Business, by its very nature has many ups and downs, and these are natural occurrences that any owner will expect and account for. The one crucial time you need things to be on the up however, is during the period of time in the run-up to your retirement. As you start to run out of… Read more
Viewing posts tagged with: retirement
A lifetime of savings part 3: saving money in your 40s
Following up with this lifetime of savings series, we have talked about how to save money in your 20s and how to build solid foundations for your adult financial life, as well as the smart money moves one should make to save money in your 30s. Now let’s see what should be tackled in your… Read more
Savvy Scot does the carnival of retirement
Good morning and welcome to the carnival of retirement, a selection of great posts related to retirement. For more information you can visit www.carnivalofretirement.com and submit your post for the next edition on Blogger Carnivals. Enjoy! Wayne @ Young Family Finance writes Forget the Past and Focus on the Financial Future – You can’t go… Read more
Get the most out of your Retirement Accounts in 2014
Anyone who’s engaged in contributing to a retirement account already knows that they allow you to take advantage of several excellent tax breaks as well as, in many cases, employer matching programs that add to your “nest egg”. In order to take full advantage of these tax breaks, and the considerable amount… Read more
Beating the Taxman: Why a VCT Could Reduce Your Tax Liabilities
A combination of stagnant economies, low interest rates and modest returns from under-performing investments has made the need to minimise tax liabilities more acute than ever before. People saving for their retirement or trying to build a successful financial portfolio have a range of options available to them when it comes to beating the taxman,… Read more
Top 5 Reasons to Lie on Your Life Insurance Application
It’s an uncomfortable subject in many circles, but the undeniable fact is that lying is a powerful tool. Unvarnished realities are often more of a hindrance than a help in many social situations, and some even extend this economy of truth to their official dealings such as filling out a life insurance application. In case… Read more
Start Investing Using the Time Value of Money
Investing can be a difficult goal to get started. Many people make shaky commitments to start investing if and when their disposable income increases.The savings from trimming certain expenses may seem too small to make a difference for retirement planning. These oversights can be avoided by understanding the time value of money. In basic terms,… Read more
The key to a comfortable retirement
Those days, it is getting more and more likely that you won’t be able to count on a government pension, if you are in your thirties or under. The retirement age keeps getting pushed back, and with a growing number or retirees who are living longer and longer, there may not be enough funds… Read more
Do annuities make sense for retirement provision?
It’s something millions of us are encouraged to do as soon as possible, but can saving for retirement really make a difference? In short, the answer is yes. Even setting aside a seemingly negligible amount of out monthly or weekly pay packet of, say, £5 or £10 a time can add up over time. Saving… Read more
How will Changes to the State Pension Age affect you?
The State Pension Age is the age at which you are entitled to start drawing your state pension. It used to be 65 for men and 60 for women but, with public finances being squeezed and more people living longer, this is set to change for almost everyone. For women born before 6 April 1950,… Read more
How Much is Enough?
To those of you who entered my competition to win a share in the Euromillions £100M prize fund last week – bad luck – we didn’t win. In fact, nobody won. The jackpot now stands at: £119M – Wow! What an unimaginably large sum of money! I am sure that everyone has at some point… Read more