- Видео 48
- Просмотров 1 394 563
Dianne Sullivan
Великобритания
Добавлен 18 мар 2018
I'm a financial coach qualified in advanced financial advice who empowers people to achieve the life they want.
Watch my videos to learn everything you need to know on the basics of personal finance, personal growth and how to live your best life.
Interested in personal coaching? Book a free session with me through my website link below
Watch my videos to learn everything you need to know on the basics of personal finance, personal growth and how to live your best life.
Interested in personal coaching? Book a free session with me through my website link below
Stop this retirement strategy. Save your pension from lifestyling
In this video, I cover an important topic for anyone contributing to a UK workplace pension - and that’s *lifestyling*
I’ll explain what it is and why I think it’s a bad idea for most people.
***Book your free call with me here***
diannesullivan.co/
Timestamps
0:00 What is lifestyling
2:24 Case Study
5:10 Lifestyling in Practice
6:48 Impact of Lifestyling Since Retirement
8:21 The Right Decision for you
I’ll explain what it is and why I think it’s a bad idea for most people.
***Book your free call with me here***
diannesullivan.co/
Timestamps
0:00 What is lifestyling
2:24 Case Study
5:10 Lifestyling in Practice
6:48 Impact of Lifestyling Since Retirement
8:21 The Right Decision for you
Просмотров: 17 393
Видео
Gold price could surge under Trump | How to invest in gold
Просмотров 2,5 тыс.День назад
Gold could surge to a record $3000 an ounce under Trump. In this video I dive into - why the gold price could increase. - How to invest in gold and - Whether or not gold investing could be right for you. Book a free call with me here diannesullivan.co Timestamps 0:00 Why gold 0:24 Store of value 1:18 Why still an attractive investment? 1:50 Why could price of gold increase? 2:44 Ways to buy gol...
How much is enough? Only 1 in 4 people know how much they have saved for their retirement
Просмотров 3,7 тыс.14 дней назад
3 out of every 4 people don’t know how much money they have in their pension pots. If you don’t know how much you have then, you won't know if you are on target to have an income to match the lifestyle that you would like to have in retirement. There are interesting differences in the awareness across different age groups so in this video I will dive into the data as well as how you can find ou...
Top 10 easiest countries to retire to for Brits
Просмотров 134 тыс.28 дней назад
For British citizens looking to retire abroad, several countries are considered more accessible due to relatively easy visa processes, residency requirements, and lifestyle factors. Here’s a breakdown of some of the easiest countries for British retirees to relocate to, along with the reasons why: Book a free call with me here diannesullivan.co/ Links to further immigration information Portugal...
UK Pension Changes Announced in the Budget - A Balanced Review
Просмотров 11 тыс.Месяц назад
We now know exactly what changes there will be to UK pensions as a result of the budget yesterday. We also know what won’t be changing. I will go through what you need to know, whether you are saving for your retirement or already retired. I will give a balanced perspective on the changes that you might not necessarily be picking up in the main stream news right now. timestamps 0:00 what hasn’t...
STOP! Don't make the retirement mistake of having too many funds. Could one fund be enough?
Просмотров 5 тыс.Месяц назад
Holding too many funds could mean doubling up on investments rather than diversifying your portfolio. In this video I go through how to decide on the right number of funds for you. Book your free call with me here diannesullivan.co timestamps 0:00 intro 0:24 diversification 1:09 your goals & attitude to risk 3:27 what are the funds invested in? 6:30 how many funds is too many? 8:29 could one fu...
The Magic of Diversification: Spreading Risk and Increasing Gains
Просмотров 2,2 тыс.Месяц назад
Whatever investment wrapper you are using to build your wealth, whether that’s within a pension, an ISA or a general investment account, how do you go about choosing your investments? In this video, if you’re a little bit unsure or afraid of investing, I will explain the simplest and most effective investment strategy to follow. book a free call with me here diannesullivan.co/ 0:00 intro 0:31 w...
Pros & cons of buying investment property in a ltd company vs as an individual
Просмотров 1,5 тыс.2 месяца назад
Purchasing a buy-to-let property through a limited company can offer significant advantages over buying property as an individual. But, there is no clear tax advantage one way or the other in every situation. In this video I go through the pros and cons. timestamps 0:00 overview of why Ltd Company could be better 2:09 tax efficiency 5:12 IHT relief 5:35 Ltd Liability 6:51 Claiming mortgage inte...
How many choose to take the tax free cash and what they do with it.
Просмотров 12 тыс.2 месяца назад
When you're making decisions about your retirement it can be helpful and reassuring to learn what decisions other people like you are making and why. This doesn’t mean that anyone else’s decision is right for you but simply understanding their rationale can sometimes help. In this video, I go through the reasons why people choose to take the 25% tax free cash based on a report published by inte...
The end of the British ISA. What other ISA changes could come?
Просмотров 20 тыс.3 месяца назад
The previous UK government drew up plans for the so-called “British ISA”. The current government have now decided to drop these plans. In this video I’ll discuss the significance of this change. book a free call with me here diannesullivan.co Link to AJ Bell report www.ajbell.co.uk/articles/investmentarticles/276826/eight-reasons-british-isa-bad-idea timestamps 0:00 intro 0:21 what was the Brit...
Should you open the bank of Mum & Dad?
Просмотров 2,5 тыс.3 месяца назад
Many of my clients tell me that one of their main priorities is ensuring that they give their children the best possible chance in life to succeed, including giving them financial support. Isn’t that something that every parent would like to do for their children? Well new research shows that opening up the bank of mum and dad could leave your children worse off in the long run and that’s the s...
Your ultimate retirement planning checklist.
Просмотров 3,8 тыс.4 месяца назад
Planning for retirement can feel complicated and daunting for many people. In this video, I’ll go through the high level checklist that you need to follow depending on how far away you are from your target retirement date book a free call with me here diannesullivan.co/ Video links ruclips.net/video/MMPedtjOip8/видео.html ruclips.net/video/JDgzqGVt0wY/видео.html Guiide Retirement Calculator www...
How to retire well on average salary
Просмотров 7 тыс.4 месяца назад
1 in 4 people in the UK believe that they will never be able to retire. In this video, I want to show you how you could retire well on an average UK salary. Book a free call with me here diannesullivan.co/ Link to the PLSA website detailing the different retirement lifestyles www.retirementlivingstandards.org.uk timestamps 0:00 intro 0:20 how much income do you need? 2:16 how many achieve each ...
Best kept "secret" to boost your retirement money
Просмотров 10 тыс.4 месяца назад
Are you aware that you can pay money into someone else’s pension? Chances are that you’re not. In this video I'll explain the rules and how this could make your money go much further in retirement compared with only paying into your pension. Book a free call with me here www.diannesullivan.co timestamps 0:00 intro 0:12 why pay into someone else’s pension? 1:22 worked example 2:36 how much can y...
Only 20% of people can get all 3 financial literacy questions right. How about you?
Просмотров 10 тыс.5 месяцев назад
Only 1 in 5 people in the UK can answer the 3 financial literacy questions that were tested in a recent survey. Are you one of the 20% who answered all 3 correctly? Book a free call with me here diannesullivan.co/ timestamps 0:00 the financial literacy survey 1:24 can you answer correctly? 4:47 demographic differences
Stop! 60% of people make this pension mistake
Просмотров 48 тыс.5 месяцев назад
Stop! 60% of people make this pension mistake
The surprising impact of paying to fill gaps in your national insurance - could you be worse off?
Просмотров 15 тыс.5 месяцев назад
The surprising impact of paying to fill gaps in your national insurance - could you be worse off?
Your need to know pension changes that are being discussed during the general election
Просмотров 37 тыс.6 месяцев назад
Your need to know pension changes that are being discussed during the general election
Reduced state pension? Contracting out explained. Why you might not be getting what you expected
Просмотров 61 тыс.6 месяцев назад
Reduced state pension? Contracting out explained. Why you might not be getting what you expected
Foolproof Plan for Retirement Income Protection; the cashflow ladder
Просмотров 3,8 тыс.6 месяцев назад
Foolproof Plan for Retirement Income Protection; the cashflow ladder
Finally! The tax free savings allowance is increasing
Просмотров 16 тыс.6 месяцев назад
Finally! The tax free savings allowance is increasing
No point saving into a pension if you’re a basic rate tax payer; ISA is better. Is this true?
Просмотров 20 тыс.6 месяцев назад
No point saving into a pension if you’re a basic rate tax payer; ISA is better. Is this true?
State pension means testing; What you need to know
Просмотров 431 тыс.7 месяцев назад
State pension means testing; What you need to know
Maximize Your Retirement: Top Employers With The Best Pension Contributions
Просмотров 2,8 тыс.7 месяцев назад
Maximize Your Retirement: Top Employers With The Best Pension Contributions
The surprising impact of compound interest on keeping your money separate or combining together
Просмотров 6 тыс.8 месяцев назад
The surprising impact of compound interest on keeping your money separate or combining together
The 6 steps to sort your finances for good
Просмотров 4 тыс.8 месяцев назад
The 6 steps to sort your finances for good
The state pension is a benefit ; the real reasons why
Просмотров 21 тыс.8 месяцев назад
The state pension is a benefit ; the real reasons why
Your bank account will be monitored. New powers to snoop on state pensioners?
Просмотров 292 тыс.9 месяцев назад
Your bank account will be monitored. New powers to snoop on state pensioners?
Financial coaching helped me achieve my dream retirement | Money Stories Episode 4
Просмотров 1,9 тыс.9 месяцев назад
Financial coaching helped me achieve my dream retirement | Money Stories Episode 4
Let’s hope they go after benefits cheaters, and not law abiding pensioners.
We have one of the lowest pensions in Europe. So what is the point of saving into a private pension? The best thing to do is save the money and buy gold or silver and keep it in a safety deposit box. Also if you only had the State pension you would be entitled to pension credit and other benefits so it could cost the state more. Everyone would opt out of NI. Maybe if the Government spent less on illegal immigrants and returned them back to country of origin? The millions of illegal immigrants will end up receiving pension for paying FA in! Plus what about all the extra NI people pay in because they worked from age 18 to 67 or 68 that's fifty years of payments will they be repaid the extra years?
So, they're going to investigate not only a suspect but also people associated with him? But how will they know who those people are? There's one possible way - through information provided by Google. Not officially, of course. See Rob Braxman's previous videos on this. He specialises in internet privacy.
Now I know, what "down under" means when referring to Australia. Want a pension? You have to give your money and assets away? Robbers have stopped bothering with masks.
Pensioners on Full Pension due to having paid all the necessary NI contributions, but with very little savings and no other income coming in are now worse off than recipients of Pension Credit. Pension Credit takes the monthly pension up to the same level as Full Pension, while at the same time providing additional benefits. Such as Heating Allowance, Cost of Living payments, free dental care, free TV licence at 75, etc.
If you were born in England you're now no longer allowed to leave , well you can leave but you will soon be sent back ..life in the UK is what it is ,either unbearable or love it ..because your not going to go anywhere else , you have to adapt ..i live in a terraced house and have spray painted all the walls ..in one room i have a beach setting and the floor covered with sand and a small inflatable pool with a deck chair ,and a sun lamp , in another room i have all the walls sprayed like the setting in a bar / taverna with a mini bar in the corner ..and Spanish music playing ..ok its not Spain but its the next best thing.
if you’ve spent your life being an unemployed scrounger this won’t bother you.
There is no such thing as an ex-pat, if you go to another country, you are an immigrant.
I have no savings am 70 yrs old btinging my 9yr old grandson up also my 30 yr old daughter who has learning difficulties lives with me very vulnerable beautiful could not live on her own my grandson is not her sibling I do not have blinking money to save I do not drink or smoke or go on holidays all this certainly makes one feel worthless within this society
This video is 7 months old and still the same worn out record by hypocrites, now make clear what am i not understanding that Britons also don't seem to grasp regarding their pension, you stated 35 years of contributing, "To contribute money or resources to something means to give money or resources to help pay for something or to help achieve a particular purpose". The government pension fund pot was set up by government encouraging Britons to contribute to the future of their pension enticed by the promise of investing for a better return increasing their pension amount, putting it simple, are you and other idiots insinuating or suggesting people saving money out of their wages putting into a bank account that money is the banks money, Kindly make clear how is money contributed no longer one's money when you insist the State Pension.
It has crossed my mind in the past that state pensions may be means tested because the government would save money wouldn’t they? but working people would still be paying into it while the government pockets the surplus not fair!
If I hadnt have saved who would have paid for my new boiler . Everyone needs a nest egg for things like this. Ive been through tough times when i couldnt even afford to feed myself and my daughter I will never go back to that.
calm voice
Cant help to see the irony. The rich right wing constantly complaining about immigration wanting to become immigrants!! The sooner all those wingers leave the better for everyone else.
If we have all paid the same in legally we should all get the same out. They would have to return some of your input
The sooner the U.K. is ended the better , why do people support abusers . Than complain when their children are being abused , they encourage these abusers and groomers ,who use politics to install the idea that grooming is good . Colonialism is the worst form of terrorism, history is the proof that colonists don’t what you to see or hear . Some history the colonists need you never to see .
All the politicians should have there bank accounts looked into for false clai s for expenses ñot pensioners a disg
I’m not leaving we will be right wing within 10 years and it’s not too late That’s the trouble with us brits we need to grow a backbone and stop being so accepting
I'm retired, but I've set my "retirement" date on one fund to 2030, with enough in there to last me 10 years, and another to 2040. I figure by the time I'm that age, I won't really be in a position to actively rebalance my portfolio, so I'm going to let them do it for me. The issue is not with lifestyling per se, it is more that people don't dig into the details or plan ahead.
Very interesting scenario. Thanks. I hear a lot of pundits arguing for some bonds in one's portfolio. I guess having a rental income means this hedging measure (of buying bonds in case of market downturns) isn't as necessary.
Portugal sounds good..I am 68 own my house all paid off and single, and really dislike the UK now.
We left Britain years ago , now enjoying retirement in south west France. No trouble with pension payments converted into euros.
Thanks Dianne. Such a great breakdown of a very complex and contentious issue. I'm approaching this situation.
Again the ‘government’ are looking at penalising the people who have abided by the rules and have paid into the system all their working lives, instead of looking of ways of saving the massive amount of money spent on illegal migrants who have paid nothing , but get given everything. Where’s the incentive to do the right thing?!!!!!
We are setting a poor example to the young why would the youth of today want to put into a pension when they are robbed at a time when they need to use it for necessary needs in old age eg scooters walking aids glasses false teeth inroads medicines etc
State Pension cannot be touched, the Soc security contributions were made based on an agreed undetstanding, that one would receive a fixed state pension for life after a certain age. By changing retirement age, already the agreement is broken and by trying to introduce means testing would be criminal violation. With cost of living gone up 3 fold so current rate of 884 pet month is insufficient, true pension shpuld be as per economists is minimum of £2,770 per month.
If state pension is means tested it WILL put you even more on the poverty line as you have no further means of increasing your income without losing benefits. Believe me I know I am now looking at retirement and currently live in australia. Unless I continue to work full time I will not earn enough to be able to afford to lose the pension - but if I don't work I will always be behind the eight ball - don't let it happen in the UK
dwp on the take
Totally agree. If you retire at 65 and plan to fund yourself to 90, half of your pot will still be untouched 12.5 years later. Equities is where a big fraction should be invested for that time period.
The state pension is being phased out for future generations. Most people now have to have a "personal" pension, similar to investment schemes.
I have retired in Gibraltar. Taken my pension, savings, sold the house, packed up what we needed on our yacht and left the UK behind just before Starmer and his bunch of idiots got into power. Not one penny has he Taken from me. Will never return while he is in power. Loving the life, the people and the environment. Very little crime and we feel safe.
Labour ,,Tories, what's the difference ? Feel so let down by starmer and co, he's penalising the very people who voted for him,the poor,the sick,the vulnerable, whilst he has no problem with accepting "freebies" we on the other hand will be " criminalised" if we can't explain the slightest upsurge in our bank accounts when they start prying into them,should not be allowed ,next you'll be fined for eating white bread instead of brown as its "bad for you" sorry i voted labour ,
In the UK many pension providers have various pension products, it’s worth spending time to research them all and grow your pension if you are more than 10 years from retiring. I left my pension in this default things for a long time, then less riskier funds. Now am more comfortable with high funds with a trace record, I am invested in funds that beat the market consistently.
Throughout my working life I paid into a personal pension, it didn't really interest me and I left it to my advisor which was a mistake. Some of these people it seems are in it for themselves only. My pension was moved to different companies quite a few times and I now realise it was probably down to inducements and bigger management fee's for her. Now I have both pensions combined and while in a "safe," fund are accumulating nicely. Needless to say the advisor is gone but the inheritance tax is a worry.
Greece can get quite cold in January and February, colder than the UK
I never understood why people move their pension capital out of the stock market. In this case he has enough income to live on a good life, perhaps he has cash savings in ISA for emergencies, so all of his pension should be invested for growth
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk.
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Consulting with a financial advisor can provide personalized insights and help align your investment strategy with your retirement goals.
with the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and plan strategies accordingly.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
My CFA, Joseph Nick Cahill is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
Guiide is a great tool for UK residents, it is just the thing I've been looking for to test out my financial plan. I thoroughly recommend giving it a try.
So cambodia isnt your number one...thats ridiculous...😂
I was sold by the government extra years cash contributions to get an increased pension...... If i dont receive my pension for any reason including means testing - then that is FRAUD!
She's lovely
Inheritance tax change was announced but not implemented until April 2027. I guess we all expect to live beyond that so there's time to make plans if you don't die in the next 2 years 4 months.
I worked 49 years here in England I am foreign, a resident and a genuine citizen Why are they doing this to us? Are they collecting money for the boat riders? Bloody disgusting
Clearly explained and very informative. Thank you.
What if he was 100% equities from the outset? Presumably an even bigger “loss”.
The Pension companies (who probably know a bit about asset allocations) do not do a lot about making it easy to move back into equities. The real risk is leaving pensions to get worn away by inflation. True the funds suffered during crashes but always more than made up for themselves over bonds in the long term.
Did they have " Lifestyling " pensions 20 years ago ? I thought target date pensions were a relatively new concept. Interesting video.
I adjusted my presumed retirement age from 67 to 75 to keep the lifestyle ratio at bay on my Scottish Windows pension.
Exactly what I'm doing as well
I first saw this reported a few years ago and adjusted my funds in my work pension back into the growth funds. The drawdown/ accumulation fund was performing horribly I was 59/ 60 at the time. I was effectively seeing nil growth other than the money I was putting in. You have to be prepared to accept greater volatility brings greater risk but I’ve seen big gains the last few years even though I retired last November just short of 64th birthday. I have left this fund churning away in growth mode and am using a much smaller already crystallised fund to provide until a work DB scheme pays out then state scheme a year later
Yup. And transfer it all into portfolio 1.
Funny thing is, many people would be better of with an annuities while interest rates were low.
Thank you Dianne