Retirement mortgages

Retirement mortgages
If you are considering applying for a mortgage or remortgage into or during your retirement, you definitely need to know about the Mortgage Market Review and the new affordability rules it has introduced. Whilst you don’t need to know the full ins and outs of this new regulation, you should be aware that as a ...

Five Tips to Help Decide How Much Money to Invest for Retirement

Planning for retirement can be a daunting undertaking. There are several important economic factors that should be considered when developing a financial savings plan for retirement. The following five tips will help estimate how much money is needed for retirement and how much money should be invested each month to secure a sound financial future. ...

Retirement accounts and savings – What are the tax implications?

Retirement accounts and savings – What are the tax implications?
It actually is inspiring and great to see that the amount is actually adding up to a large savings; especially if it is with regards to your retirement savings. However, what happens when you retire and you start drawing money from the IRA or the 401k accounts? These in some cases can be taxable. In ...