Sixty-five per cent of pre-retirees aged 45 and over would like to retire within the next five years if they could, yet financial pressures are so great that 18 per cent of these predict that they will never be able to retire fully. …
Retirement Planning
Retirement planning and related subjects
Rising cost of living leaves retirees feeling the pinch
If you’ve been feeling the pinch lately then there’s a good reason why. The cost of living has been bumped up by food and energy price hikes, with inflation hitting its highest level in nearly five years in May. …
Should you get a digital will?
In the pre-internet day, death was a relatively simple affair. The belongings of the deceased would be sorted through, boxed up, and divided among family and friends to act as a tangible reminder of a life. A will, often called a “Last Will and Testament“, is a legal document that allows a person to give …
Britain’s longest walking trails
Britain is home to some of the most beautiful walks. Venture through stunning countryside or striking cities, along valleys and coastal paths, across rivers and streams, or through fields and woodlands. If you’re up for a real challenge, why not try one of Britain’s longest walks? How Far? We’ve listed some of the longest walks …
Making retirement just a break in life’s journey
A government report released in 2013 suggested that 25% of the population would be over the age of 60 by 2033. As we are living considerably longer, the State Pension will not be economically sustainable in its present form. The pension age will eventually rise to 70, or even higher, so you may be working …
Ideal income for a comfortable retirement Revealed
A survey has shown that just 36 per cent of workers believe they are on course for a comfortable retirement, with most falling short of the average £21,120 goal*. …
The Ultimate Top 50 Retirement Bucket List Items
When we reach retirement, it can feel more important than ever to get those remaining items ticked off our bucket lists while we’re healthy and able to! Our retirement years are a fantastic opportunity to fulfil those the dreams we’ve held for many years, but until now, perhaps haven’t had the time or sufficient finances …
1 in 4 set to retire this year with debts
New research has revealed that around 162,000 people will retire this year owing an average of £24,300 in debts. Could pensioner property wealth be the solution? According to an annual survey by Prudential, 650,000 workers are expected to stop working in 2017, with with one in four of them facing years of debt repayment in …
Average equity release amount revealed
A leading specialist in equity release has revealed this week the average amount of money being released by customers from their homes. Bower’s figures show that later life homeowners are unlocking an average of £67,735 from their homes, and the tax-free cash is theirs to spend in any way they choose! …
Kick your finances into shape for 2017
We’re almost half way through January already… hands up if you’ve already broken some or all your well-intended resolutions? Well don’t worry, we’re sure you won’t be alone! Rather than making trendy yet short-lived pledges like dry January, or perhaps resolving to lead a clutter-free lifestyle, wouldn’t it make a longer lasting, more positive impact …
