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Clients often have conflicting financial planning aims when approaching retirement. Many can have large sums to invest, from downsizing the main home or tax-free lump sums taken from pensions, so planning is often required to generate sufficient income for a comfortable retirement. At the same time, those making any investment may be worried about the eventual inheritance tax (IHT) bill on their capital. A tax bill at 40% on all assets above the IHT threshold can feel like a high price to pay where savings have been built up carefully over a lifetime. For clients with the apparently c...