practice in the future. Whatever your financial goals may be, organising your finances now will help put you in a better position in the future.
We can help with:
- Making sure you have the right income protection in place and you are not overpaying
- Discussing whether you need to put critical illness or life cover in place
- Finding the right mortgage for you and ensuring your rate is competitive
- Assessing whether to opt-in or out of the NHS Pension Scheme
- Making sure you don’t exceed your annual pension allowance
- Building a clear retirement plan that is reviewed annually
- Setting up stocks and shares ISAs and helping to grow your wealth
- Reviewing finance options to buy a practice
Your home may be repossessed if you do not keep up repayments on your mortgage.
The most appropriate approach will depend on your personal circumstances. It is important to note that as the value of investments can rise and fall, positive returns are more likely if you invest for the long term, but this is not guaranteed and you could get back less than you invest. Furthermore, tax treatment depends on individual circumstances and may change over time. The value of any tax benefits or reliefs will therefore vary from person to person and cannot be guaranteed.
