Have you ever worked in the UK for 3 or more years and made National Insurance contributions and are now living in Australia?
If you have then you should read on…
If you’re thinking about retiring, especially thinking about retiring in another country such as Australia, you’ll no-doubt have come across the term: SIPP. So what is a SIPP pension? SIPP stands for self-invested personal pension.
If you’re thinking about retiring, especially thinking about retiring in another country such as Australia, you’ll no-doubt have come across the term: SIPP. So what is a SIPP pension? SIPP stands for self-invested personal pension.
The simple answer; it’s an unnecessary risk which can be easily avoided. For many, retirement is about certainty. Certainty of income, certainty that your income will always be enough to help you live the lifestyle you want.
Everyone’s retirement goals are a little different, so that that will depend on your individual life priorities. But one question is always asked. How much money will I need in retirement? That’s because it’s not easy to change your plans (and income) once you do retire. Whilst it’s a great feeling to know that you have all the savings and income you’ll need – plus a little extra for those special moments and retirement experiences – it’s something that needs planning for.
Our finances can be a complex topic, but it helps to stay grounded and get back to basics every once in a while. Here’s some basic financial tips to help you change how you think about money.
