Posts By: DG Financial

How gut instinct is guiding financial futures

A new report reveals that millions rely on guesswork when planning for retirement.

Millions of UK adults are approaching retirement guided more by intuition than by careful planning, according to recent report findings[1]. The research reveals that one in six people (16%) rely on gut instinct to determine how much they will need for a financially secure retirement. Alarmingly, nearly two in five (39%) have not calculated their retirement needs at all.

WHAT TO CONSIDER WHEN TAKING TAX-FREE CASH

MAKE A MORE INFORMED DECISION ABOUT HOW BEST TO UTILISE YOUR PENSION SAVINGS

Making the most of your pension savings requires understanding your options and planning carefully for the future. If you have a defined contribution pension, a key feature to consider is the ability to withdraw tax-free money. This can provide a valuable financial boost, whether you plan to use it for immediate expenses, long-term investments or as a safety net in retirement.

PLANNING FOR LIFE’S MOST SIGNIFICANT MILESTONES

UNDERSTANDING RETIREMENT CASH FLOW MODELLING

Retirement marks one of life’s most significant milestones, offering the chance to enjoy the rewards of years of hard work. However, ensuring these years are comfortable and secure depends on having a well-organised financial plan. Understanding how to manage your finances during this phase is crucial for maintaining your lifestyle and peace of mind.

TEN YEARS OF PENSION FREEDOMS

RESEARCH REVEALS WORRYING TRENDS AMONG SAVERS

Ten years ago, pension freedoms revolutionised how people access their retirement savings. These changes offered savers over 55 greater options to withdraw and manage their pension pots. However, a decade later, research indicates that many individuals are making critical financial decisions without seeking advice or fully understanding the tax implications[1].