World pension ages on the rise: when will you retire?

State pension ages are rising around the world. Most countries will increase the point at which people can withdraw payments to 67 in coming decades. Some governments have been more aggressive. The UK and Ireland will increase the age to 68, and the British government has indicated that more even higher ages are inevitable. The … Continue reading “World pension ages on the rise: when will you retire?”

Why a pension could be better than a Lifetime ISA

There’s a new savings option available this tax year – the Lifetime ISA – aiming to help anyone aged 18 to 39 save for a deposit on a house, or for later in life, or both. It promises to be a useful product, but pensions remain the primary means for investing towards retirement.    What … Continue reading “Why a pension could be better than a Lifetime ISA”

What is a safe amount to take from a pension?

Figures for the UK show high pensions withdrawals. It highlights the challenge for pensioners in many countries trying to work out how much income they can safely draw. Nearly half of those withdrawing money from pensions may be doing so at an unsustainable rate, according to analysis of industry figures by Schroders. It once again … Continue reading “What is a safe amount to take from a pension?”