One of the biggest worries for new retirees is that they will run out of money. However, there is now evidence that the opposite seems to be happening, retirees are not actually spending enough. Researchers at Texas Tech University stated, “Rather than spending down savings during retirement many studies have found the value of retirees’…
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In 1994, William Bengen published research that revolutionised the financial planning world. He was trying to figure out how much money retirees could withdraw from their portfolio each year without running out of money. Bengen found that retirees throughout history could have withdrawn 4% from an investment portfolio that held 50% in bonds and 50%…
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On Wednesday, 16th June, the Foresight team went to Alton Towers Resort for a well-deserved Summer day out. The British weather was very kind and the sun shined all-day. Even better, not many others had the same idea, so everyone was able to experience all the rides with very little queuing! In the past we…
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Within this new tax year, which started on 6th April, there are a couple of new ways in which you could potentially pay more tax. National Insurance (NI) is rising, but the threshold at which it starts to be paid will also be raised. NI is set to rise by 1.25% from April and…
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Leaving money to a charity of your choice within your Will is a great way to ensure a positive legacy for the future. It makes the money you worked so hard for during your lifetime continue to do good when you are no longer here. Additionally, if you give at least 10% of your…
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We are pleased to welcome James Allen to the team as our latest Wealth Strategist, to ensure that we are able to maintain and improve our service levels as we continue to grow. James has been working in financial services for 14 years in areas such as mortgages and protection and is looking forward to…
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We are delighted to welcome Kat Thanes to our team as our in-house Marketing Executive. Kat has been with us since April and has been working away behind the scenes. You may have noticed some of the changes she has already implemented and over the next few months many more will appear. Kat’s role with…
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Future planning is a key factor for many people in later life. Having an up-to-date Will is the number one way that people use to communicate their wishes and, although it is an important element, it might not be the most effective way to ensure your children, family or friends get the best outcome from…
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Foresight has continued to grow, even through the pandemic, and the acquisition of Platinum is another step in our ambitious growth plans. Over recent years it has become apparent that the ever-increasing level of regulation and compliance is leading to a smaller number of larger financial advisers, who are able to deal with this overhead…
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The pandemic has made us all take a step back and reassess how we are working. Having a good work life balance has never been more important. We are really appreciative of our team at Foresight and have already made a number of internal changes to reflect this, such as offering flexible and hybrid working. We…
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