S5E3: Income and Outgoings In Retirement

When you get to The Great Transition into retirement, you are essentially switching from saving money to spending it, from building wealth, to enjoying it. In today’s show, I want to look at the principles and practicalities of your income and outgoings in retirement.

 

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This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

Income and Outgoings in Retirement

Starting to draw an income in retirement is a big deal. There are many variables and considerations, and some of those considerations have nothing whatsoever to do with the income itself! So let’s dive in and see what you need to KNOW and what you need to DO when considering your income and outgoings in retirement.

Resources

Website: Find an adviser at Unbiased

Website: Money Advice Service Annuity Comparison site

Website: Check your state pension

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