With an increasing number of people feeling almost 'forced' into early retirement due to the current economic climate, many are questioning "how long does a pension last?" The ideal answer will of course be: "as long as you do" but with an average life expectancy in the UK of 81.26 years, retiring early could [...]
In the podcast I discuss why it's so crucial for your pension to perform well in the long term, and how a negative or positive flux could impact your future. Listen To The Podcast Watch The Video Recording Key Takeaways [...]
If you are struggling financially at the moment it can be very tempting to either reduce or completely pause your pension contributions, afterall, you can always make it up later – can’t you? The truth is, no, not always and the impact on your retirement income could be significant, especially given the rise in [...]
Starting to save early for retirement is very important. For most people in the early stages of their lives, perhaps in their first or second job or just starting their own business, retirement is something that's too far away to think about. Yet, when it comes to saving for your retirement, the earlier [...]
Let's face it, tax is not an exciting subject, but spending a bit of time reviewing year end tax planning strategies could have a dramatic affect on your personal finances. The financial year for tax purposes runs from 6th April to 5th April the following year and the goal of this article is simple: [...]
In this podcast episode, I cover two vital topics: How to access small cash sums from your pension pot The pros & cons of cashing out your pension entirely if you wish to do so Key Takeaways For each cash withdrawal, the first 25% is tax-free. [...]
In this podcast episode, I look at the ever-more important topic of pension freedoms, with a particular focus upon the decisions you need to make in order to access your pension pots. Key Takeaways Those aged over 55 now have a far greater freedom of choice [...]
Flexible retirement income is becoming an increasingly popular way of ensuring your money works for you in your retirement. This week's Tony Talks Wealth episode takes you through how it works, and why it might be the financial answer you've been looking for. Key Takeaways Flexible [...]
Everyone wants to make the most of the money they have for retirement, and to generate more income from the investments and schemes they’ve chosen. In this week’s podcast, I talk through the best ways to approach investments once that you’ve stopped earning a salary. Key Takeaways [...]
Staggered retirement is becoming an increasingly popular option for people who aren’t quite ready to leave the world of work, or who may not yet be in a position to do so. But how can we ensure we make the most of this option when the time comes? This week's Tony Talks Wealth episode [...]