Introduction Let me start this post with hopefully the most obvious statement I’ve written to date: nobody’s primary reason for getting married should be because for money, let alone purely for tax benefit reasons. If you are a regular reader of this blog, you’ll know that in June 2017 I got engaged to the love of my life and we married in Summer 2018. Due to my interest in personal finance I was keen to know if getting married would…
PLEASE NOTE: If you haven’t read Part 1 of this piece I recommend you start with that, before reading on, you can find it here. Calculating how to reach your Target income Making calculations years into the future is far from easy, for starters we might all be retired in 30 years with Artificial Intelligence (AI) and robots doing all our work for us. Even without considering massive changes like that, making calculations is harder, a couple of percentage differences in…
Introduction There appears to be more recognition than ever of the difficulties first time buyers – the majority of whom are millennials – are having trying to get onto the property ladder. On first glance the Lifetime ISA (LISA), along with the Help to Buy ISA, is just another tool the UK government is using to add at least a little more balance to the system. But in reality, the LISA is more than that. The LISA is also…