Financial
Advice and experience to help you support and protect your parents and their rights.
What are the different types of property valuations, and what makes them important?
Collaborative Post There are many different types of property valuations, but knowing which one is best suited to your property can be confusing. In this short guide, we’ll help you navigate which type of valuation you might need and when you would need it. Property valuation The most common type of valuation and the one […]
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Helping a Loved One Plan Their Estate
Collaborative Post It’s a common misconception that a person who has already made a will does not require estate planning. However a will is just one element of a wider and more complex estate plan, including things such as medical care and financial matters. In addition to helping protect the estate for future beneficiaries, estate […]
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How to plan for retirement
Collaborative Post With certain challenges facing the State Pension, it’s essential to secure a stable financial future by planning for retirement. The average life expectancy in the UK currently sits at 80 years, meaning that a comfortable retirement could last two decades or more. With so many factors to consider as you approach your golden […]
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How much does a good retirement cost in the UK today?
Every year the Retirement Living Standards body in the UK publishes its latest estimates of the annual income pensioners need for retirement. They categorise living standards in terms of Minimum, Moderate and Comfortable for single and two-person homes. It’s a very useful report, offering not just headline numbers but detail of how the researchers define […]
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How can we help our seniors avoid the worst of today’s scammers?
Scamming older people out of their precious pensions is nothing new. Some 20 years ago my father, who has never used a computer, was being taken in by rogues knocking on his door and suggesting he needed expensive work done on his house. Sadly, the arrival of the internet brought new levels of opportunity to […]
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Legal Advice for Older Workers in Personal Injury Cases
Collaborative Post As you grow older, the risks at work might not change, but the impact of an accident can be much more severe. If you’re nearing retirement or still actively working in a demanding role, suffering a personal injury could affect not just your health, but also your future financial security. That’s why getting […]
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Are your older family members gambling as a retirement hobby?
Collaborative Post New research suggests that almost one in three retirees in the UK gamble beyond the lottery. Is this worrying for families, or does it not really matter? Carried out by the Gambling Research Glasgow at the University of Glasgow on behalf of Pension Bee, the analysis has found that almost one in three […]
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The importance of financial planning for retirement
Collaborative Post Nobody wants to work forever, but that doesn’t mean you’ll stop needing money. To ensure you have enough money to enjoy your retirement comfortably, you’ll need an effective financial plan in place as early as possible. If financial planning is something you struggle with, or you’re just looking for new methods, we’ve listed […]
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What you need to know about banks and power of attorney and executorship
Having been through the process of trying to work with banks, building societies and other financial institutions as attorneys on behalf of others and executors of wills, our practical experience here at When They Get Older is that this is an unnecessarily difficult process just at a time when you need to move quickly and […]
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Looking After Your Money
Collaborative Post When it comes to your own personal finances, there are all sorts of situations that can arise which can make this a challenge to do right, and you will find that this is something that is really important to think about. The truth is that you can easily look after your money effectively […]
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