Fuchs Financial’s Post

Your pension can help you to live comfortably in retirement. However, they can be confusing and full of jargon 😵 Understand your pension with our recent video. Don't forget to subscribe! 👇 https://zurl.co/2tfy #Pension #PolicePension #Retirement

If you are inexperienced, planning for a pension can be risky. Here are our top five most common pension mistakes. #pensionadvice #autoenrolment #personalpensions https://lnkd.in/eeEUMCGq

Why you need to get a move on if you’re self employed with no pension. 👀 Being self employed is freeing and exciting, but the financial aspect can be tricky. 😶🌫️ This is particularly true for your pension planning because you have no workplace pension to fall back on. 😥 From where to start to your pension options, and more, check out our latest blog and get in touch if you’re still struggling with your self-employed pension plans. 🙌 https://lnkd.in/d5jej_KA #PensionPlanning #SelfEmployedPensions #PensionAdvice The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.

November is the month to Pay Your Pension Some Attention! 💡   As we enter November, it’s the perfect time to Pay Your Pension Some Attention. Whether you're just getting started or looking to refine your retirement planning, this month is all about making sure your pension is on track.   Many of us don’t give our pensions the thought they deserve until it’s too late. This month let’s take a moment to review our long term savings.   3 main points to consider 🧠 – ·     Ensure you’re aware of all your pension pots. ·     Consider increasing your contribution rate, even by just a small percentage. ·     Consolidate old pensions into one pot for easier management.   NatWest Cushon is excited to support this years campaign with some fun merch and a free educational webinar! 🎉  Please use the following link to sign up to 1 of the 3 sessions we are hosting this month - https://lnkd.in/eeu3kA4Z   So, this November, I challenge you to Pay Your Pension Some Attention. Let’s start conversations about how we can make smarter financial decisions today for a better tomorrow.   #PensionAttention #PayYourPensionSomeAttention

Consider if you want to fully retire at a particular time, or if you want to wind down gradually and reduce your hours over a period of time. You can take your pension before you stop working, once you’re past the minimum age which is usually 55. If you’re in poor health, you may be able to start drawing your pension down earlier. Defined contribution pensions often give a lot of flexibility about when you can start withdrawing from them, but you’ll need to check with your pension provider as each will have their own terms and conditions. Also check if your plans will incur extra charges. Defined benefit pension schemes normally set out the retirement date you’ll be able to start taking your pension from. As a rule of thumb, if you take out your pension earlier you are likely to have a reduced income as the provider could need to pay you for longer.

Have you heard of Pension Wise? We are proud to partner with @MoneyHelperUK to guide you with your pension. Take the first steps today and book an appointment. Find out more⤵️ https://lnkd.in/dQVhnYUt #pensionwise #pensionattention

It is always preferential to start saving towards a pension early in your career. However there is still hope for those starting pension plans later in life. Read more #pensionadvice #SIPP #personalpensions https://lnkd.in/eYF6T_qp

How Long Does It Take to Receive Your Lump Sum Pension? ⏳ Wondering how long it takes to get your lump sum pension? It really depends on a few factors, like the type of pension you have and what your investments look like. Most of the time, your pension pot isn't just sitting in cash, which means it can take a few days to sell any underlying assets. Whether you're withdrawing funds directly or with a financial advisor also affects the timeline. At Cameron James, we encourage our clients to plan ahead. If you’re thinking about a lump sum withdrawal, let’s talk! Book a free consultation with one of our advisors today by clicking the link below: https://lnkd.in/d_kxM9VC Meanwhile, we recommend you to watch this video to learn more:  https://lnkd.in/dwCqP4WG #PensionAdvice #RetirementPlanning #FinancialPlanning #LumpSumPension #InvestmentStrategy #FinancialAdvisor #WealthManagement #CameronJames #PensionPlanning

How Long Does It Take to Receive Your Lump Sum Pension? ⏳ Wondering how long it takes to get your lump sum pension? It really depends on a few factors, like the type of pension you have and what your investments look like. Most of the time, your pension pot isn't just sitting in cash, which means it can take a few days to sell any underlying assets. Whether you're withdrawing funds directly or with a financial advisor also affects the timeline. At Cameron James, we encourage our clients to plan ahead. If you’re thinking about a lump sum withdrawal, let’s talk! Book a free consultation with one of our advisors today by clicking the link below: https://lnkd.in/d_kxM9VC Meanwhile, we recommend you to watch this video to learn more:  https://lnkd.in/dwCqP4WG #PensionAdvice #RetirementPlanning #FinancialPlanning #LumpSumPension #InvestmentStrategy #FinancialAdvisor #WealthManagement #CameronJames #PensionPlanning

Is pausing your pension ever the right thing to do? A 4-minute read📑🔗: https://ow.ly/Bwtn50TOojp Scaling back on pension savings might seem like an easy fix for short-term challenges, but it can have long-term consequences. #financialwellness #financialknowledge #financialawareness #moneymatters