| Description |
1 online resource (1 volume) : illustrations |
| Series |
Financial Times series |
|
Financial Times series.
|
| Contents |
Cover -- Beat the Pensions Crisis -- Contents -- List of figures -- Acknowledgements -- Introduction -- The reality of the pensions crisis -- Our objectives -- How to use this book -- Summary -- Part 1 The pensions crisis -- What pensions crisis? -- Pensions cost more than they used to -- Retirement hasn't got any less expensive -- Summary -- Myths and delusions about pensions -- The major myth: I will probably be OK -- Myth 2: I can live on the basic state pension -- Myth 3: Pensions are too complicated -- Myth 4: You can't trust pensions -- Myth 5:My house is my pension -- Myth 6: I'm OK because I am already investing in a pension -- Myth 7:My other assets will be enough -- Myth 8: It's too late -- there is no point -- Summary -- Part 2 A pensions primer -- Inside information -- Your pension pot -- The price of your pension -- Your pension gap -- The pension turbocharger -- Summary -- Pensions -- under the hood -- Tax relief limits -- Types of pension -- Final salary pensions -- Money purchase pensions -- State pensions -- Summary -- Understanding your pension gap -- Your pension gap -- How much you will need when you retire -- How much you will get when you retire -- Apples and pears -- Summary -- Part 3 A practical toolkit -- Already retired -- Getting what you are entitled to -- Getting a good deal on things you use regularly -- Claim what you are entitled to -- Getting value from your house -- Converting assets into income -- Buying an annuity -- Drawdown -- Living off your assets -- Summary -- At the point of retirement -- What is retirement? -- When your employment stops -- When your pension starts -- Options for taking your pension -- Drawdown -- Summary -- Close to retirement (50s and 60s) -- The pension turbocharger -- State pensions -- Company pensions -- Personal pensions -- Tax-free savings products -- 'Lifestyling' -- Liabilities |
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Managing your lifestyle expectations -- Summary -- Longer-term planning for retirement (30s and 40s) -- 'Free' pensions -- Jobs and pensions -- Summary -- Part 4 The bottom line -- Principles for everyone -- Retirement is about your life, not just your pension -- Take responsibility -- Take advice -- Claim your full tax relief -- Expect to retire later -- Debt reduction: the best return in town -- Diversification -- Children and grandchildren -- Inheritance planning -- Unexpected events -- Summary -- Getting advice -- Free advice -- 'Tied' advice -- Independent advice -- How do I choose an adviser? -- Paying for advice -- What should I expect from an adviser? -- Summary -- The pensions crisis and the future -- Public sector pensions -- Complexity and confusion -- Left hand and right hand -- Summary -- and overall conclusions -- A pensions glossary -- Index |
| Summary |
How many years will you have to work so that you build a decent pension? How much do you need to live comfortably in your retirement? There's a crisis in pensions which affects the majority of people in the UK. The crisis is all about the gap between the money that you need to live in retirement and the money that you'll actually get. And it's a crisis that is changing the way that we all think about our retirement, when we can stop working and how we'll manage to get by on state, occupational and personal pensions. This book cuts through the complexity surrounding pensions and explains how the crisis affects you - irrespective of your age. It describes the practical steps that you can take to ensure that you're better off in retirement, whenever that may be. Beat the Pensions Crisis is about handing back control of your pension to the only person who can really do anything to improve it. That's you. Visit the website at www.thepensionscrisis.com What is the pensions crisis and how does it affect you? Put simply it's the gap between the amount of money that you need in retirement, compared with the amount of money that you're likely to receive from your pensions. At first glance, this gap can look large and it's tempting to think that the situation is hopeless. But it's not! Beat the Pensions Crisis shows you that you have a lot more control over your pension than you may have thought, and by taking the right action, at the right time, you can do a lot to increase your income in retirement. Providing for a secure retirement is simple, and step-by-step you'll learn how to: Shatter the myths and delusions about pensions Work out how much of a pension pot you'll need when you retire Understand the difference between different types of pension Turbocharge your pension so that you'll receive more Use the tax reliefs available to enhance your pensions and savings Shop around for the best pension annuity at retirement Understand what you need to do to improve your wealth, decade by decade, from your 20s through your 30s, 40s and 50s to your retirement |
| Notes |
Online resource; title from title page (Safari, viewed Dec. 10, 2013) |
| Subject |
Old age pensions -- Great Britain
|
|
Retirement income -- Great Britain -- Planning
|
|
Finance, Personal -- Great Britain
|
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Finance, Personal
|
|
Old age pensions
|
|
Retirement income -- Planning
|
|
Great Britain
|
| Form |
Electronic book
|
| Author |
Brinn, Claire.
|
| ISBN |
9780273745044 |
|
0273745042 |
|
0273722050 |
|
9780273722052 |
|
