3 Things About Retirement You May Not Know
When it comes to retirement, people have two diametrically opposed views on what it will be like. The optimistic group...
Category: Retirement
Some Rules to Know about Retirement
Retirement is one of the most uncertain periods of your life. There is just so much suspense. You have no...
How Much Do You Need To Have In The Bank To Retire?
THE STRATEGIC RETIREMENT – ARE YOU PLANNING AHEAD? It’s madness – utter madness. What’s so maddening? Those that understand what they need to do for something to happen the way that they very much want it to, but who are putting very little effort into finding out how they need to go about making it happen. Unfortunately, this is where Americans are at with some estimates concluding that over half of the American population hasn’t even given a second thought to how much they’ll need at retirement. Sure, a great many of them have some kind of retirement plan –...
Rolling Over
If you’re like me and have made several career moves already, you probably have a lot of money sitting around...
How To Start Preparing For Retirement In Your Twenties
With the recent introduction of new government guidelines on pensions, there’s never been a better time to start looking at how to fund later life. The reform includes a new flat-rate state pension worth an estimated £144 per week in today’s money, to provide the UK’s elderly with ‘the minimum’ they will need. If you’re in your 20s, you may feel too young to be thinking about retirement, particularly with the government’s plans to bring the state pension age to 66 by 2020 and 67 by 2028. However, the reform has been established to put more responsibility on the individual...
Nuts and Bolts of the Junior ISA
Saving for your children’s future has never been more important. With the increase in tuition fees hitting this year’s freshers, the cost of University in the future is starting to become clear. And with so many young people struggling to get on the property ladder, it’s never been clearer the need to put some kind of savings plan in place for your kids. For those children born after 2nd January 2011, a junior ISA seems like the ideal option. But, with so many junior ISA providers on the market, all offering different products; which do you choose? Here’s a quick...
Why Life Insurance Matters
Preparing yourself for what happens later in life is important. You can’t be too sure about what’s around the corner, so having something for you and your loved ones to fall back on in extreme circumstances. Building up savings in your bank account could help with that, but a better way to guard your loved ones against future financial instability is to take out a life insurance policy. As a visit to lifeinsurance.org.uk will prove, life insurance is important, but why should you have it? It helps to pay for funeral costs – when someone dies, one of the first...
An Introduction to Annuities
Preparing for retirement can be one of the most daunting tasks we ever undertake in our lives. How are you supposed to set aside enough money to last from when you retire for the rest of your life? There are actually many products available that you can use to help secure a vibrant future! When you have finally saved what you think is enough for retirement, you do not want to worry about the upward and downward movements of the stock market. Some retirement plans or pension plans organized through your employer will invest in an annuity. The annuity will...
Roth IRA March Madness Style!
Shhhhhhhh…..can you hear that….that’s right baby it’s the Roth IRA Movement. So here is how the movement got started; Jeff Rose went to speak at his alma mater and polled the soon-to-be graduating seniors, and not a single one of them raised their hand when he asked if they heard of the Roth IRA. Here we are today a group of about 150 bloggers preaching to the nation and hoping they listen. For my friends following along on twitter it’s: #RothIRAMovement In case you were one of the ones polled, here is what a Roth IRA is: The Roth IRA...