Daniel Winkler’s Post

According to the latest stats, over 480,000 FTE teachers in England are heading back to state schools for the Autumn Term. And not every teacher will be happy to be back in the classroom. Paul Hammond looks at why you should take advantage of his Teachers’ Pension Review if you want to retire early. It's free for this month only (September 2024). https://smpl.is/9l7q2 #TeacherRetirement #RetirementPlanning #TeachersPensions

Winding down to retirement? In the UK we have a new Prime Minister who is 61 years of age. Rather than winding down to his retirement, Keir Starmer is planning for 10 years in Downing Street to achieve his objective of national renewal. Keir is like many people in their sixties who do not see retirement as an option for them just yet and it is great that they are able to keep on working if that is what they want. I just hope that Keir's is an age-friendly employer. Maybe the government should contact 55/Redefined for some tips. #retirement #unretirement #olderworkers

SUPERCentral's Michael Hallinan writes: The income free areas applying for 2024/25 financial year are $212 (single – previously $204) and $372 (couple combined – previously $360). The income free area is the amount of income that can be received in respect of each fortnight without adversely affecting entitlement to the age pension under the Income Means Test. Full article: https://lnkd.in/gFJgz-Ek #AgePension #Centrelink #retirement

👀 We made the front cover! Read the latest issue of Care Home Professional to hear from our CEO, Paul Morgan, about what sets #WallaceaLiving apart from others in the industry... https://lnkd.in/epmpYJT4 #IntegratedRetirementCommunity #IRC #RetirementLiving #LaterLiving #Retirement #PropertyNews

When do you think you’ll retire? Aged 65? Younger, if you’re lucky? Maybe older if you’re unlucky – or if you’re young right now? Someone from a high-income country starting their first job can expect to retire on average two years later than today’s pensioners. And in some countries the retirement age will be much higher. Denmark is planning on raising its pension age to 74 by 2070, writes Sajia Ferdous-Gilbert of Queen's University Belfast. "Yet despite all the changes over the last 70 years in society, job markets, educational systems and retirement policies and trends, the working age as defined by the wealthy countries of the Organisation for Economic Cooperation and Development (OECD) is still 15 to 64." Read the full column at https://lnkd.in/gnQvC7cC #HR #Retirement #Pensions

Did you know that estate planning laws vary depending on which state you live (and die) in? For example, Oregon doesn’t tax estates unless they’re valued at $1 million or more. 💰Oregon also generally doesn’t allow licensed funeral services practitioners to act as executors of your will. Learn more about Oregon’s estate planning laws in our latest blog → https://bit.ly/3SWceM0 #Oregon #Retirement #EstatePlanning

Costs of long-term old age care can deplete wealth, threaten seniors' financial wellbeing. Will the high costs of long-term care leave you broke? https://lnkd.in/ewXuxFQR #broke #longterm #highcosts #retirement

It's Q&A Time! 🌱🪙✍️ Q: "What does RetireReady NJ cost me?" A: RetireReady NJ charges Savers an annual asset-based fee of 0.75%. Essentially, you will pay $0.75 for every $100 in your account. The fee itself helps pay for the administration of the program. RetireReady NJ does not charge any costs to employers. #retirereadynj #newjersey #nj #retirement

The rise of the multi-retiree family and what it means for your finances! - By 2034, more than one million families will include at least two retired generations – an increase of nearly one third (32%) on today. - Multi-retiree families will need their collective finances to stretch further than ever before, and for longer, impacting both inheritances and day to day expenditure. - Financial advice can help the whole family look forward to a retirement on their terms, and financial security that protects the welfare and wellbeing of each generation. You can read our article here - https://lnkd.in/eA2fMih9 #FinancialEducation #Retirement #localbusiness #norwich #norfolk

🌟 Announcement: Are you aware of the changes to the basic state pension that will affect older retirees? According to Express, starting this April, many older retirees could receive £2,800 less annually. This development has caused confusion and concern. It's crucial to stay informed about pension updates and plan for the future. Let's ensure retirees are aware and prepared. Share your thoughts on this news. #StatePension #RetirementPlanning #FinancialSecurity https://ift.tt/PRHxaKn