Pensions
Retirement planning is getting harder as cost of living bites
Difficulties in retirement financial planning in the current economic climate are highlighted in the latest Scottish Widows Retirement Report. Contributions are falling, expected retirement ages are rising, and the likelihood of enjoying a ‘comfortable’ retirement is in doubt for some. Here are the key takeaways and recommendations from the report. Pension Contributions and Financial Wellbeing […]
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Understanding Your Retirement Income Needs: How to Calculate Your Retirement Expenses
Collaborative Post Just imagine: you’ve been working hard during your prime of life and now you can finally slow down and live your life. But, unfortunately, 1 in 4 Americans who are 59 or older are nearing retirement with no savings. There can be various reasons, but first of all, such a situation can be […]
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Does the spring 2023 UK budget help our seniors?
The When They Get Older roundup of expert comment Getting older workers back to work – and retaining those who are already there Over 50s are to be offered special apprenticeships – dubbed ‘returnerships’ – and ‘midlife MOTs’, reports ITV News. Chancellor Jeremy Hunt told Parliament that the over 50s should not be considered older […]
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News for you and your seniors January 2022
Here’s a roundup of important updates affecting you and your older relatives, from driving licences to mobile banking and state pensions. A reminder that anyone over 79 should renew their driving licence. It costs nothing but may take longer because, of course, of the effects of coronavirus. A growing number of ‘baby boomers’ are moving […]
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Retirement planning tips for Armed Forces personnel
Achieving financial security should be the goal for anyone planning to retire, including those in the Armed Forces. But moving on to civilian life after decades of service poses many challenges. You can’t rely anymore on the resources provided by the government, which means you may have to navigate benefits, food, and even housing for you and […]
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What’s new in finance and money management for older people? July 2021
Whether you’re helping an older relative or friend to management their finances, or are planning for your own retirement, here are some updates you many find useful. Women’s pensions It looks like the ‘Waspi’ (Women Against State Pension Inequality) generation of women could receive some sort of compensation for their lost pensions after all. The […]
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News and views for older people July 2021
Our latest roundup of news affecting seniors includes the future of social care and caring; banks and fraud protection; funeral plan clarity, and next year’s pension rises. Carers are caring more Over 80% of carers say they have been providing more support recently than before the pandemic, yet the support they rely on has diminished, […]
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Latest news for retirees June 2021
A roundup of important news and views on health, wealth and quality of life for seniors. In this issue: New Alzheimer’s treatment Can you afford to retire? Premium Bonds as a savings option Should the NHS share patient data? Visiting care homes now New vaccination rules for care home workers Latest on scams Greater transparency […]
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News roundup on ageing matters May 2021
Guidance, research, alerts and good news for families with older friends and relations. Updates on UK government guidance on care and coronavirus With May 17th a key date in the easing of lockdown, there are continuing changes to guidance and updates around Covid-19. NHS Test and Trace is making weekly COVID-19 testing available to all […]
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Claiming benefits and allowances for older people and their carers
Older people in the UK can claim a wide variety of benefits to help finance their everyday lives. Some are well-known and easy-ish to claim. Many are not. Here are the key allowances that they or their supporter may be able to claim. Where the process is complex, we’ve added links for you to investigate […]
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