How will your spending habits change in retirement?
Category: retirement
Category: Life Planning & Lifestyle & retirement & Retirement Planning
Category: Care & Family & financial planning & financing & Life Planning & retirement & Retirement Planning
Category: pensions & retirement & Uncategorized
The new single-tier state pension, also referred to as a âflat-rateâ pension, came into effect at the start of April this year. Whilst it makes the system simpler, as well as increasing the basic state pension from around ÂŁ120 per week to a starting figure of ÂŁ155 per week, the new system is not set to benefit everyone. To find out whether youâre one of the people who will be better off, one of those losing out, or someone who wonât be affected by the changes at all, read on.
Category: pensions & retirement & Uncategorized
Thereâs no doubt that weâre in a time of considerable change when it comes to pensions, with a great many people unsure of whether or not they should take advantage of the new freedoms and how they can best put the new system to work for them. As well as the positive things you can do with your pension, there are a number of things you should probably avoid doing with your retirement funds too.