Q. I have just retired from dental surgery after 35 years hard work, and plan to really enjoy my retirement years by travelling a lot to far away places. With my NHS lump sum and cash from selling my practice I have a large sum of money to invest. I want to put money into the [...]
Your Retirement – What Will You Actually Do?
October 14, 2009 By
When we start working with a new client who’s, say, aged 50, its always interesting to get down to what they want to aim for in life. After all, if life is not about thoroughly enjoying doing things you love most, what is it about? So when the ‘Retirement Reality’ study from an insurance company [...]
Summer Ends & Seminar Season Begins…
October 8, 2009 By
No doubt you’re fully back into work as the nights get colder and darker. I know, but don’t worry, next summer will soon come around The last few months have been hectic. Apart from client work, we have a number of events lined up between now and the end of the year: On October 8th [...]
NHS Pensions Added Years- How To Purchase – Hot Topics Q&A
September 8, 2009 By
Q. I’m aware that I’m not going to accrue the full 40 years in the NHS Pension Superannuation Scheme as I did not qualify until I was aged 25. I’ve heard about buying ‘added years’. Can you tell me how to go about this? A. Until April 2008, buying added years was available. Many people [...]
Financial Planning – The 10 Key Questions To Ask Yourself
September 4, 2009 By
No matter what stage of career you’ve reached, or even if you’ve retired, there’s a number of key questions that you should be able to answer to give yourself the confidence that you’ve addressed all the important areas of your financial planning. So, today, I’m going to run through the key areas that we run [...]
Attitude To Risk – Make Sure You Get It Right! – Hot Topics Q&A
August 18, 2009 By
Q. I have recently had a windfall from an inheritance. After paying off all debt, I have a substantial sum left which I want to invest over say 15 to 20 years to help towards my retirement. This is a new one for me as I have never seriously invested before, so I thought it sensible to [...]
Retirement Income – How Much Do We Need? – Hot Topics Q & A
August 6, 2009 By
Q. If we were to aim for a pension of approx £15000 per year, what total pension pot + savings would we need to aim for in our pension planning at age 60? A. Thats a tough one, as it will depend upon various factors. Two of the main options to consider are annuity rates on pension [...]
Income Tax Rises 2010 – Will You Be Affected?
June 11, 2009 By
Large rises in income tax are due to take effect from next April for people earning over £100,000. New rates of tax were announced by the Government in the recent budget and they are going to hit many of our clients hard! This is because our clients tend to be higher earners, with many in [...]
State Pension – How Much Will I Receive? – Hot Topics Q & A
May 23, 2009 By
Q. I am aged 64 and my wife is 57. We’ve been thinking about our retirement plans and, in particular, how much we’re entitled to from the state pension. As far as we’re aware, we have both accrued full service histories for the state pension. Can you help? A. You will be entitled to your [...]
UK Dentists & Doctors – How Much Is Enough For Your Retirement?
May 7, 2009 By
Regular readers of our newsletter will probably recognise the words Cash Flow Forecast (Financial Map or Sat Nav), as we often refer to this when talking about how we help doctors and dentists work out: What they really want to achieve in life? What is this going to cost and when? How does this look [...]
