Welcome to our lifestyle section. This has nothing to do with money and everything to do with how to get the most out of your retirement.
Retirement Tips
There’s a lot to consider when you retire. Here we explore paying more into your pension, reviewing where your pension fund is invested and paying off any debt.
Long term care – thinking the unthinkable
Few people can imagine spending their final years in a care home. Most of us prefer to believe it won’t happen. Let me give you some good news: The majority of people don’t end up in a care home.
Alternative Solutions: QROPS
What on earth are ‘QROPS’? A ‘QROPS’ (Qualified Recognised Overseas Pension Scheme) is a relatively new concept. It is a scheme that has been approved by the HMRC and can be advantageous for people retiring abroad. A list of qualifying schemes can be found here: A QROPS is a pension scheme set up outside the [...]
Create a sense of purpose
Before retiring many people have a romantic idyll of what retirement will be like. Free from the shackles of working 5 days a week, they can do whatever they choose to do. This sense of liberation and independence can be a powerful motivator, but simply escaping the workplace won’t make you happy.