Showing posts with label pensions. Show all posts
Showing posts with label pensions. Show all posts

Sunday, February 23, 2025

Martin Lewis Reveals the 'Scary' Savings Rule You Need to Know

Think you’re saving enough For your retirement? Likely not, based on a commonly cited pension guideline mentioned by Martin Lewis . In the most recent issue of his newsletter, the founding figure of Money Savings Expert (MSE) directed attention towards pensions , featuring assistance on...

Friday, February 14, 2025

How Much Should You Contribute to Your Pension to Retire Comfortably at 60?

There is no standard option anymore. retirement age in the UK; while you won't receive your state pension, pension Up until the age of 66, you have the option to retire early provided you have the financial means to do so. After retiring, you might not get a steady income anymore, yet bills...

Saturday, February 8, 2025

Claim Early or Wait? The Surprising Scenarios Where Taking CPP at 60 Makes Perfect Sense

If you decide to claim the Canadian Pension Plan (CPP) earlier than usual, your monthly benefit could decrease by as much as 36%. Can you guess why someone might choose this option? The Canada Pension Plan (CPP), which is a retirement benefit, is financed through contributions made by both employees...