Making your retirement savings last a lifetime
Posted by Andrew_Smith on Tuesday 4th of April 2023
To help ensure a sustainable income, you first need to understand how much you’ll need to live on.
- On the go – during the early stages of retirement, there’s a strong likelihood that you’ll spend more on travel, hobbies, or home improvements
- Slowing down – while you may be slightly less active, you’re still busy with hobbies, but you may be less inclined to long-haul travel
- Coming to a stop – in later life, your mobility may be more limited, and you may require care.
Structuring a sustainable income
The most efficient retirement in...
It’s been a difficult year for investors so far. Inflation and political uncertainty have led to market volatility.
Posted by Andrew_Smith on Friday 31st of March 2023
Market volatility can be scary, especially if the value of your investments drops, but it’s important not to let fear guide your decision about whether to stay invested in your portfolio. Here are three reassuring reasons for staying invested in the stock market during uncertain times.
1. The best financial decisions are not based on emotion
Emotions can play a big role in your financial decision-making if you aren’t vigilant. The thrill of seeing your investments increase in value can quickly be replaced with panic and fear when the value d...
Spring Budget winners and losers
Posted by Andrew_Smith on Thursday 16th of March 2023
The Chancellor, Jeremy Hunt, has delivered the next part of his plan: “a Budget for long term and sustainable growth”. Read on to find out who were the winners and losers from the 2023 spring Budget.
Winners
Over-50s returning to work
In his speech, the Chancellor said that “older people are the most skilled and experienced people we have”. So, he announced steps to make it easier for those over 50 to work for longer.
Firstly, the government announced an enhancement to the “midlife MOT” strategy – offering reviews to help individuals take ...
Autumn statement 2022: what it means for you
Posted by Andrew_Smith on Wednesday 23rd of November 2022
After several months of economic and political uncertainty the new chancellor, Jeremy Hunt, has delivered his autumn statement.
With announcements relating to energy bills, Income Tax, the State Pension, tax allowances, and Stamp Duty, there are plenty of ways your finances could be affected in 2023 and beyond.
Here are the key points of the autumn statement and what they mean for you.
You may pay more Income Tax in 2023/4The chancellor’s announcements mean many millions of workers are likely to pay more Income Tax over the next few years...