Maximising on one’s Pension is an important initiative, the prospect of having sufficient income after retirement should be a comforting one, but is it?...
Being ready for the challenges that life throws us can help in making the experience much easier and more fulfilling. As we grow old, different sickness, accidents, natural disasters as well as terrorism plague our lives until we meet our end. Most of the people have only saved enough for the time they are alive without thinking of the possible problems that may arise in your family once you involuntarily left them.
Individual savings account or ISA is a kind of savings account introduced by the government where you don’t have to pay any taxes unlike other savings accounts that requires tax from the interest your money is earning. This program was introduced by the government to entice more people to open their own savings accounts and have a head start in being financially independent.
Equity release is a way to release funds from a property you own. It’s something that older people tend to opt for when they are rich in assets, but poorer in cash. It isn’t always a preferable option, as the loans are paid back after their death reducing the value of the assets they may leave to loved ones. The options for equity release often come with high fees, again reducing what you’re able to leave behind.
While some people may feel they'll never need a financial advisor, or believe they are savvy enough not to need one, there will often be times in your life when it becomes prudent to seek their services.
Have you got a problem with your neighbours regarding boundaries or do you need a plan of your landholding drawn up professionally? If so then a land surveyor is who you need!
Some people are sceptical about using a financial advisor; not only are they expensive but the advice they give may not be a sound choice for you! There are occasions, however, that seeking financial advice is a necessity.
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