retirement

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Should You be Forced to Save for Retirement?

moneybulldog.co.uk

Saving for retirement is something that is high on most people’s to do list, but do you actually do it? New recommendations from the policy exchange seem to suggest that we don’t and it’s believed that if we are going to avoid poverty in our retirement then most people should be saving at least 6 times more than they do! They also said that around 11 million people in the UK are at risk of pension poverty. One of the recommendations they have made is that people should be forced to save for their retirement by removing the opt-out option that currently exists to auto enrolment. They also said that as people’s incomes rise, so should their compulsory pension contributions. But is compulsory pension saving right for everyone and would you be happy if you were being forced to save for retirement?


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MoneyBulldog's picture
12 weeks 6 days ago – Made popular 12 weeks 4 days ago
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7

Filling up your days in early retirement

reachfinancialindependence.com

Have you thought about how you would fill your days in retirement or early retirement? What would you do? Are you afraid of what your relationships would become if you stopped working?


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rfindependence's picture
13 weeks 1 day ago – Made popular 13 weeks 1 day ago
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6

Pay off Debt or Save for Retirement?

girlmeetsdebt.com

Pay off debt or save for retirement is like picking between Team Britney or Team Christina. (Young GMD was Team Britney but Current GMD is Team Christina in case anyone was curious!)


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modestmoney's picture
13 weeks 5 days ago – Made popular 13 weeks 4 days ago
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7

3 Easy Financial Resolutions Worth Doing

novelinvestor.com

Here are three easy financial resolutions worth doing this year. Once done, you’ll be more prepared financially than most people.


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peterphunk's picture
14 weeks 5 days ago – Made popular 14 weeks 4 days ago
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5

To Retire, or Not to Retire: That is the Question

www.modestmoney.com

Age is relative. We are told that 60 is the new 40, and we read stories about how people are finding a new lease of life in their later years.


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modestmoney's picture
16 weeks 15 hours ago – Made popular 15 weeks 2 days ago
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5

Year End Financial Review To-Do List • Novel Investor

novelinvestor.com

A year end financial review is a great way to take stock of your money goals each year, see what worked, what didn't, and make adjustments for the new year.


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peterphunk's picture
19 weeks 5 days ago – Made popular 19 weeks 1 day ago
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6

How to Figure Out How Much You Need for Retirement

financialhighway.com

One of the most important things you can do for your future is to save up for retirement. But, before you start investing, you need to have a good idea of how much you are likely to need.


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MMarquit's picture
19 weeks 5 days ago – Made popular 19 weeks 5 days ago
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6

At what age should you be allowed to retire?

moneybulldog.co.uk

As the Chancellor today reads out his Autumn statement one of the main points that will stand out to many people is the increase in the state retirement age from 65 to 68 years old being brought forward to the mid-2030′s, with the possibility of it rising even further by the late 40′s. (Is it just me or does it seem a little weird talking about the 40′s in the future tense?). I know that the year 2046 may seem a long way off right now but the move will affect millions of people in their thirties and forties and there is no guarantee that these dates won’t be moved even further forward in the coming years. With this in mind then it did get me to thinking, what age is it reasonable to expect a person to work until?


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MoneyBulldog's picture
19 weeks 5 days ago – Made popular 19 weeks 5 days ago
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6

Annuities: Retirement Vehicle Of The New Economy

moneybulldog.co.uk

During these difficult economic times many of us are being forced to “retire” on anemic pension incomes or lump sum payouts that may buy survival but nothing close to the retirement we dreamt about. Although the prospects for a better economy are lean, there are ways each of us can improve our situation through annuities.


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MoneyBulldog's picture
19 weeks 5 days ago – Made popular 19 weeks 5 days ago
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5

Why I Will Not Leave an Inheritance

reachfinancialindependence.com

This is a guest post from Snarkfinance. Talking about the concept of inheritance is similar to running a marathon and then having to walk home.


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rfindependence's picture
19 weeks 6 days ago – Made popular 19 weeks 5 days ago
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