While many pension experts will give you ‘rules of thumb’ to save for retirement, the truth is that the kind of pension pot you will need is completely dependent upon your individual circumstances. Planning There are, however, some basic steps that you can take to start planning how much you should be saving. The most...
Someone once said that the greatest power in the world is the power of compounded interest. This is the interest that is put on top of the principal so that the interest then starts earning interest. Through compounding, your money can grow much faster. If you want to become financially free then this is your...
Retirees in the UK have been dealt some heavy blows recently. With state pension age set to rise, shrinking company zzz, and fallen annuity rates likely to fall further still, it can seem like a tough world for many of those reaching retirement age, especially if you are looking for a comfortable retirement income. To...
When companies are looking to downsize but would rather not lay off workers, they often offer a corporate pension buy-out (for companies in the private sector) or civil pension buyouts (for those in the governmental sector). Buyouts typically do not offer as much money as early retirement options, but they can still be invaluable to...
America is busily preparing for the expected rise in retirees as more baby boomers exit the workforce each year. As such, many of our financial gurus are gearing up to help educate and prepare this segment of our population towards maintaining financial solvency and independence for longer periods of retirement. Preparing your budget for your...