Author: Clearwater Financial Planning
Income Needs in Retirement
Income Needs in Retirement Retirement presents a series of opportunities and challenges; a primary concern for many people is ensuring they don’t run out of money. A sustainable, well-structured retirement income strategy is therefore desirable for any retiree. To enjoy a comfortable old age means doing some in-depth thinking well […]
What happens to your pension pot when you die?
If you have money remaining in your pension pot If you die before you take any money from your pension, it will usually be paid as a lump sum to your beneficiaries tax-free. As long as it is less than the lifetime allowance (£1.25million in tax year 2015/16) it will […]
HELP TO BUY ISAS
HELP TO BUY ISAS Many first time buyers struggling to save enough to put down a deposit for their first home will welcome the government’s new scheme to encourage home ownership. Called the Help to Buy Individual Savings Account (ISA), it launches on 1st December 2015. It is designed to […]