Saving to retire early, future UK rate rises and equity release 'tricks to beat the system' - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Get Fired up with your savings to retire early Inspired by an "online movement" known as Fire - standing for ‘financial independence retire early', this Sunday Times article discusses various ways people can look to squirrel away savings when young in order to reap the benefits of an early retirement. According to the piece, the key number when raising cash to retire is not a salary but a savings ratio - more precisely, the percentage of disposable income someone saves. According to the Sunday Times, the savings ratio of the average British household dropped to just 5.2% last year - t...
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