The pros and cons of downsizing
If your kids have grown up and flown the nest and you’re moving closer to retiring, it’s likely that you’ve at least thought about downsizing your home. For some it can be for practical reasons, for others it might be a wish to be closer to their children if they’ve…
Highlights from the Lonely Planet ‘Best in Travel 2018’—ready to rewrite your bucket list?
We all have bucket lists of one form or another and high up on a great deal of people’s lists are a variety of travel experiences. Travel allows us to experience other climates, other cultures, to meet new people and broaden our horizons overall. Particularly now that you’re in or…
Taxes set to increase for baby boomers?
New research has suggested that those in the baby-boomer generation should be ready to pay higher wealth taxes in order to pay for healthcare expenses likely to rise sharply in the near future. According to think tank the Resolution Foundation, this could indicate the end of the tax cuts in…
Speaking about your will—don’t be one of the 93%
A National Savings and Investments (NS&I) survey has revealed only 7% of people have talked to their parents about inheritance. One of the key parts of planning to leave an inheritance is to speak about it. This is clearly not an easy subject and it may be a good idea…
The ISA closing date approaches: taking advantage of your allowances
It might feel as though the year has only just begun, yet the month of March is already upon us! That means that spring is on the way. It also means that the Individual Savings Account (ISA) cut-off date of 5th April is fast approaching. ISAs are tax-free savings accounts…
Four saving habits of millionaires
There are no certainties or easy wins when it comes to attaining self-made millionaire status. However, it can’t hurt to look at the financial habits of those who’ve achieved just that to try and build up your own resources. Here are our top tips from observing those who’ve become millionaires…
Four ideas for keeping your books in order in 2018
Whether you’re the kind of person who prides themselves on having their accounts in order every year, or you’ve just had yet another eleventh-hour rush to submit your tax return before the deadline at the end of January, the beginning of a new calendar year is a fantastic time to…
Hints that interest rates may rise
Data issued at the end of January showed that the final quarter of 2017 saw the economy grow by 0.5%. The Bank of England has now hinted that the speed of interest rate rises could accelerate if the outlook stays positive. While Mark Carney and his colleagues voted to keep…
How to combine retirement, job satisfaction and work/life balance
Two of the main fears faced by employees when they reach their 50s and 60s are those of getting job satisfaction and a work/life balance. Recent studies have offered fresh insight into the reasons behind these issues and the best ways to deal with them. One study carried out by…
Top tips for retiring well
Your retirement should be something you look forward to: a time when you can reward yourself for the years of hard work you’ve put into your business or career, your family and whatever else you’ve devoted time on throughout your working life. But retiring well can be more difficult than…