by Owain Blunkett Evans | Mar 13, 2023 | News, Plan Well
Higher mortgage rates and rising costs of living are making it harder for some mortgagors to afford their mortgage repayments. This could lead to some households defaulting on their mortgage or having to cut back sharply on their spending, posing a significant risk to...
by Owain Blunkett Evans | Feb 13, 2023 | Live Happy, Tips & Advice
It’s estimated that to maintain your current lifestyle, you’ll need around 60 – 70% of your present monthly income. The reduced outgoings are due to not having a mortgage to pay, reduced commuting spend and, hopefully, your children can now support themselves...
by Owain Blunkett Evans | Jan 10, 2023 | News, Plan Well
This often leaves them less financially resilient and in the context of the cost of living crisis, where everyone is feeling the pinch, it places additional pressure on their financial wellbeing. This can have an impact in the here and now but can also contribute to...
by Owain Blunkett Evans | Dec 6, 2022 | Plan Well, Tips & Advice
Research has highlighted that reducing or stopping pension contributions, even for a relatively short period of time, can have a significant impact on the final pot, with savers potentially being thousands of pounds less well off in retirement as a result[1]. ...
by Owain Blunkett Evans | Sep 6, 2022 | Plan Well, Tips & Advice
Dreams of an early retirement have been crushed by rising inflation. Those retiring at 55 now stand to run out of money 15 years sooner than they previously would have. Soaring prices have dramatically cut the longevity of pension pots, with once-comfortable retirees...
