retirement Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/retirement/ North Devon's Leading Wealth Managers Sun, 23 Mar 2025 13:25:19 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png retirement Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/retirement/ 32 32 State Pension booster deadline is looming https://www.miltonpj.net/2025/03/23/time-running-out-for-state-pension-boost/ Sun, 23 Mar 2025 13:25:17 +0000 https://www.miltonpj.net/?p=11744 Time is running out for anyone who wants to boost their State Pension by paying for any missing National Insurance years, Martin Lewis has warned. People aged between 40 and 73 have until just April 5 this year to plug any gaps in their NI payments by buying missing years going back to 2006. After […]

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]]> Equity release – is it in your best interest? https://www.miltonpj.net/2025/02/05/equity-release-is-it-right-for-you/ Wed, 05 Feb 2025 10:00:00 +0000 https://www.miltonpj.net/?p=11648 Equity release – or remortgaging your home – saw a surge in popularity at the end of 2024, latest figures have revealed. The Equity Release Council says there was an increase in lending of £622million in the last quarter of the year, up 16% on the year before, although the figure for the total year […]

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]]> One million over 45s ‘have no savings’ https://www.miltonpj.net/2024/12/04/one-million-uk-over-45s-have-no-savings/ Wed, 04 Dec 2024 15:02:09 +0000 https://www.miltonpj.net/?p=11509 It’s scary but not really surprising that a recent survey has found more than one million people aged 45 and over have absolutely no cash savings as they head towards retirement. The survey by not-for-profit organisation Fair4All Finance of 3,101 financially vulnerable people found that 37% had no savings at all, a 14% increase in […]

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]]> Half of those who withdraw from their pension ‘take no advice’ https://www.miltonpj.net/2024/06/19/half-of-those-who-withdraw-pension-lack-advice/ Wed, 19 Jun 2024 09:00:00 +0000 https://www.miltonpj.net/?p=11402 We’ve said it before, but would you attempt to remove the engine from your car if you weren’t a skilled mechanic? Or perhaps fix your plumbing pipework without any practical plumbing skills? No you wouldn’t. Even if you watched YouTube videos and read online ‘how to’ guides, you would not be as informed or skilled […]

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]]> Economic ups and downs https://www.miltonpj.net/2024/01/25/economic-ups-and-downs-inflation-increase/ Thu, 25 Jan 2024 10:00:00 +0000 https://www.miltonpj.net/?p=11030 Just as we think things have brightened, out comes the inflation figure at 4% versus the expected 3.9%. That was blamed on tobacco and alcohol – the latter also as duty rose on wine last autumn, based on alcohol strengths. It is as if the government doesn’t realise that increasing taxes on products increases inflation… […]

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]]> Inflation drops more than expected for New Year https://www.miltonpj.net/2024/01/03/inflation-drops-more-than-expected-for-new-year/ Wed, 03 Jan 2024 10:00:00 +0000 https://www.miltonpj.net/?p=11048 Inflation has fallen more sharply and sooner than expected, as 2023 gives way to 2024. It fell to 3.9% in the year to November, dropping more than anticipated from 4.9% in October, according to the latest data from the Office for National Statistics (ONS). Consumer prices index (CPI) inflation has now fallen by nearly 7%, […]

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]]> Keep your powder dry and let the worm turn https://www.miltonpj.net/2023/12/06/global-markets-keep-your-hea/ Wed, 06 Dec 2023 10:02:00 +0000 https://www.miltonpj.net/?p=11039 As a Firm we send out regular newsletters to our clients to keep them up to date with global markets, world events and of course how ‘we’ (and they) are doing in terms of their investments. So this week we wanted to share just a little of our November newsletter to highlight the importance of […]

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]]> Better after the storm https://www.miltonpj.net/2023/11/02/better-for-markets-after-storm/ Thu, 02 Nov 2023 09:00:00 +0000 https://www.miltonpj.net/?p=10917 I hope that your hatches are battened-down adequately against the latest storm bringing wild and wet conditions across much of the UK. Do keep safe. So after a law firm’s review, Nat West shares plunged more on the comments into the shenanigans over the attempted removal of Mr Nigel Farage’s account than the latest quarter’s […]

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]]> Negative markets but a good PJM average https://www.miltonpj.net/2023/10/05/financial-markets-negative-turn-good-pjm-average/ Thu, 05 Oct 2023 13:00:00 +0000 https://www.miltonpj.net/?p=10882 The 15th anniversary of Lehmans’ collapse passed on 15 September. Aren’t memories short – the world’s whole financial system could have imploded (and really Lehmans shouldn’t have been allowed to go – and liquidity could have been used – its demise exacerbated the problems). The financial downturn was the worst since the Great Depression. There’s […]

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]]> State Pension set to see 8% rise if ‘triple lock’ promise holds https://www.miltonpj.net/2023/08/23/state-pension-rise-triple-lock/ Wed, 23 Aug 2023 09:00:00 +0000 https://www.miltonpj.net/?p=10823 Millions receiving the State Pension could receive a ‘bumper’ rise yet again next year due to rising wages. Due to the ‘triple lock’, experts are predicting the annual State Pension could increase by up to £879 in April, 2024. This means pensioners would receive around £11,500 a year and the maximum flat rate State Pension […]

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