In last week’s post, I looked at the rule of thumb for retirement income, and concluded that 2.7% of your retirement savings might be a sensible starting point, but it doesn’t feel like very much! The good news is that it is possible to increase the amount you can withdraw over and above the standard […]

We all know the formula E=MC2, but few of us can explain Einstein’s General Theory of Relativity. You’ll be pleased to know that you don’t need to be Einstein to work out how much you can take out of your retirement savings. However, if you use the headline rule of thumb to determine how much […]

As you might imagine, this is a question we are asked almost every day. It gets asked in a variety of different ways – “are we spending too much?”, “can we afford to give money to our children?”, “will we be comfortable in later retirement?” – but it often boils down to the same thing. […]

I could have titled this blog post why retired couples should take an extra holiday next year! It’s well known that we are all living longer, and whilst the rate of increase in life expectancy has slowed in the last few years, average life expectancy is still increasing. From 2011 to 2016, average life expectancy […]

Retirement can last a long time. Average life expectancy for a 60 year old man is 26 years, but there is a 1 in 4 chance that a 60 year old will live until 94 (according to the Office for National Statistics). And once you have retired, it is pretty difficult to go back to […]