Local independent financial planners, Belmayne, are reassuring investors there is no need to change their retirement plans because of current market volatility.
The Dronfield-based firm is urging people not to concentrate on recent market news, but to review their retirement objectives and focus on making sure their plan is on target.
Belmayne partner, Jon Stevens, said: “Investing is not about trying to enter or exit the markets at the right moment, it is the time spent in the markets that matters. If the headlines in your life haven’t changed, then neither should your investments.”
The professional financial planning process enables investors to establish goals and build an achievable plan, taking into account variable levels of returns in good and bad years. Belmayne advocates evidence-based investing and gives clients access to a highly diversified, low-cost suite of solutions.
Jon added: “Planning for retirement is a detailed process and there are many moving parts. We use cashflow forecasting tools to demonstrate how markets will vary and how we can protect your finances from this volatility. It is easy to get lost in the ‘noise’ surrounding the recent economic turbulence, but by focusing on long-term goals, we can ensure investments remain on track.”