Worldwide Financial Planning

IN MARCH 2018 I wrote an article entitled 'Mortgage Stress Test at Seven Per Cent'.

I’VE covered the key psychological plans for retirement and what income you may need in retirement, so here, in my third column covering retirement, I’ll look at some of the options available to those with a personal pension.

IT seems like just the other day I was doing my pensions exams, but that was actually 35 years ago.

FOR many of us the ‘coming up to retirement’ has many stress points to it.

IT was ‘death by taxes’ last week, and a nod of the head to all the secondary charges we never had before (city car parking, hospital car park charges, council tax et al).

THIS should be my last column on the current inflation hoodwinking, which I hope has been helpful.

LAST week, we covered inflation and some of the drivers for it, mainly corporate greed.

FOR the most part, society looks at this as being ‘out of their control’ and the numbers are as meaningful or interesting as a party-political broadcast, whilst eating last night’s cold chips.

FOLLOWING last week’s column on targeted pension strategies, in which I mentioned annuities, I thought I would cover the difference between annuities and pension drawdown.

I’LL make no bones about it, if pensions aren’t your thing, this may not float your boat.