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💸 How I’d budget a £40k salary in the UK 🇬🇧Assuming:✨ No student loan repayments📈 5% pension contribution❤️ One half of ...
18/10/2026

💸 How I’d budget a £40k salary in the UK 🇬🇧

Assuming:
✨ No student loan repayments
📈 5% pension contribution
❤️ One half of a couple, no kids

My approach? Keep it simple:

🏡 60% max on essentials: housing, bills, groceries and transport.

💰 20% on savings & investments: build your emergency fund and invest for the future.

🛍️ 20% on fun money: guilt-free spending on the things you enjoy.

The goal is to cover your needs, build wealth and still enjoy your life. Because budgeting shouldn’t mean cutting out all the fun. 👏

How would you split your salary? 👇

18/10/2026

🤔 I wonder how this would sit with most people, knowing that from 73 your income may reduce quite significantly.

Obviously this depends on market performance and the sequence of returns.

There are so many built in assumptions that could mean this wouldn’t materialise.

💸 I’ve assumed an average annual growth rate of 6%. Growth is stochastic (50th percentile) - meaning it’s more random and is not the target amount every year.

💪🏽 This is just one approach to flexi-access drawdown. If you have a flexi-access enabled pension, you may wish to take a different approach.

💰 These withdrawals are gross of tax. Usually, the first 25% of a personal pension is tax free and the remaining 75% is taxable at your marginal rate.

👨🏼‍💻 This model assumes no tax free lump sum was taken, and thus the first 25% of each withdrawal is tax free.

📱 I’ve also factored in a 3% escalation rate. Meaning that each year, you’re taking 3% more than you were the previous year.

⛓️‍💥 I know loads of you love annuities. I’m not discounting them. This is just a different approach.

👉🏼 Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please speak to an independent financial adviser before making any financial decisions.

17/10/2026

Would you rather take more in the earlier years or ensure the pot lasts longer enough that you won’t be left short? 🤔

💸 I’ve assumed an average annual growth rate of 6%. Growth is stochastic (50th percentile) - meaning it’s more random and is not the target amount every year.

💪🏽 This is just one approach to flexi-access drawdown. If you have a flexi-access enabled pension, you may wish to take a different approach.

💰 These withdrawals are gross of tax. Usually, the first 25% of a personal pension is tax free and the remaining 75% is taxable at your marginal rate.

🪰 This model assumes no tax free lump sum was taken, and thus the first 25% of each withdrawal is tax free.

📱 I’ve also factored in a 3% escalation rate. Meaning that each year, you’re taking 3% more than you were the previous year.

⛓️‍💥 I know loads of you love annuities. I’m not discounting them. This is just a different approach.

👉🏼 Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please speak to an independent financial adviser before making any financial decisions.

16/10/2026

What are you realistically aiming for in retirement?

If you’re younger than you have time on your side to set yourself up for the best future 🤩

DM me “RETIRE” and I’ll send you a link that could change your life.

16/10/2026

💷 Do you have enough to retire and meeting the minimum, moderate or comfortable standard?

Almost 1/4 of retirees had incomes below an acceptable ‘minimum’ standard of living 😳

👉🏼 Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please speak to an independent financial adviser before making any financial decisions.

16/10/2026

They’re not a scam, people.

Sure, the rules change every so often. They always have and they always will.

You won’t want to get to retirement and have nothing, so you might as well hedge your bets.

16/10/2026

Can you think of any others?

16/10/2026

🤔 What is the right move to take? The Chancellor is left with a dilemma in the upcoming budget.

Commit to not raising taxes on the working people, and raise money by taxing the banks on top of the corporation taxes they already pay.

But, will that play out as intended, or will it cost the normal person more to borrow money, or make it more challenging to borrow altogether.

This could be a big decision 🚨

👉🏼 Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please speak to an independent financial adviser before making any financial decisions.

15/10/2026

Do you think £180k is enough to consider retiring? Is this enough to live on? 🤔

💸 I’ve assumed an average annual growth rate of 6%. Growth is stochastic (50th percentile) - meaning it’s more random and is not the target amount every year.

🏋🏼‍♂️ This is just one approach to flexi-access drawdown. If you have a flexi-access enabled pension, you may wish to take a different approach.

💰 These withdrawals are gross of tax. Usually, the first 25% of a personal pension is tax free and the remaining 75% is taxable at your marginal rate.

🚨This model assumes no tax free lump sum was taken, and thus the first 25% of each withdrawal is tax free.

📱 I’ve also factored in a 3% escalation rate. Meaning that each year, you’re taking 3% more than you were the previous year.

🔒 I know loads of you love annuities. I’m not discounting them. This is just a different approach.

👉🏼 Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please speak to an independent financial adviser before making any financial decisions.

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