1 – How long will my money have to last? We now tend to live longer. An average 65 year old in good health is expected to live for another 24 years and one in four people could now live to see their 95th birthday. Our retirement savings are going to have to last us for a long time – perhaps 30 years or more. Leaving them where they are for longer could make a big difference to our lifestyle in old age. Read more …
Closing above 6900 at last, our own FTSE 100 Share Index came the closest it ever has to establishing a new high. Indeed, it briefly rose above the previous closing peak, though not above the intraday high it once attained. Not before time. Both the highest closing level and the absolute peak achieved during a day’s trading occurred on the last business day of the last millennium – more than fifteen years ago. Perhaps by the time you read this, a new high has been established.
It’s only two months ago – on December 3rd – that Chancellor of the Exchequer George Osborne delivered his Autumn Statement. But we’re now just a few weeks away from his last Budget before the General Election, which will be held on May 7th. Read more …
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