You cannot rely on a salary when you retire. As such, it is crucial to have a plan for generating a healthy income in retirement. Unfortunately, the state will almost certainly not cover all of…
Since the 2015 Pension Freedoms were introduced, those with a pension pot in 2021-22 can now withdraw up to 25% of its value once they reach age 55. For someone with a £500,000 defined contribution…
What do you imagine when you think of retirement for yourself in the future? Perhaps you see yourself retiring early in your 50s. Maybe you see a kind of “partial retirement” where you keep on…
Pension planning in different market conditions 3>
Building up a pension pot is a challenging endeavour. Not only do you potentially have 40+ years of consistent, monthly savings ahead of you, but they are also likely to experience a wide range of…
Multiple Pension Pots: The Case For & Against Consolidation 3>
This content is for information purposes only and should not be taken as financial advice. Every effort has been made to ensure the information is correct and up-to-date at the time of writing. For personalised…
At Castlegate, we’ve noted some recent enquiries about the state pension and how women are affected by the rules. In short, many women who reached retirement age before April 2016 may be losing out on…
When it comes to planning a retirement income discussion often focuses on the ways to build up a pension income. This is understandable given the many advantages offered by pensions under UK tax rules in…
Can I Still Retire Early If My Pension Is Down? 3>
This content is for information purposes only and should not be taken as financial advice. Every effort has been made to ensure the information is correct and up-to-date at the time of writing. For personalised…
People in the UK have long had to guard against financial scams, and older people have also had to be especially vigilant (who are disproportionately targeted for their pension savings). However, in light of the…
Pensions vs. ISAs for Retirement & IHT Planning 3>
This content is for information purposes only and should not be taken as financial advice. Every effort has been made to ensure the information is correct and up-to-date at the time of writing. For personalised…
We use cookies to offer you a better browsing experience and analyse site traffic. If you continue to use this site, you consent to our use of cookies. Find out more.