What happens to your equity release plan when you die?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE All lenders approved by the Council for the release of equity now offer a guarantee without negative equity. This means that the lender will ensure that borrowers will never owe more than the value of their home, no matter what is happening in … Read more

How to ensure that your pension lasts 20 years – and pay less taxes

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Longer life expectancy, higher cost of living and falling annuity rates mean that careful planning is needed to ensure that even significant pension pots last. A single retiree According to the Pensions and Lifetime Savings Association, he needs an average of £ 10,200 … Read more

In your 50s or 60s? Your complete financial retirement plan

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Savers need their pensions to provide £ 12,548 a year, which in addition to the average state pension of £ 8,060 would bring them £ 19,000 in personal income tax. This would be sufficient to cover urgent needs and regular short-distance holidays, leisure, … Read more

How to avoid the trap of capital gains tax in reducing

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Record house prices and rising demand for detached family houses means that many homeowners who are reducing their housing numbers will receive huge unforeseen profits when sold. But the money generated could be significantly less than they calculated. The capital gains tax trap … Read more

How much does a comfortable retirement really cost?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A luxurious life would cost one person £ 31,000 a year or £ 41,000 for a two-member household. report found. Someone who could receive that income could afford both an “essential” and a “comfortable” standard of living, as well as longer or longer … Read more

Annuity or drawing: what is best for £ 100,000, £ 500,000 and £ 1 million pension

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A 65-year-old with a £ 100,000 pension who spent the entire pot to buy an annuity would receive an annual fixed income of £ 3,860. If they opted for a drawing strategy, they could receive a much higher income of £ 6,747 each … Read more

How much should a financial advisor cost – and when should he give it up

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A financial advisor can be worth its weight in gold in making some of the most important decisions in life. After such a turbulent financial period, customers now more than ever want value for money in managing their money. Nevertheless, advised clients are … Read more

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