30th September 2024 by RetireEasy
Many people are missing out on a valuable boost to their future pension. Could you or your partner be one of them? It’s a little-known benefit, but if you care for a family-member’s child aged under 12, such as your grandchild, you may be entitled to free National Insurance credits to help you top up […]
Read the full article
30th September 2024 by RetireEasy
Just how well prepared for retirement are the nations 4.25m self-employed workers and what can be done to encourage or enable more pension saving? That the knotty problem addressed in a new report led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust. While many rely on other forms of […]
Read the full article
28th September 2024 by RetireEasy
Almost three-quarters (74%) of Brits, both in the UK and abroad, are not on track to retire with sufficient funds to maintain their current lifestyle, reveals a new survey by independent financial advisors deVere Group. The survey results suggest that many people are underestimating how much they need to save for retirement, which could have […]
Read the full article
30th August 2024 by RetireEasy
New figures show that many people have miscalculated how much they would be spending in retirement, with almost a third overspending what they had allowed themselves. The new research from Pension Bee also lifts the lid on what the public think they will need in retirement, depending upon their age now… and the stats show […]
Read the full article
28th August 2024 by RetireEasy
A whopping 81 per cent of UK adults who took part in a recent survey said it was important to them to maintain their current lifestyle after retirement. But how assured were they about achieving that? New research shows that less than half of UK adults are confident they will be able to enjoy financial freedom […]
Read the full article
27th August 2024 by RetireEasy
The majority of higher earners expecting to maintain their current lifestyle in retirement are set for a disappointment according to the latest figures on savings. How much are you hoping to be spending each year in retirement? According to savings and pensions experts HL, if you have your sights set on an income of around […]
Read the full article
30th July 2024 by RetireEasy
New data has revealed just how much you will need to have an annual income to enjoy a “moderate” lifestyle in retirement. The new stats are from Hargreaves Lansdown’s “Savings and Resilience Barometer” and put the cost of a moderate retirement income at £25,000 per year for a single person and £36,480 for a couple. […]
Read the full article
26th July 2024 by RetireEasy
New research shows that a significant proportion of people in the so-called “sandwich generation” find that worrying about their future retirement finances is actually affecting their mental wellbeing, while one in six admit to “having their heads in the sand”. The research from Hymans Robertson Personal Wealth (HRPW), which focusses on those born between 1964 and […]
Read the full article
21st July 2024 by RetireEasy
The NHS does amazing work, but the pressures it faces means that sometimes those with some health conditions can wait longer than they’d like for a diagnosis or treatment. So what are the actual benefits of taking out Private Medical Insurance – especially as you get into your 50s and beyond? RetireEasy has got together […]
Read the full article
30th June 2024 by RetireEasy
How much difference could renting in retirement make to your outgoings… and the amount you need to put aside? New figures reveal all. People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid off their mortgage, according to new analysis from Standard Life, part […]
Read the full article