Category: Uncategorized
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Time To Downsize? Get Over The ‘Block’ and Move On!
You’ve worked hard all your life and finally reached the point of retirement. It’s time to enjoy the fruits of your labour! But with an empty nest, the family home can start to feel a bit…empty. Maybe you’re thinking about downsizing, but there’s a little something holding you back – that dreaded ‘downsizer’s block’. Don’t…
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Pension Boost for Grandparents – Are You Missing Out on £6,000?
Are you a grandparent who regularly looks after your grandchildren? If so, you could be missing out on a significant boost to your state pension. Many grandparents are unaware that they could be eligible for a pension boost simply by providing childcare for their grandchildren. This benefit, known as the “grandparent credit”, could add up…
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Renters Need Almost £400,000 More For Retirement
Are you planning on renting in your golden years? Then you’ll need a whole lot more saved than those who own their homes. A new study by Standard Life has revealed a stark difference in retirement planning needs for those who own their homes and those who plan on renting. The news isn’t good for…
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Are You on Track for a Comfortable Retirement?
It’s a question on many minds as we approach retirement: will my pension be enough? New research suggests that many people are unsure. The results are pretty stark: half of those with pensions are confident they’ll have a comfortable retirement, while the other half are worried. This gap is particularly pronounced among younger adults, who…
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Pensioners Set for a Golden Age!
Good news for those approaching retirement – experts are saying your income could be boosted significantly in the next five years! The government’s “triple lock” guarantee means that your state pension is set to rise at a faster rate than inflation, meaning your purchasing power will increase. This means you’ll be able to buy more…
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Pension Cash Grab? Don’t Be Fooled!
You’ve worked hard all your life, and now it’s time to enjoy your retirement. But a report in the Daily Express suggests that before you rush to grab your pension pot as a big lump sum, you should think twice! Many people see their pension as a quick cash injection, especially if they’re still working.…
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Pensioners Could Still Pay Tax Despite ‘Triple Lock Plus’
A new study has revealed that millions of pensioners might still have to pay income tax on their state pension, even with the Conservative Party’s “triple lock plus” promise. The “triple lock” ensures your state pension rises each year by the highest of inflation, average earnings growth, or 2.5%. The Conservatives have added a “plus”…
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Stretch Your Pension – 9 Smart Tips to Make Your Retirement Savings Last Longer
Retirement is a wonderful time to enjoy the fruits of your labour, but we all know that making your savings last is crucial. Did you know that by being smart about how you withdraw your money, you can reduce the tax you pay and make your pension stretch even further? This means more money in…
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More Time to Pay – Good News for Later Life Mortgages!
If you’re planning on taking out a mortgage later in life, or you’re approaching retirement and still have a mortgage, there’s some good news! LiveMore, a mortgage lender, has made some changes to its rules that could make it easier for older borrowers to get a mortgage. What’s Changed? Firstly, LiveMore has completely removed the…
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Downsizing? Don’t Throw Your Money Away – Find a Cheaper Location With Our Tips!
Thinking about downsizing? It’s a big decision, but it doesn’t have to break the bank! Property expert Phil Spencer shares his advice on finding the perfect (and affordable) place to enjoy your retirement. Don’t Overpay for What You Don’t Need When you’re downsizing, it’s crucial to be smart with your money. Phil warns against falling…