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Financial

Advice and experience to help you support and protect your parents and their rights.

Managing Your Finances in Later Life – Some Top Tips

Collaborative Post Staying on top of your finances is crucial at any age, but it can be especially important for older people. It helps you retire with peace of mind with enough money to cover your basic needs as well as any unexpected costs. Budgeting in retirement Whether or not you’re accustomed to budgeting, now […]

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The importance of an emergency fund

Collaborative Post You have no idea what life is going to throw at you, particularly as you get older. Being prepared for whatever comes your way is always a good idea, whether it be health concerns, family troubles or money worries. One way to build your financial resilience is to start an emergency fund, which […]

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Retirement Readiness: Managing Medication Costs in Your Financial Strategy

Collaborative Post Healthcare costs have become one of the most significant concerns. For many seniors in countries where healthcare is not free at the point of delivery, medication expenses can pose a substantial financial burden. As a result, it’s crucial for these seniors and their families to proactively address this issue in their retirement planning […]

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A Guide to Government Grants for Pensioners in the UK

Collaborative Post In the UK, around 12 million people are over state pension age, and a significant percentage are on pension credit. These individuals often struggle with escalating heating bills and living in homes with outdated heating systems and insufficient insulation. Navigating financial aid can be a maze, especially when discerning what government grants are […]

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Savings Revival: Strategies for Seniors Who Started Saving Behind

Collaborative Post As we journey through life, financial security becomes a top priority, especially in our golden years. However, not everyone is fortunate enough to start saving early in life. Many seniors find themselves in a situation where they haven’t saved enough for retirement. In such cases, it’s essential to explore strategies that can help […]

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Investing Uncovered – What Moves Index Prices?

Collaborative Post The stock market is a huge investment entity, and one that saw its global market capitalisation across exchanges peak at $112 trillion in July 2023. This market is also quite diverse from an investment perspective too, as it comprises options both in terms of individual equities and so-called “indexes”. Of course, it can […]

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Investment 101: How does market volatility affect investments?

Collaborative Post It is never too late to begin investing your money. In fact, investing can help many retirees to stretch their nest eggs as far as possible, and grow their pot of money intended as inheritance – provided that these investments are safe and stable, of course. That said, investment can be a difficult […]

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A Guide to Helping Your Parents With Their Day-to-Day Financial Management

Collaborative Post Managing day-to-day finances can be tricky enough for anyone. That’s especially true at the moment as the cost of living keeps going up. But it can be particularly difficult for people as they get older. From bills and budgeting to investments and retirement planning, the responsibilities can accumulate and become overwhelming. Helping your […]

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