Retiring comfortably is the goal for many people. Once you get to your 50s, it’s crucial that you start making plans to help you achieve the goals you have for retirement. Whether you plan to kick back and relax, travel the world, or spend time with family, you will need to be healthy, both financially and physically, to get the most out of your golden years. Preparing for retirement can take a... Source ..read more

It has been reported widely that the economic impact of C19 pandemic and associated lockdowns has had a significant impact on employments levels, so you might be surprised to learn that employment among the over 50s is actually on the rise. According to ONS data, unemployment among 50-64 year olds rose by 4.1% between October and December 2020. Many people in their 50s have used the opportunity... Source ..read more

We can debate the definition of a ‘comfortable retirement’ but this new survey from NetCredit suggests that it might pay to change country (or maybe even continent) if you want to make your money go further. According to the research, in the US or UK you’re going to need over half a million dollars in the bank to enjoy a comfortable retirement. The most expensive country in the world to retire is... Source ..read more

Retirement requires a lot of planning, now more so than ever before. We’re not just talking about how you’ll save money, but also how you’ll spend it. Because if you don’t know what you’re going to spend your money on how are you going to know how much you’ll need to be able to live comfortably? Comfort is, ultimately, what retirement should be all about and to be able to live in comfort you’re... Source ..read more

It’s a scary thought that your will could be invalid, but it happens often, especially when an individual hasn’t received legal advice. Equally the temporary legalisation of witnessing wills via video has thrown-up further opportunities for this process to go wrong. If your will is invalid, this could mean your loved ones, friends or family, charities or other individuals may not benefit from your... Source ..read more

In a year of cancelled weddings even more couples are cohabiting, but if things don’t work out, how do you protect your financial future? Zoe Bailey, Financial Planner and Director at wealth management experts Tilney, says that ‘while divorce can be financially very damaging, so too can separation for unmarried, cohabiting couples. It’s a common misconception that people living together are... Source ..read more

There are plenty of issues to think about when you get divorced. Pensions aren’t usually one of them. But that could be a costly mistake. One in four people who divorce is over 50 years old, and this age group is more likely to suffer a financial impact on their retirement as a result. New research from Legal & General Retail Retirement has found an unwillingness to face up to financial reality... Source ..read more

It used to be the middle-class dream. Retire in your mid-50s with sufficient money to spend the latter decades of your life enjoying the pleasures of the golf course, regular exotic holidays and maybe a little charity work to keep the brain ticking over. And you could also justify your decision that your departure from the workplace was freeing-up space for the next generation. That was then... Source ..read more

There are plenty of issues to think about when you get divorced. Pensions aren’t usually one of them. But that could be a costly mistake. One in four people who divorce is over 50 years old, and this age group is more likely to suffer a financial impact on their retirement as a result. New research from Legal & General Retail Retirement has found an unwillingness to face up to financial reality... Source ..read more

It used to be the middle-class dream. Retire in your mid-50s with sufficient money to spend the latter decades of your life enjoying the pleasures of the golf course, regular exotic holidays and maybe a little charity work to keep the brain ticking over. And you could also justify your decision that your departure from the workplace was freeing-up space for the next generation. That was then... Source ..read more