Category: Retirement

Using your home to fund retirement

13.05.2019

When planning for retirement, it often means bringing together different income streams to suit you; rarely is your retirement income just from your pension. You might also be considering how to use your savings and investments, for example. One way to boost income in retirement that’s growing in popularity is through using property. It’s easy to see why; property prices have increased significantly over the last few decades. For many...

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Your guide to purchasing an Annuity

16.04.2019

Are you thinking about purchasing an Annuity to fund your retirement lifestyle? It’s crucial to understand the product and shop around for the best deal as research suggests that many retirees could secure a better income. An Annuity is a way of creating a guaranteed income throughout retirement if you have a Defined Contribution (DC) pension. Should you decide it’s the right option, the money accumulated in your pension is used to purchase an...

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Planning for your golden years: New experiences top priorities

16.04.2019

In the past, retirement may have been associated with slowing down and taking it easy. But that's no longer the case. Thousands of retirees are looking forward to giving up work to enjoy an exciting pace of life and gain new experiences. With more freedom and choice than ever before, it's becoming more important to plan carefully for the retirement you want. When Pension Freedoms were introduced in 2015, those approaching retirement age were given...

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Why are more retirees using Equity Release?

15.03.2019

Some retirees are finding themselves asset rich but cash poor, impacting the lifestyle achieved. It’s a trend that’s led to an increasing number of people using Equity Release products to unlock wealth currently locked away in property. If you’re looking for ways to boost your retirement income, Equity Release could be an option that helps improve your overall lifestyle and financial security. Equity Release is the term for a range of...

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Retirees have care preferences, but only a fifth plan financially

15.03.2019

The care we may need later in life isn’t something we often think about. But when prompted, most of those over the age of 55 have a clear idea about their preferences. Yet, a lack of financial planning could mean that those preferences aren’t possible. Research conducted by Key unsurprisingly found that the majority (77%) of over-55s would prefer to receive care in their own home, either in their current home (57%) or in one deemed more...

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