Monthly Archives: September 2013

Housing and fuel costs are the largest single expense

T he figures show that household costs fluctuate over time, with annual costs peaking at £45,000 when the head of the household is aged between 30 and 49, reflecting the costs of raising children. (more…)

Resisting the temptation to make short-term adjustments

Some investors may have had a roller-coaster ride in recent years. A market fall can happen at any time. In years past, they’ve been triggered by natural disasters, oil price spikes, wars, bank collapses – and now there’s the eurozone debt crisis. The reality is that market swings happen often, and when they do, it can be unsettling for many investors. (more…)

One in four retired homeowners hope to raise £62,000 by moving into a smaller home

Nearly three quarters (73 per cent) of the UK’s 10.4 million pensioners own their own home, although more than a quarter (26 per cent) expects to sell their property to raise money or simply to make their life easier, according to new research from Prudential. (more…)

Almost two million retirees have less disposable income than an 11-year-old child

“Look after the pennies and the pounds look after themselves” is an age-old saying dispensed to children as they learn the basics of money. However, adults may want to take heed of their own wise words before they reach retirement, as almost two million retirees currently have less disposable income than a child. (more…)