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0:04
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Rest
If you’re looking forward to retirement soon, you might be considering the Age Pension as a safety net for your income after you finish working 🏖 But how do you know how much
Rest. . If you’re looking forward to retirement soon, you might be considering the Age Pension as a safety net for your income after you finish working 🏖 But how do you know how much pension you can get, or whether you’re even eligible at all? And does your super balance affect your pension? We break down these important questions to ...
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The State Pension is the foundation of retirement income in the UK — but here are the facts you really need to know 👇 • 💷 How much? Full new State Pension ≈ £11,500 per year (2024/25). You’ll need 35 qualifying years of National Insurance to get it. • ⏳ Minimum? Less than 35 years = reduced amount. Fewer than 10 years = nothing. You may be able to plug gaps with voluntary NI contributions. • 🎂 When? State Pension age is 66 now, rising to 67 by 2028 — and could rise again in the future. 👉 The
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Understanding your pension early on in your career gives you the power to shape your retirement so it's the way you want it. In the latest episode of our #PensionConfident Podcast, Founder and CEO of PensionBee; Romi Savova explains why engaging with your pension early on is important to help you make those big financial decisions in the future. Watch the full discussion: https://brnw.ch/21wPZUU And remember, if you enjoyed this episode please leave us a rating on your preferred podcast streamin
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Here’s a simple breakdown of how a pension actually works ☝🏼 Having a pension is one of the best financial decisions you can make. It’s money invested for your future, it saves you on tax, and thanks to compound growth, it can grow into a huge retirement pot over time. If you’re employed, make sure your employer is matching your contributions — that’s free money for your future that you don’t want to miss out on. The earlier you start, the easier retirement becomes. | Moneymatters.uk
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