In this update: Navigating the Unknown: Why Market Uncertainty is perfectly normal If you have followed these posts for a while, you’ll have noted I have addressed the fundamental reality that all investors must eventually embrace – that is that uncertainty is not just a temporary...
Welcome to Retirement So, you’ve worked hard and saved £500,000 in your retirement pot! Congratulations, that’s no mean feat! But there’s a problem. We can often identify with the allure of such a large sum of money and can be persuaded to think we have won...
In this update: Cognitive Biases in Financial Planning and Investing The Role of Independent Financial Advice Cognitive Biases in Financial Planning and Investing Cognitive biases are systematic patterns of deviation from norm or rationality in judgment, which often affect financial planning and investing decisions. These biases can...
In this update: The importance of time when investing. The importance of an emergency fund. Balancing both Why we avoid making economic and market predictions Why Investments aren't ideal for Ad Hoc withdrawals Time and having an emergency fund are crucial aspects of a sound financial...
In this update: The importance of Budgeting - Mapping your financial future. Budgeting is like the GPS for your finances, ensuring that you know where you are, where you want to go, and how to get there. Without a budget, you’re essentially navigating your financial life...
In this update: Voluntary National Insurance Contributions National Insurance Contributions National Insurance can be a confusing subject, and we can be forgiven for wishing to overlook the nuance and complexity of it. Some time spent reviewing our own situation now, in good time for the future, may leave...
In this update: The Big Picture The importance of portfolio rebalancing Withdrawal discipline The Big Picture It can be difficult to see the big picture when all that we are exposed to, driven by the media machine, appears only to be chaos and disorder. The good news is...
In this update: Latest Retirement Living Standards Latest Retirement Living Standards The latest update to the Pensions and Lifetime Savings Association (PLSA) Retirement Living Standards (RLS) reveal a shift in the cost of retirement living driven by changes in the UK public's expectations and increases to the...
In this update: Investing persists through all cycles Your retirement spend and your retirement duration Investing persists through all cycles Interest rates are at levels we haven’t seen since before the Financial Crisis, tempting some people into cash, and away from investing. So does investing still make...
In this update: Where would you like to start? Your negative bias Where would you like to start? 'Where would you like to start?' is an interesting question. It’s as important a question too for investors. Because when talking to people about investments, the point at which...