I am eligible to retire from my current job on April 4, 2010. And that is the day that life without work begins. My retirement will be different than most in that my monthly take home will increase over the years. This is due to a government pension, military retirement and social security. When I hit 57 years and 4…
Tag: Pension
Life Insurance Bargain Life Insurance When You Take Out A Pension Policy
At last, a real life insurance bargain – but as always there are strings attached! If you take out a new pension policy after 6 th April 2006 and within the same premium pay for life insurance cover, then you can use your pension contribution tax allowance to reduce the cost of your life insurance. This means if you’re a…
The British Leave Home In Record Numbers To Live Overseas
Beth Collingz, Overseas Sales Director, PLC International Marketing Networks, for Pacific Concord Properties Inc’s Lancaster Brand of Condotels in the Philippines said a closer look at the figures released by the UK’s Office for National Statistic showed that of those who left last year 196000 were British citizens while 189000 were long term migrants who had been living in the…
Reform Aimed At Personal Finance And Uk Savings
The Pensions Policy Institute (PPI) has issued a report which supports the Pension Commission’s recent demand for reform in the structure of the basic state pension. In fact the report goes further than simply backing the report, it calls for reforms to be implemented more rapidly than the Commission has recommended. Essentially, the reforms that are proposed are for simplifications…
Savings Accounts Retire In Style
We all look forward to the day when we can give up work – but to ensure your retirement is comfortable you will need to prepare for it carefully. Putting a proportion of your earnings towards a pension may seem like a drag right now, but realistically you will need to save for as long as possible to gain a…
Pensions Plans And Retirement Plans Are Not Being Offered Or Are Being Taken Away In The Corporate World
One of the perks being removed from the corporate world is retirement plans as some companies find they can no longer afford to fund them. As executives grow older and their pay plan increases, the amount of money promised to be placed into a pension plan grows along with it. As companies seek ways to reduce expenses this is one…
Philippine Real Estate Property Investments
We have this trend of seasonal activity in the overseas property market over the last few years especially from UK market. Statistics from UK Estate Agents showed that from 2004 and 2006 the number of British people who owned a second home abroad soared from 550,000 to 800,000. With a further 5.5 million Brits estimated to be wanting to live…
Being A British Pensioner In Spain
Can I claim my pension in Spain? Yes. Whether you spend a few weeks there or live permanently in Spain, the Department for Work and pensions (DWP) will pay your pension. How do I go about it and when do I claim? About four months before reaching retirement age, you will receive an information pack and a claim form. If…
The Uk Self Invested Pension Plan
UK Tax Payers are taking advantage of tax incentives and Investing their Self-Invested Pension Plan [SIPP] In Philippine Condotel Investment Real Estate for Rental Income and Retirement . Beth Collingz, PLC International Marketing Director for Pacific Concord Properties Lancaster Brand of Condotels in the Philippines in a Press Conference with International Investors from the United Kingdom held recently at Shangri-La…
United Kingdom Property Investors Are Emerging As The Biggest Market For Philippine Condotels
Beth Collingz, of PLC International Marketing Networks, Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condo Hotel or ‘Condotel’ developments in the Philippine, and whom specializes in working with international clients in a recent conference with UK Investors held in Cebu, said: Since the Dollar value depreciated and UK Pound Sterling hit 92:1 on the Philippine Peso, my…