Lifetime Wealth Management Ltd

11/04/2022

Since the start of 2022, you’ve probably noticed that global markets – and perhaps the value of your pension or investments – have been a little uncertain.

It’s natural to feel nervous or worried when national or global events have a direct influence on your wealth. In recent months, there has been an almost perfect storm of events that have conspired to unnerve markets around the world, including:

- The Russian invasion of Ukraine
- Rising inflation across the developed world
- Steep rises in the cost of energy for both domestic and business customers
- Ongoing Covid concerns
- Continuing global supply chain issues.

Click on the link below to find out more about how markets have fared so far in 2022, and three helpful tips to manage your concern during a difficult period.

Since the start of 2022, you’ve probably noticed that global markets – and perhaps the value of your pension or investments – have been a little uncertain. Over the last week or two, the ongoing situation in Ukraine has exacerbated this volatility. It’s natural to feel nervous or worried whe...

14/03/2022

A million-pound pension can provide you with financial freedom in retirement, but it may not deliver the millionaire lifestyle you think.

Having access to a £1 million can conjure images of an extravagant lifestyle, from chartering yachts to hitting designer shops. While having a £1 million pension can mean you can indulge in things you love or tick off items on a bucket list, you still need to think long-term...

https://www.lifetime.co.uk/2022/02/01/what-kind-of-lifestyle-does-a-1-million-pension-buy/

15/11/2021

Sustainability has become a key topic for governments, businesses, and communities around the world. If you want to reduce the impact your lifestyle has on the environment, it can be difficult to know where to start.

Our latest guide looks at 10 changes you can make to your life to reduce your carbon footprint, limit waste, and support sustainable projects.

Among the steps the guide covers are:

- Making your home more energy-efficient
- Choosing a renewable energy supplier
- Changing your diet
- Investing sustainably
- Offsetting your emissions.

To download our guide, please visit the link below...

Sustainability has become a key topic for governments, businesses and communities around the world. If you want to reduce the impact your lifestyle has on the environment, it can be difficult to know where to start. Our latest guide looks at 10 changes you can make to your life to reduce your carbon...

28/09/2021

When you think about your future, how far ahead do you plan? Perhaps you’ve thought about what your life will look like in 10 years, but have you considered your later years?

While retirement planning is common, it’s often the early years of retirement that people focus on. However, your needs and lifestyle wishes can change drastically over a retirement that could last decades. It’s just as important to think about how you’ll spend your later years as those first years when you are still celebrating retirement.

Visit our website to download the guide to later-life planning and care to start thinking about your long-term plan...

https://www.lifetime.co.uk/2021/08/31/the-guide-to-later-life-planning-and-care/

01/09/2021

How much do you need to live the retirement lifestyle you want? It’s a question that’s on the mind of many people as they near their retirement date.

Now research suggests that couples need an income of £26,000 to live comfortably, but if you want some luxurious extras, that needs to rise to £41,000...

https://www.lifetime.co.uk/2021/07/15/is-26000-the-secret-to-a-happy-retirement/

19/07/2021

When saving into a pension, reaching £1 million can seem like an impossible challenge. But the magic of compounding can mean it’s easier to reach than you might think, especially if you start saving while young.

Compounding means that the returns earned from investments are reinvested. This means they go on to generate returns of their own. Over time, this can help savings to grow faster. As pensions are usually invested for decades, compounding plays a critical role in how your retirement savings grow over time. Even small, regular contributions can help you build a sizeable nest egg thanks to compounding...

https://www.lifetime.co.uk/2021/07/15/how-compounding-could-help-younger-generations-become-a-pension-millionaire/

20/05/2021

Do you know who your current pension provider is? If so, do you know why you chose them? Even when you’re making regular pension contributions, these may not be things you think about that often. While, in many cases, your employer simply chooses your pension provider and you stick with them, you may want to consider switching.

Over time, your pension is likely to become one of your largest assets and key to your long-term plans. A regular review, and switching when necessary, can help you get the most out of your savings...

https://www.lifetime.co.uk/2021/04/09/5-reasons-to-switch-pension-providers-to-boost-your-retirement-savings-and-3-things-to-do-first/

07/05/2021

It really is never too soon to start investing through a pension. You may not be thinking about the retirement lifestyle that your children or grandchildren will enjoy quite yet, but opening a pension before they even start school can be worthwhile.

If you’re looking for a way to help secure a child’s financial future, a pension can ensure their later life is far more comfortable and provide them with a valuable foundation for later life...

https://www.lifetime.co.uk/2021/04/09/why-opening-a-pension-for-a-child-before-they-start-school-can-unlock-powerful-growth/

23/04/2021

The pandemic has led to more people taking control of their finances and investing. If you’re looking for some investing tips, the following pearls of wisdom from Warren Buffett are a great place to start.

Known as a businessman and philanthropist, Warren Buffett consistently ranks on lists of the world’s richest people, with an estimated net worth of over $80 billion in October 2020. He primarily made his money through investing and is often known as one of the world’s most successful investors. So, while the antics portrayed in The Wolf of Wall Street may seem more exciting, learning investment lessons from Warren Buffett can be far more valuable.

Here are just a few of Warren Buffett’s quotes to guide your investment outlook...

https://www.lifetime.co.uk/2021/03/09/7-powerful-investments-lessons-from-warren-buffett/

08/04/2021

In 2020, Covid-19 dominated the headlines. There were concerns that it would mean some of the challenges and opportunities ESG investing represents would fall to the wayside.

However, in many cases, the pandemic has actually moved ESG investing up the agenda...

https://www.lifetime.co.uk/2021/03/09/how-has-covid-19-affected-esg-investing-signs-suggest-it-could-become-mainstream/

29/03/2021

Following a year where we’ve spent more time in our homes, Brits are choosing to renovate their properties so that it suits their tastes and lifestyle.

If you’re looking to take on a significant cost to refresh your home, there are several ways you can fund it...

https://www.lifetime.co.uk/2021/03/09/how-to-fund-property-renovations-to-create-the-stunning-home-you-want/

22/03/2021

More people are considering and starting to pay into a self-invested personal pension (SIPP). Increased engagement with retirement planning is good news, but a SIPP isn’t the right option for everyone.

If you’re thinking about opening a SIPP, it’s important you understand what they are and the drawbacks as well as the advantages...

https://www.lifetime.co.uk/2021/02/04/self-invested-personal-pensions-are-they-right-for-your-savings-and-achieving-life-goals/