Archive for the 'Retiring' Category

Plan & save for retiring to achieive a realistic income & even give yourself the option of retiring early.

My Money Podcast #114

The My Money Podcast #114 discusses the recent Help Me To Save articles below. listen to ‘`My Money Podcast #114’ on audioBoom Subscribe to the My Money Podcast from Help Me To Save in itunes Earn a £25 Welcome Bonus If You Lend £1,000 on Ratesetter –  Click here to get a £25 credit to your […]

Why You Need to Start Planning for the Future Now

The ‘Preparing for the Future’ infographic from AXA Self Investor highlights a rather alarming lack of financial planning in the UK. I appreciate that it can seem hard enough to stay afloat in the present, never mind thinking about preparing for the future. However, time passes quickly and it’s prudent to get to grips with your finances right now.

Why I’m Concerned by the Proposal to Abolish Class 2 National Insurance Contributions

The UK Chancellor announced the proposed abolition of Class 2 National Insurance Contributions (NICs) during the next Parliament in his March 2015 Budget. Class 2 NICs are paid by self-employed workers at a flat rate of £2.80 per week (for the tax year starting on 6 April 2015). If your self employment earnings are less […]

Tips on Planning for Your Retirement

It seems to me that the average person is pretty bamboozled by the complexity of pensions in the UK. This is borne out by the fact that recent research carried out amongst people aged 55-64 for the financial services company Legal and General  uncovered that: 53% of interviewees said that they had received either poor or no financial […]

My Money Podcast #110

The My Money Podcast #110 summarises the recent Help Me To Save article below. listen to ‘My Money Podcast #110: Recent Article Summary’ on audioBoom Subscribe to the My Money Podcast from Help Me To Save in itunes Can You Make a Quick Profit from a Pension? – I examine how non and low earners […]

Can You Make a Quick Profit From a Pension?

One of the biggest attractions of saving into a pension is you can get tax relief on the payments. You can put up to £3,600 gross (after tax relief) into a pension, even if you have no earnings. If you wish to attract tax relief on higher pension payments, you need to be working and […]

My Money Podcast #109

The My Money Podcast #109 summarises the recent Help Me To Save article listed below. listen to ‘My Money Podcast #109: Recent Articles Roundup’ on audioBoom Subscribe to the My Money Podcast from Help Me To Save in itunes Why I May Start a New Pension –  The forthcoming changes to pension access prompted me […]

Why I’m Looking into Starting Another Pension

I really thought that after buying an annuity following my 55th birthday in Spring 2014, I was done with personal pensions. However, the new freedoms to access your pension pot, due to start on 6 April 2015, have got me thinking about starting a new pension. I need to pay another four years National Insurance […]

A Quick Guide to Pension Investment Options

It’s never too early to begin investing in your pension, but chances are that if you start investing at 30, you’ll have very different goals by 60. Your life will experience many changes as the years progress, and these mean that it’s important to regularly review not only how much you’re putting aside, but also […]

Why You Need to Ensure Your Annuity Rate is Personally Tailored

Many people, upon reaching retirement age and being provided with an annuity quote from their pension provider will automatically accept the rate offered to them. It is a belief that the rate offered to you by your provider is the best annuity rate available to you; yet a study by the Financial Conduct Authority has […]