6 New Ideas to Generate More Retirement Income From monetizing garage space to selling niche expertise, retirees are boosting cash flow on their own terms. Kiplinger · Aug 19
The Retirement Expense Nobody Budgets for: Helping Adult Children Retirement planning usually covers the obvious expenses: housing, groceries, healthcare, travel, taxes, and the occasional dinner that somehow costs more than expected. One expense often slips through the cracks, though: helping adult children financially. A struggling son or daughter can turn a carefully designed retirement budget into a financial revolving… The Free Financial Advisor · Aug 19
The Biggest Tax Opportunities for Retirees Under the OBBBA — and How to Make the Most of Them OBBBA tax breaks can help you preserve more of what you've saved for retirement. Tax planning can ensure it keeps working for your family after you're gone. Kiplinger · Aug 19
Your Financial Advisor Recommends an Annuity: 8 Questions to Ask Before Buying An annuity can turn part of a retirement portfolio into a stream of income, but the sales pitch rarely tells the whole story. Before signing a contract, ask eight questions that reveal what the annuity costs, what it guarantees, how easily you can access your money, and whether the recommendation… The Free Financial Advisor · Aug 19
The UK pension pot question: Why 2026-27 is the year to decide Starting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indians holding UK pensions, transferring them to Indian QROPS before this deadline becomes vital. This process involves specific forms and an exact completion sequence. Indian pension schemes present a variety… The Economic Times · Aug 19
Student Term Plan: With a big education loan and long repayment years, should you go for it? Insurers are now offering term insurance plans specifically for students. These new plans provide affordable life coverage for young individuals. Coverage options extend for thirty to forty years, offering long-term financial security. Optional riders for critical illness and accidental death are also available. This initiative aims to secure financial protection… The Economic Times · Aug 19
Rising inflation underlines scale of Andy Burnham’s cost of living challenge PM’s plan to shield households from more pressure risks being overwhelmed by wider price rises The Guardian - UK · Aug 19
Household energy bills expected to jump to three-year high in October The predicted increase comes despite the Prime Minister’s plan to remove VAT from household electricity bills from October. Evening Standard · Aug 19
£500 State Pension Rise Comes With a Tax Sting as Full Rate Heads Above £12,570 UK pensioners may receive a £500 state pension increase next year, potentially exceeding the income tax threshold. The rise depends on wage growth and inflation figures due in September. International Business Times UK · Aug 19
Your Grocery Store App Says You Saved $42 — Did You Really? Retailer apps have become the new digital grocery circular, promising to track your spending and highlight your total savings each time you scan your loyalty code. It is common to walk out of the store and see a splash screen claiming, “You saved $42 today!” This number provides a quick… Grocery Coupon Guide · Aug 18
Super members to get more advice in financial shake-up The financial advice sector will undergo a major overhaul in an effort to thwart "bad actors" attracted to Australia's huge pool of retirement savings. AAP · Aug 18
7 Questions to Ask Before Moving Money From a 401(k) Into an IRA Moving money from a 401(k) into an IRA can look like a simple retirement housekeeping chore: transfer the money, pick some investments, and move on with life. But that little rollover button can affect investment choices, fees, taxes, withdrawal rules, and even how much control comes with the account. The Free Financial Advisor · Aug 18
7 Things to Check Before Lending Money to Someone You Love Lending money to someone you love can feel like the natural response when a family member, partner, or close friend is struggling. Yet a financial favor can quickly become a source of resentment when expectations are unclear or repayment does not happen as planned. Bankrate’s 2025 Financial Taboos Survey found… Budget and the Bees · Aug 18
7 Grocery Shopping Rules That Sound Frugal but Can Actually Cost You More Frugal living is often framed as a strict set of rules meant to shield your wallet from retail markups and marketing traps. While strategies like bulk buying and couponing are generally sound, they can easily turn into expensive pitfalls when applied without nuance. Many “money-saving” habits are based on outdated… Grocery Coupon Guide · Aug 18
The Free Financial Advisor · Aug 18 The 4% Rule Isn’t a Retirement Law: 6 Reasons Your Withdrawal Rate May Need to Be Different The 4% rule sounds wonderfully simple: withdraw 4% of a retirement portfolio in the first year, then increase that dollar amount with inflation each year. But simplicity can become dangerous when a rule of thumb starts sounding like a commandment carved into a retirement-planning stone tablet. William Bengen’s original research…
The Guardian - AU · Aug 18 Pauline Hanson is targeting superannuation. Should it be easier to access your savings? Investment experts say early withdrawal can substantially reduce retirement funds, but they suggest reducing contribution rates
Evening Standard · Aug 18 Energy price cap hike set to send July inflation surging Most experts are forecasting that CPI inflation will rise to 2.9% in July, up from 2.6% in June.
Latin Times · Aug 18 How to Build a Financial Plan Around a Medical Procedure Planning ahead for medical procedure costs can help patients estimate out-of-pocket expenses, prepare their budgets, and avoid unexpected financial strain.
The Economic Times · Aug 18 Psychology says people who keep emergency cash in multiple places may think about future uncertainty differently Keeping emergency cash in several places may reflect a particular way of managing uncertainty. The person may not expect anything to go wrong. Instead, they feel more secure knowing that if something unexpected happens, they have a backup and more than one option available.
Kiplinger · Aug 18 The '401(k)-Rich and Cash-Poor' Retirement Trap Maxing out a traditional 401(k) without cash reserves triggers tax spikes and market losses. Here's where and how to save cash for easy retirement withdrawals.
The Independent UK · Aug 18 Which type of savings account is best for me? Fixed-term, easy access, ISAs and regular savers - they can all have a place in your plan
The Economic Times · Aug 18 Techie shares news about his life after months of unemployment, says people should always have... An unemployed techie has shared the emotional and financial challenges of being without a job for two and a half months. In an Instagram video, he spoke about mental fatigue, shrinking savings and the pressure of living in a metro city. He also stressed the importance of professional connections and…
The Independent UK · Aug 17 How switching your bank account could save you more than £200 Two thirds of Britons stay with the same bank for more than a decade, reserach shows
The Guardian - AU · Aug 17 Rightwing critics argue we might as well scrap super. Here’s why that could spell disaster for Australia’s finances Spending on aged pension will be stable for decades to come, experts argue, despite claims by Bragg and Hanson
The Free Financial Advisor · Aug 17 The 10-Year Retirement Countdown: What to Check When Retirement Stops Feeling Far Away Retirement can feel wonderfully vague when it sits 20 years away, but the mood changes when the calendar puts a decade between today and the last day at work. Ten years gives plenty of time to make meaningful improvements, but it also puts enough pressure on the plan to reveal…