Do you dream of retiring abroad – e.g. in Spain, Canada or even further afield? Or, you know someone who does? This guide could be for you. It is estimated that 247,000 Britons aged over 65 are living in EU countries (not Ireland or the UK). Tens of thousands more reside in other states such as Australia, India and Thailand.
With inflation running at 9% (the highest since 1982), many people are wondering how to keep their savings growing, in real terms. Interest rates from regular accounts rarely beat 1%, so a 9% inflation rate could represent more than 8% loss – even if your bank statement says you have earned more interest…
Many young people in the UK are facing significant financial pressures as house prices have risen over recent decades, far outpacing wage growth. As such, it is understandable that many hope that a future inheritance lump sum will help them gather the necessary funds for a house deposit. Yet research shows that, in 2020, those most likely to receive an inheritance are aged 55-64 with the median sum…
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