Retirement
Recommended retirement savings by age
Typically a comfortable retirement is one that allows you to maintain your pre-retirement lifestyle in retirement, so an expert study has set out recommended retirement savings by age based on...
Freebies & discounts for the over 60s | Retirement discounts
You might still be a few years off the state pension age, but if you’ve just turned 60 you could be taking advantage of some fabulous discounts and freebies. You don’t...
How to budget for retirement
Outlining a budget for retirement is one of the first steps in retirement planning. Without it, it's impossible to know how much you need to save for the lifestyle you...
Are you saving enough for retirement?
Worryingly, research has shown that 90% of all defined contribution pension savers aren’t saving enough to enjoy a comfortable retirement. And since a large majority of us Brits have defined...
Lifestyle Planning: create your dream retirement
A huge amount of retirement planning is based around saving for retirement, building that all-important pension point and then, eventually, working out how much is safe to draw down from...
Is Lifestyle creep costing you a comfortable retirement?
A comfortable retirement feels like it should be a right of passage. After years of working hard, you want to be able to enjoy your golden years in relative comfort,...
What is a good retirement income?
Knowing what looks like a good retirement income is one of those tricky retirement planning questions you'll need to answer. If your retirement is a long way off it can...
How to start planning for retirement (UK)
Contrary to belief, retirement doesn’t have to be hard; in fact, with the right planning and approach, it can be an exciting experience. However, it is often oversimplified. Retirement planning...
What happens to your pension when you die
If you have a defined contribution pension, your pension can be passed on to any named beneficiary free of inheritance tax when you die. Ultimately what happens to your pension...
5 Of The Best Pension Lump Sum Tax Calculators
If you’re planning on taking a lump sum from your pension, it is important to understand the tax implications of doing so, especially if you’re accessing your pension at 55...
How can I avoid paying tax on my pension UK?
Let’s face it: no one enjoys paying tax. Fortunately, there are several legitimate ways to avoid paying tax on your pension (without stepping into tax avoidance territory). Ultimately, these come...
How Much Do I Need to Retire at 60 in the UK?
Slow, lazy mornings, sun-filled afternoons with your loved ones and an endless bucket list… Sounds pretty sublime, right? And now that you can access your pension from the age of...
How much can i drawdown from my pension pot?
So, you’re considering drawing down from your pension pot, but you aren’t sure how much you can (and should!) take? It’s important to understand the rules around pension drawdown as...
Can I cash in a drawdown pension?
You’re about to turn 55. On your right is a teetering tower of mortgage repayments, debt and “oh but can’t we just run away to the Maldives?”, and on the...