There is currently a pension’s crisis in many parts of the world, with those close to retirement facing the prospect of having to stay at work or retire with a less than adequate pension income. The fact is that pension deficits are growing and surpluses are shrinking.
The other problem is ... Views: 1865
The traditional view of a mortgage is a loan to buy your home, which you spend the next 25 to 30 years paying back, with interest. Finally, close to retirement age, you’ll be free of this debt and will own your home.
Here’s a more radical approach: Mortgages are a key tool that can help ... Views: 1558
If you want to create financial independence and one day lead the lifestyle you’ve always dreamed of then building your own assets is the only way to do this.
People mistakenly believe that their belongings are assets. But these are in fact liabilities because they cost you money. Your ... Views: 1183
Whilst Britain and the USA are battling through some of the toughest economic battles they’ve ever had to face, many are speculating about the value of property and whether prices will ever recover to the levels seen a couple of years ago.
Many would-be property investors may have been ... Views: 1087
Property investment is one of the best ways of creating wealth and securing financial stability for the future.
Even during the current economic climate property is still an excellent investment, yet it’s also important that new investors understand the reality of the business and any ... Views: 1066
You may think you’ve got your retirement covered financially because you diligently pay into a pension every month. Your financial adviser may have offered you what looks like an excellent pension deal... but have you actually sat down and analysed the figures?
Say you retire at 65 and live ... Views: 991
If you’ve ever wondered why the wealthy just seem to get richer, while the rest of us slog away at work and never seem to make any serious cash, then keep reading. The secrets of the worlds wealthiest have been exposed and once you understand these principles you’ll see why they seem able to ... Views: 989
You may believe you’re doing the right thing by making contributions on a monthly basis to a pension scheme. But do you actually know what’s happening to that money and how much you’ll get back when you plan to retire?
You may have been sold your personal pension plan by a financial advisor but ... Views: 980
You may think that you have a firm grasp on your assets, spending, debt and future financial status... however you could be in for a huge shock after reading this article.
The fact is the average person is deluding themselves when it comes to their financial future. If you save regularly, ... Views: 961
You may believe that statements such as this are nothing but “new age” nonsense. How can we possibly think ourselves rich? Surely we actually have to do something, physically, in order to create the riches we’ve always dreamed of?
But ask yourself this... is your life full of riches now? Do ... Views: 929