Retirement Planning
The Impact of Market Volatility on Target Retirement Funds
Let’s start with an interesting, if not concerning, fact about pensions and target retirement funds. A recent survey showed that 19% of savers have never checked the value of their pension. Did that surprise you? You need to know the value of your pension fund to make it easier to plan. Your pension assets should […]
Posted in Retirement Planning
Trend Towards Long-term Mortgages Could Hit Retirement Income
A recent freedom of information request to the Bank of England has revealed a worrying increase in the number of homeowners who will still be repaying their mortgages in retirement. Even though homeowners will have a significant asset on their hands once their mortgage has been repaid, very few today would have been planning to […]
Posted in Mortgage, Pensions, Retirement Planning
Tips To Save For Retirement
When looking at retirement, our attention is naturally drawn towards pensions, which, for many people, will be their largest source of income in later years. However, there are other ways to save for retirement in a cost-effective and tax-efficient manner. As with any savings/investment plan, the sooner you start, the greater the potential returns. […]
Posted in Retirement Planning