All or nothing? Three reasons to keep (some of) your pension invested
One in ten people who plan to retire this year expect to withdraw their entire pension savings as one lump sum, according to research by Prudential. Is that a bad thing? It could be. While…
How long will your pension last? Five tips to maintaining your retirement income
28% of retirees could see their pension fund run out long before they die, according to the Pensions Policy Institute and Legal & General. Why? There are several major factors which affect how long your…
Will you still be paying your mortgage at 70?
Research from Aegon has revealed that 14% of people believe that they will still be paying off their mortgage when they turn 70. The report suggests there are several reasons why people may be forced…
Avoiding pitfalls as pensioners pay more than £24 billion in tax
In 2015/16, 6.87 million pensioners paid an average of £3,522 each, in tax, according to Royal London. That’s a total of more than £24 billion. What affects the amount of tax you pay? According to…
How to make pensions work if you are self-employed
One in seven UK workers is self-employed, which is unsurprising given the attractive perks of the job. The ability to set your own hours, determine your own salary and take orders only from yourself is…
Pretirement: Why work during retirement?
‘Pretirement’ might sound like an early retirement, but it’s anything but. In fact, ‘pretirement’ is a term coined to describe the act of easing into retirement; or working beyond State Retirement Age. This could be…