Build wealth. Love your life
Deciding to become semi-retired is not a trivial matter. Ask yourself the following questions: How much money do I need to live comfortably? How much money do I need to retire fully? How is becoming semi-retired going to affect my pension? What will give meaning to my life in semi-retirement?…
Photo by Harli Marten on Unsplash Research shows an average retired couple in the UK spends £26,000 annually to retire comfortably. How much do you need to retire comfortably depends on the life you want in retirement? Estimate how much money do you need to retire comfortably by estimating your…
I’m writing this in support of the ‘Your Pension, Your Choice’ campaign to allow people in the UK who retired before April 2015 the same ‘pension freedoms’ afforded to retirees after this date. I suppose I’ll have to do a bit of explaining here; goodness knows that deciding on whether…
You know you should sort out your pension, right? I’m not talking only about the monthly sum going in your pension fund. Here, I’m talking about finding all these pension pots you forgot about long ago and finding the best deals around. You want to know how you can get…
Saving for retirement has not been on my mind recently. I used to worry about saving for retirement in my 20s. Started saving for retirement, through the extremely beneficial pension scheme of UK universities that has just been changed, in my 30s. In my 40s I worried a bit about…
While casually browsing on Quora.com I spotted the following question: “I’m 41; is it too late to start investing in pension?” Respect to the person who asked. But really! Too late? It is never too late to start investing in your future. Do you see the lady in the picture?…
Editor’s note: Tonight’s post is by Lewis Humphries. Lewis is a finance and business blogger from the UK. He writes extensively for sites such as Career Addict and Life Hack, while his work has also featured on sites such as Business Insider, Investopedia and Money Crashers. He also has a…
What is it about pensions? At my place in life, having a pretty clear idea of my retirement, and this includes understanding my income, is important. I thought I’ve figured out my pension; now more changes to the pension system are muted. Or we could talk about tax if you…
Editor’s note: Today is budget day in the UK and I hope my readers from the US will forgive the very British targeted post; we Brits still get excited on budget day hoping and wishing that the budget will bring some good news. Today’s budget – budget 2015 – is…
If you aren’t, you better join; and soon. Where I come from opting in or out of a pension scheme was not an issue. Making pension contribution was not discussed and having a pension, albeit in some cases a very modest one, was taken as a given. What was an…
Last Sunday I went to a party. It was a farewell party for our neighbours who have lived on the street for 37 year and are moving to a different part of our ‘village’. They decided to downsize. I asked our neighbour why and he said that they’ve realised the…
…about how much the fund management industry takes out. At least this is what a documentary – How to Win the Loser’s Game – going online tomorrow has concluded. Why do I care? Why I decided to tell you about this documentary? I’ve told you that I am concerned about…