When will you retire?

  • By Sarah Sheard
  • 04 Dec, 2017

 In the past people tended to work until a retirement age set by their employer or the State. But you can now usually work for as long as you want and you don’t have to retire all in one go for example you could change your work pattern.

I f you are considering taking your pension early you should understand how doing so will reduce your retirement income and make sure you have what you need for the whole of your retirement.

The longer your retirement, the longer your retirement income needs to last. If you wish to discuss planning for your retirement please contact us on  01226 323000.

This is a financial promotion.

The value of your investment can go up or down.



By Sarah Sheard 08 Dec, 2017

Does this sound familiar?

The average UK worker is going to pass through the books of several employers during the course of their working life. With the best of intentions, they may have started a new pension with each employer. Now, with employees being automatically enrolled into a pension, they may have even more pension savings plans.

But when they move on to pastures new, they forget about their old pot, or perhaps don't know that they can transfer their pension with t hem. So the old plan gets left behind, still growing maybe – but not as productive as it could be.

Over years of working you might accumulate one, two, three four or even more neglected pensions that could all be doing better for you?

If this is you, and you would like to discuss the pensions you have, please contact us on Barnsley 01226 323000

This is a financial promotion.

 

The value of your investment can go up or down.

By Sarah Sheard 07 Dec, 2017
By Sarah Sheard 06 Dec, 2017

Do you think the State Pension will be able to provide anything more than a basic income or pocket money when we come to retire – hardly the reward you want after a long working life, so ask yourself, “when was the last time I reviewed my pensions” and if you can’t remember it may be time organise a review, if you would like any help please contact us on 01226 323000

This is a financial promotion.

The value of your investment can go up or down

By Sarah Sheard 05 Dec, 2017

How much do you need to live on in retirement?

There are two key questions to consider:

  • How much money will I need in retirement?

  • How much money will I need to save in advance to deliver that income level?

    Priorities change slightly as you move through your retirement years. People tend to spend relatively less on food and drink, and housing payments as they get older, but possibly more on recreation.

    This is because as you might have paid off the mortgage, you will no longer be bringing up children, but you have to take in to account expenditure and some luxuries, such as European holidays, hobbies and eating out. Travelling and holidays are a very important part of retirement for our members.

    I you would like to discuss saving for your retirement, please contact us on 01226 323000

    This is a financial promotion.

    The value of your investment can go up or down.

By Sarah Sheard 04 Dec, 2017

 In the past people tended to work until a retirement age set by their employer or the State. But you can now usually work for as long as you want and you don’t have to retire all in one go for example you could change your work pattern.

I f you are considering taking your pension early you should understand how doing so will reduce your retirement income and make sure you have what you need for the whole of your retirement.

The longer your retirement, the longer your retirement income needs to last. If you wish to discuss planning for your retirement please contact us on  01226 323000.

This is a financial promotion.

The value of your investment can go up or down.



By Sarah Sheard 30 Nov, 2017

Is pension freedom right for you?... when its gone it's gone!

Pension freedom means it is up to you to make sure your pension savings last as long as you need them to. Typically this could be between 20 and 30 years, or even longer, so even if you have a sizeable pension pot it could be a real challenge. This is why it’s so important to seek advice please contact us if you would like to discuss further on  01226 323000

This is a financial promotion.

The value of your investment can go up or down.

By Sarah Sheard 29 Nov, 2017

Do you have several pension polices and lots of complicated paperwork? Why don't you talk to us about it, contact us for an appointment on 01226 323000

This is a financial promotion.
The value of your investment can go up or down.

By Sarah Sheard 27 Nov, 2017

Your pension could have a big impact on how you live your life in the future. So, if it’s not performing how you need it to then the sooner you review your pension and make any necessary changes the better, whatever stage of life you are at.


By Sarah Sheard 24 Nov, 2017

We are now on Facebook, check out our page when you are next on Facebook, you can like us and follow us too.

This is a financial promotion.

By Sarah Sheard 23 Nov, 2017

The Chancellor delivered his first Autumn Budget yesterday.

The following brief overview are a couple of main points set out in the budget.

Confirmation that the State Pension and lifetime allowance will increase by 3% from April 2018.

The immediate abolition of stamp duty for first time buyers on the first £300,000 of properties up to £500,000 (not Scotland).  

ISA threshhold this will be £20,000 for 2018/19. For Junior ISAs the threshold will rise in line with the CPI to £4,260.

Income Tax The personal allowance will rise to £11,850 in 2018/19. The higher rate threshold will increase to £46,350 (with the exception of Scottish tax residents).

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