Monthly Archives

December 2021

Saving for retirement in your 50s: a short guide

By | Retirement Planning

Many people find themselves in the unfortunate position of starting their retirement savings later in life. Perhaps you had a long-term relationship which ended, and your former partner took the pension savings with them. Whatever the case, there is still time for those in their 50s to build up a retirement fund which supports your lifestyle. Below, our team at WMM outlines ideas for you to consider with your financial planner.

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How the Marriage Allowance works

By | Financial Planning

Did you know that, in 2021-22, there are still tax benefits to being married or in a civil partnership? One of the lesser-known advantages is the Marriage Allowance – which lets one spouse transfer up to £1,260 of their personal allowance to the other person. Yet how does this work, exactly? Who could benefit from it and what other tax advantages are available in the current tax year? Below, our team at WMM addresses these questions.

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What is a realistic return on investment?

By | Investment Planning

When you put money into shares, bonds or real estate, what kind of return on investment (ROI) can be realistically expected? Moreover, what kinds of forces can eat into your returns – notably, fees and taxes? Below, our financial planning team at WMM here in Oxfordshire tackles these questions in more detail. We hope you find this useful and invite you to contact us if you’d like to discuss your own investment strategy.

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Your pensions: the cost of not having a financial planner

By | Pensions

If you already have a financial planner you will be well informed of your income options in retirement. Your retirement plan will most likely comprise a mix of different sources to deliver a tax efficient ‘income stream’. Even without a financial planner, some people may still feel they have a solid plan in place. However, there is worryingly high number of people who aren’t really sure what they have or how they’ll provide for themselves in retirement, perhaps believing the State will support them.

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