by Dan Woodruff | May 21, 2019 | Business Owner, Financial planning, Getting Divorced, High Income, Illness & personal injury, Managing another person's assets, Planning Your Inheritance, Professional connections, Prudent saver, Receiving Inheritance, Retirement
Your Emergency Fund An emergency fund is a pot of money you should have available for use if an unexpected bill comes your way. This is one of the most important elements of your financial planning. Everyone should have an emergency fund, but most people do not have...
by Dan Woodruff | May 8, 2019 | Financial planning, Retirement
The Safe Withdrawal Rate in Retirement When you approach retirement, you should think carefully about how long your money will last, especially if you plan to use flexible pensions, or drawdown to access your capital. Your retirement goal should be to ensure that your...
by Dan Woodruff | Nov 28, 2018 | Retirement, Woodruff Financial Planning
OUR GUIDE TO PENSION LIFESTYLING Pension lifestyling aims to gradually reduce risks in your pension investments as you approach retirement age, and is a common feature of most pension schemes. You should read this article if you are 10 years away from your pension...
by Dan Woodruff | Apr 26, 2018 | Business Owner, Getting Divorced, High Income, Illness & personal injury, Managing another person's assets, Planning Your Inheritance, Professional connections, Prudent saver, Receiving Inheritance, Retirement
CONTINUING ACCOUNT OF A DECEASED INVESTOR Since April 2018 the rules have changed on how ISAs can be passed on to spouses and civil partners on death. The rules allow for a continuing account of a deceased investor (CADI). These changes improve the rules on Additional...
by Dan Woodruff | Mar 23, 2018 | Business Owner, Financial planning, High Income, Managing another person's assets, Planning Your Inheritance, Prudent saver, Receiving Inheritance, Retirement
WHY ISA SEASON IS IN APRIL, NOT MARCH Have you heard of ‘ISA season’? Every March, just before the end of the tax year, we read in the financial press about how you should ‘use your ISA allowance, or lose it’. This article explains the flaw in...
by Dan Woodruff | Feb 21, 2018 | Business Owner, High Income, Managing another person's assets, Prudent saver, Retirement
4 EXPERT STRATEGIES FOR TAX-FREE PENSION WITHDRAWALS If you want to access your flexible pensions for capital or income you should think carefully about how to access your money. This article explores 4 strategies to get tax-free pension withdrawals, and also 2...
