Category Archives: Retirement

Pensions Awareness Day – All you need to know

national pension day

Pension Awareness Day takes place annually on September 15 with the aim to alert the nation that they need to save more for their retirement.   So what do you need to be aware of exactly? Here’s some tips from Chartered Financial Planner Amanda Cowie director at  RL Wealth:   Pensions are […]

When should I start planning my retirement?

planning retirement

Whether you are a busy professional, medic or business owner, the simple answer to the question, “when should I start planning my retirement?” is – now! It’s never too early. If you organise your life now you will minimise stress for yourself and your family in future.   Holiday season […]

Financial Planning for GPs

GP financial planning

GPs need to focus on their future financial planning just like the rest of us. Most GPs we talk to are working long hours in addition to patients with Covid, they are dealing with the fall out of long Covid, mental health issues exacerbated by the pandemic and also those […]

Financial planning for later life

retirement smile

Financial planning – Why it’s better for your money to outlive you? When we put together a financial plan, we use a mortality of age 100 because we don’t want you to run out of money. We also use a financial planning forecasting tool to help you “see” your financial […]

Why organising your finances is good for your mental health

finances and mental health

Why is organising your finances good for your mental health? Mind, the mental health charity says:   It’s those nagging thoughts in the middle of the night that cause us to lose sleep, cause gut busting anxiety and yes, it can become a vicious cycle leading to depression, relationship issues […]

Did you reach State Pension age between 6/4/2010 and 5/4/2015? 

state pension

Did you reach State Pension age between 6/4/2010 and 5/4/2015?  Here is some help on how you can top up any missing years… The DWP has published updated guidance for those who reached State Pension age between 6 April 2010 and 5 April 2015 on how they can top up […]

Happy Financial Independence Day

funding support

On 25 April the world celebrated Financial Independence Day. So, what is Financial Independence? Well, according to Wiki it’s “the status of having enough income to pay one’s living expenses for the rest of one’s life without having to be employed or dependent on others.” Sound good? But how many of us actually know how […]

When can I retire? Do you know your “magic number”?

magic number

I was having coffee with friends, in those pre-lockdown halcyon days, and one asked “when do you think you will retire?” My answer is always the same “when my pension and investments reach the magic number!”  Obviously my magic number is personal!  But I 100% know what it is and […]

Financial security – what price peace of mind?

Financial security

In a recent global study* the question “What do you value in the relationship you have with your financial adviser?” The results were: Given what we are going through at the moment you might say that this is pretty obvious.  However these results were similar pre-pandemic. So, how do you […]

Getting closer to 50 – financial planning priorities

Amanda Cowie

To round off with the Financial Planning Week blog posts from our team, Director and Chartered Financial Planner Amanda Cowie gives her thoughts on financial planning when you are nearing 50!…   If, like me, you are getting near your “special” birthday you maybe can’t believe that you are at […]