THE 3 BIG RETIREMENT MISTAKES - and how to avoid them

🤔 Do you want to retire without worry?

🙌 JOIN THE WAITLIST - 1-1 Strategy Call with me - Find out more below 👇

💷 Grab the FREE eBOOK 5 Pension Tax Mistakes to AVOID & Join my Retirement Secrets Newsletter
👇  GET ACCESS

✅ Learn the 5 KEY pension tax mistakes to AVOID, so you don’t leave the taxman a tip
✅ Understand what are the 2 financial questions EVERYONE needs to answer
✅ Discover the evidence-based approach so you can love your retirement and fill it with fun and purpose
✅ Understand what your most valuable retirement asset is
✅ Find out the secrets professionals use in a LIFE-CHANGING retirement masterclass

&

✅ Stay ahead of the curve with regular updates to changes to pension legislation & the strategies I’m using with clients.

EXPENDITURE FORM💁‍♂️ 💷

CALCULATORS 📝

TIMECODES

0:00 - How to avoid the big 3 mistakes
1:04 - The workplace pension problem
2:20 - The 'low risk' pension issue
3:15 - The fix
3:45 - Can you plan your retirement journey?
4:00 - The data on retirement
5:02 - What I think you should do
7:00 - The unique retirement risks
8:33 - How to find out your risks

3 PENSION TAX MISTAKES

STATE PENSION EXPLAINED

7 CRITICAL PENSION MISTAKES

CONFUSED ABOUT PENSIONS? Watch this video

A BORING BUT IMPORTANT DISCLAIMER:
This channel provides information on general financial planning. It is for educational purposes only and does not constitute financial advice. Unless you take regulated financial advice only YOU are responsible for your own decisions. Principles Personal Finance is an educational channel and is not affiliated with my employer. As such views are stated are individual and should be seen as such.

Investment involves risks. The investment return and principal value of an investment may fluctuate so that an investor's portfolio, when redeemed, may be worth more or less than its original value. Past performance is no guarantee of future results. The information provided in this presentation has been compiled from sources believed to be reliable and current, but accuracy should be placed in the context of the underlying assumptions.

A WARNING
There are some scams on YouTube where a profile image is copied and then used to promote cryptocurrency scams and all that nonsense. I will never, ever, contact you selling any investment product or service. I would never do that, am not allowed by regulation and it goes against the intention of this channel to educate and inform.

[danguee]

4:20 I see what you did there: we should all be invested in REIT's? That would have been a great place for retirement money in the last 10 or even 20 years. Not so sure going forward....





[Edit: only kidding. I do know those were typos....]

[rabihah]

Great content with clear explanation. Thanks for another quality video.

[WoolhamptonSchool]

Some great advice in this video. Many thanks and will take a look at your other videos.

[samanthapattison]

The lifestyle design is also to ensure minimal impact from volatility at end of growth period?

[leecraddock]

George, thanks for another useful video iam still a couple of years off of retirement, partly due to a lifestyle DC scheme heavily biased to Gilts, but lots of sensible advice. Have quite a few friends in their late sixties and seventies and their expenditure has not dropped. Long haul trips replaced with a few cruises etc. Cash modelling forecasting and having a realistic grip and understanding on your expenditure are clearly the key

[WoolhamptonSchool]

Meant to add, I totally agree with your comment about expenditure pre and post retirement. When I read, as I often do (admittedly in the Investors Chronicle) that someone needs at least £50k per year in retirement, I wonder how am I able to live quite comfortably on half of this. The answer is that I live a relatively simple lifestyle and anticpate that this will continue into my retirement.

[danguee]

If you're doing flexi access and can be expected to have a 20-30-year retirement, there's no point in 'going safe' as you approach retirement. To me, a 20-30-year retirement counts as a long-term investment horizon and you need to be invested in things that have real returns even if that comes with 'risk'. To me, there's nothing more risky than putting hard-earned income into cash or bonds with really low returns for a quarter of a century.

[samanthapattison]

Should we transfer all pensions into our defined benefit if we have one?

[aryanmaharaj]

Great video!! How do I get in contact with you ?

[martinaston]

So 3 stages of retirement “Go gettin, Slow gettin, No gettin…