What will you be doing this time next year? Will you still be at your desk counting the days until you finish for the Christmas break? Having to work between Christmas and New Year?
Cruises in the Caribbean. A quiet house by the sea. Whatever your plans, an early retirement means you have more time to spend doing the things you love.
0 Comments Click here to read/write comments
Being offered the chance to transfer a defined benefit (DB) pension into a defined contribution (DC) scheme means making a big decision - one not to be taken lightly. What’s more, if you decide to transfer, there’s no going back. This means it’s incredibly important that you fully understand the implications of your final decision, whether it is to stay in your DB scheme or to transfer out. You may be offered a financial incentive to transfer out. It is important to carefully evaluate this incentive before you transfer out.
0 Comments Click here to read/write comments
Topics: final salary pension, pension, Defined Benefit Pension
Being financially prepared for retirement is essential. If you’re not, the later life dreams you’ve been working towards for your entire life might end up being just fantasies. Consider getting financial advice because how you choose to manage your savings and pensions will have a large bearing on your future happiness and stability.
0 Comments Click here to read/write comments
Topics: money, retirement
Years ago, people who worked for big firms built up a company pension based on how long they had worked for the firm and how much they earned. In these much simpler days, beyond a certain point, people didn’t have to think much about their pensions. The pension they would receive was guaranteed by the rules of the pension scheme and was set in stone from the moment they retired. These are known as defined benefit pension (DB) schemes.
0 Comments Click here to read/write comments
Topics: final salary pension, pension, Defined Benefit Pension
This is your number - a very important figure to know. When you reach it, you can comfortably leave work, safe in the knowledge that you will have the required income. The hard part is getting a number that takes into account the potential for your circumstances to change.
0 Comments Click here to read/write comments
Topics: money, retirement
Taking greater control of your retirement plans for the future.
0 Comments Click here to read/write comments
Topics: Guides
