19 November 2019

It's time to talk about money

5 min read

 

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Money – it’s a tricky subject, isn’t it? If you feel uncomfortable talking about it, you’re not alone. Even in this day and age, it’s still seen by many as a taboo subject or something that it’s just easier not to talk about.

But having money conversations, whether that’s with your partner, children, parents or friends, is a good thing to do and can improve the way you manage your money and your general well-being.  That’s why this week is Talk Money week when we’re all encouraged to get talking about money – and this year the focus is on pensions.

Let’s talk about pensions

One particularly important subject to talk about is retirement. It could last 30 years or more so it’s crucial to plan for it.

With that in mind, we’ve created a guide to help you understand how your income and spending might change in retirement. The guide takes you through the different types of income you might have – from your state pension to workplace and private pensions and explains your options for taking money from your pension pots.  It’s packed full of useful links to help you track down lost pensions, find out what state pension you might get, see what state benefits you could apply for, and understand how much income you might be on track to have in retirement. 

More help available

The retirement leaflet is just one in a range of simple money guides we have.  You can find all the guides covering the following subjects here

  • Budgeting
  • Debt
  • How to cut your bills
  • State benefits
  • Retirement
  • Making a will
  • Power of Attorney
  • When someone dies
  • Separation or divorce
  • Becoming a carer
  • Losing your job
  • When someone is ill