70% of people in the UK don’t have life insurance. That means that when you die there won’t be any payout to help your family cover Inheritance Tax, funeral fees or any other costs. As well as the emotional turmoil of grief and loss, there are practical matters you may not have ever considered. And …
The average age for claiming on critical illness cover is between 49 – 54 The most claimed for illnesses are: … And that’s not taking into consideration the two-year backlog in the NHS for appointments. The odds of you or a family member facing a life-threatening condition are pretty high, but only 7% of the …
Have you been putting off the life insurance question because you’ve got plenty of time to sort that out later? Well, here’s the thing: none of us actually know when we’re going to die. If you’re married, if you have kids, what would happen to them once you’re gone? Only 30% of people in the …
How do you feel about the thought of your family struggling with not only the emotional turmoil to death but the financial burden of the property portfolio you’ve left behind? Currently, around 1 in every 25 estates pay Inheritance Tax, but that’s not all your family will have to worry about. Could they pass the …
Inheritance tax is a pretty miserable topic when you think about it. Tax, and death, all rolled into one However, it is a topic that is worth understanding, because without a clear plan in place for what will happen to your portfolio when you depart, not only could you leave your loved ones with a …
Why is it important to make a will? Our society tends not to talk about death, as it’s an upsetting topic, which is probably why fewer than 4 in 10 adults had made a will, as of 2020. But death is a natural part of life and it impacts a lot of what we do. …
Are you relying on your buy-to-lets to fill your pension pot? The current UK retirement age is 66, but this age is set to rise to 67 if you’re born after April 1960. If you’re born after April 1977, it creeps up to 68. The current full state pension in the UK is £179.60 per …
How prepared are you for your retirement? If you’re in your 20s or 30s, you might not even be thinking about it, it’s miles off, after all! But the sooner you start saving, the better it will be for your future, as without a private pension, you’ll be reliant on the State Pension alone. Around …
This week we met landlord Olivia Musisi, who cashed in some shares to invest in her first property, to boost her future pension. She shared her experience with us: Would you change if you could do it all again? No, l’m so glad l bought my properties when l did! Where would you like to …
Pensions are not the most glamorous element of finance. They don’t hold the same heart-stopping excitement as your first mortgage, or the potential of an investment in the markets. But, like a pair of old slippers, there is an undeniable excitement that comes from that warm, cosy GROWN-UP feeling that comes from when you have …
