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Insights from the Smart Financial team

Funding Long Term Care – what will be the true cost of the Golden Years?

As average life expectancy continues to increase, more and more of us are likely to require some form of long-term care as we get older.  But with places in residential care and nursing homes costing in excess of £25,000 a year, paying for that care is becoming a serious challenge for a growing number of people. Government is making proposal … Read More

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1 minute read
What Is Business Exit Planning?

In the exciting early days of starting your business, many business owners never truly think about leaving it. You may think that you’ll just cross the bridge when you get there, but the truth is that business exit planning helps put you in control of your business and consequently, your personal life. Being in control is much easier when you write … Read More

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2 minute read
How to Enjoy Your Money

Sometimes success is harder to accept than failure. For many successful business owners, their careful and pragmatic approach to running a profitable company is the very trait that prevents them from truly enjoying the fruits of their labour. There is no shame in working hard, and the same applies to getting the most from your success. The key to enjoying … Read More

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2 minute read
Can I Afford to Travel When I Retire?

Retirement can be an exciting but daunting prospect for many business owners. The fear that your retirement won’t be enough to fund your dreams is a valid one but you can confront it. You didn’t create a business with sheer luck, and you won’t retire with sheer luck, either. Having a long and well-deserved retirement requires diligent planning with your goals … Read More

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2 minute read