Waverton

Having a good idea of the lifestyle you want is key. People planning for retirement should think hard about what they want to do when they eventually stop work. It is helpful to have a good idea of the lifestyle you want, how much it will cost and how you are going to pay for it. With so much going…

It’s never too late to think about saving for retirement How much do you think you’ll need to fund your retirement? Of course, the answer to that question will depend on what you want to do when you stop work. Worryingly, almost half of non-retirees (46%) are unable to identify how much they believe retirees receive annually from their State…

Save on your income tax by paying into your pension pot? Sounds too good to be true? Well it’s not and tax law here in Scotland allow those in a higher tax band to save on income tax by paying into their pension. Read on to find out more:   Current Scottish income tax brackets fall as follows:   Band…

Early retirement does not need to be pie in the sky and can be a legitimate option for some people. Retiring early is a goal for many so that you can enjoy life whilst still young and healthy. It does require some early investment, however, and isn’t always for everyone but here are the basics to remember: There are currently…

No one-size-fits-all answer to this question When is the right time to retire? There’s no one-size-fits-all answer to this question – it depends on your personal circumstances. However, there are a few things to consider that may help you decide when the right time for you is. For example, think about your financial situation. Do you have enough saved up…