Is your pension forecast too optimistic? Why you need to look beyond the headline sum
When you review your pension, it’s likely to be the forecast that you focus on. This figure is designed to give you an idea of how much your pension will be worth when you reach retirement age. However, the sum is based on certain calculations, and a report suggests some results could be too optimistic, potentially leaving you with less money in retirement than you expect.
Retiring in 2021? Planning is key as two-thirds risk depleting their pension savings.
If you’re planning to retire this year, do you know how long your pension will last? Your pension savings will have an impact on the lifestyle you can afford and your financial security later in life. Yet, research indicates that two-thirds of retirees risk running out of money.
5 reasons you should still open an ISA
The Bank of England interest rate has been below 1% for 12 years. If you’re a saver, you may think there’s little point in shopping around for the best deal or opening an ISA. But there are still valid reasons for making the most of your ISA allowance.
10 of the best UK beaches to relax on this summer
You don’t have to go abroad to find beautiful scenery. If you want to relax on a beach, heading to Spain or further afield is likely to come to mind first, but the UK is home to some incredible beaches that are perfect for a summer trip.