Retire Well with Wealth of Advice

In this episode of Retire Well, Matthew and Joe explore one of the most important — and often misunderstood — aspects of retirement planning: how to choose the right investment strategy for your pension and long-term goals.They cover:- Understanding your personal goals: income, growth, or legacy?- The “Risk Triangle”: need, capacity, and willingness to take risk- Sequencing risk and how to protect against it- Asset classes explained: equities, bonds, cash, property, and alternatives- Active vs. passive investing — which is right for you?- Multi-asset funds vs. specialist fund managers- Tax wrappers: pensions, ISAs, and how to invest tax-efficiently- Behavioural psychology and the value of financial adviceWhether you're approaching retirement or just starting to build your pension, this episode is packed with practical insights to help you invest with confidence.📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe dive deep into one of the most topical financial planning issues today: Inheritance Tax (IHT) and how changes to pension legislation could impact your estate.They explore:- The implications of pensions being included in your estate for IHT- The 7-year rule and gifting strategies- How rising house prices and frozen tax bands are pulling more people into the IHT net- Smart ways to pass on wealth tax-efficiently using pensions, trusts, life insurance, and surplus income- Real-life examples of multi-generational planning- Why reviewing death benefits and pension structures is crucialWhether you're planning for retirement or thinking about your legacy, this episode is packed with practical insights and actionable advice.📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--STEP BY STEP FOR ST CUTHBERT'S HOSPICEThe Wealth of Advice team is walking and running a collective 1,988km between 19th August and 19th September, honouring the year St Cuthbert’s Hospice was founded. We’re aiming to raise £1,988 to support the incredible work the hospice does every day, providing compassionate care to those facing life-limiting illnesses in Durham.Whether it’s a morning jog, weekend hike, or lunchtime stroll; every step counts. To find out more and donate to the cause, visit our website at the link below:https://www.wealthofadvice.co.uk/step-by-step-for-st-cuthberts-hospice--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

Investing can often feel complicated, intimidating, or even risky. But in reality, long-term investing is less about predicting markets and more about understanding how they work. This episode marks the start of a new four-part Investment Basics mini-series, designed to break investing down into simple, practical ideas — not stock picking, not market timing, but the fundamentals that shape long-term wealth and retirement outcomes. Many people don’t avoid investing because they can’t — they avoid it because they don’t fully understand it. Yet UK households hold around £1.4 trillion in cash savings, much of which gradually loses value to inflation over time. --CHAPTERS00:00 - Introduction02:35 - What Is Investing?05:24 - Why Does Compounding Matter?09:11 - Equities, Bonds and Alternatives Explained14:00 - Risks of Investing and Understanding Volatility18:46 - How Do Markets Behave?23:06 - Good & Bad Investor Behaviour31:12 - Listener's Question--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.retirewellpodcast.co.uk--SUBSCRIBE TO OUR NEWSLETTERwww.retirewellpodcast.co.uk---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

Join us for a special live‑recorded episode of Retire Well with Wealth of Advice, captured at our recent client conference with over 100 attendees.In the first half, Matthew and Joe break down what the real value of financial advice looks like today—from risk management and asset allocation to behavioural coaching, tax‑efficient income planning, and how flexible pensions have transformed retirement.In the second half, we open the floor to a live audience Q&A, joined by:Chris Breward – Managing Director & Chartered Financial PlannerJordan Linfoot – Head of Investment ResearchTogether, we tackle client questions on:How advice has changed over the decadesActive vs passive investmentsThe role of alternatives like goldWhether you should change your retirement investment strategyThe impact of political shifts and new budgetsWhether UK pension rules may force more investment into UK marketsNet zero, geopolitics, and the future of marketsAnd much moreThis episode gives a candid, behind‑the‑scenes look at how advisers think, plan, and support clients—especially in a world of rising complexity and constant change.If you'd like to attend a future live recording or event, let us know!📩 retirewell@wealthofadvice.co.ukDon’t forget to like, comment, subscribe, and share with anyone planning their retirement journey.--CHAPTERS00:00 - Introduction01:57 - Why Financial Advice Exists04:00 - Asset Allocation, Risk and Rebalancing08:08 - Behavioural Coaching12:56 - Tax Wrappers and Tax Efficiency15:44 - Q&A--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.retirewellpodcast.co.uk--SUBSCRIBE TO OUR NEWSLETTERwww.retirewellpodcast.co.uk---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

This week, Matthew and Joe wrap up the Pension Basics mini‑series by applying the key concepts to five practical retirement scenarios. From small‑pot withdrawals and early DB pension decisions to partial annuities, safe withdrawal rates, and household‑level planning, the episode shows how the right structure - not just investment performance - can transform retirement outcomes.They finish with a listener question on whether to top up National Insurance contributions, breaking down the numbers and when it’s worth doing.Plus: details of this week’s live bonus episode from the Wealth of Advice annual client conference.--CHAPTERS00:00 - Introduction01:44 - Small Pots, Big Consequences07:25 - Weighing Early DB Pension Reductions14:09 - Making the Most of DB AVCs18:14 - Guaranteed Income Without Losing Flexibility24:49 - Coordinating Household Retirement Income32:22 - Listener's Question--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.retirewellpodcast.co.uk--SUBSCRIBE TO OUR NEWSLETTERwww.retirewellpodcast.co.uk---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe break down two of the most important sources of guaranteed income in retirement: the State Pension and annuities.This is part three of the Pension Basics mini‑series, following episodes on Defined Contribution and Defined Benefit pensions.Today, they explore:🔍 What You'll LearnHow the new State Pension works, how much it pays, and why the triple lock has become so controversialState Pension age changes — and what rising life expectancy means for future retireesHow to check your National Insurance record, fill gaps, and forecast your entitlementWhether it’s worth deferring your State Pension (and when it isn’t)What an annuity actually is — and why they’re becoming popular againHow annuity rates are set (age, health, postcode, interest rates and more)The difference between single life, joint life, guarantee periods, and inflation‑linked annuitiesEnhanced annuities: why some people qualify without realisingThe pros and cons of guaranteed income vs. flexible drawdownHow annuities are protected by the Financial Services Compensation Scheme (FSCS)💬 Listener QuestionMarty asks: “How are annuity payments guaranteed if the provider fails?”Matthew explains how FSCS protection works and why retirees don’t need to worry.📌 Useful ForAnyone approaching retirement, planning their income, or trying to understand how State Pension and annuities fit into a wider retirement strategy.--CHAPTERS00:00 - Introduction00:36 - State Pension Explained09:40 - Annuity Basics14:36 - Annuity Options23:18 - Annuity Pros and Cons31:51 - Listener's Question--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.retirewellpodcast.co.uk--SUBSCRIBE TO OUR NEWSLETTERwww.retirewellpodcast.co.uk---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode, Matthew and Joe dive into the world of defined benefit (DB) pensions—often known as final salary or career average schemes. Following their previous deep‑dive into defined contribution pensions, they now unpack how DB pensions work, why they’re often considered the “gold standard,” and the key decisions you’ll face as you approach retirement.They break down:-The differences between final salary and career average schemes-How years of service, accrual rates, and salary calculations determine your guaranteed income-The impact of early or late retirement on your pension-How tax‑free cash, commutation factors, and AVCs work within DB schemes-Whether transferring to a defined contribution pension ever makes sense-What happens to your pension when you die, including spouse and dependent benefits-A listener question on whether taking DB income triggers the Money Purchase Annual Allowance (MPAA)Whether you’re actively planning retirement or trying to make sense of a past employer’s pension, this episode offers a clear, practical guide to understanding one of the most valuable retirement benefits available.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--CHAPTERS00:00 - Introduction02:30 - How do Defined Benefit Pensions work?09:36 - Defined Benefit Tax-Free Cash Explained10:55 - Early Retirement with a Defined Benefit Pension15:33 - Maximise Scheme Pension or Lump Sum?21:42 - Defined Benefit Transfers26:42 - Listener's Question & Death Benefits--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.retirewellpodcast.co.uk--SUBSCRIBE TO OUR NEWSLETTERwww.retirewellpodcast.co.uk---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe kick off a new pension-focused mini‑series by going back to basics on defined contribution (DC) pensions — the type of pension most people now rely on for retirement.They explain what a DC pension really is, why the responsibility now sits with you rather than your employer, and how contributions, investment choices, and tax rules all shape your future retirement income. The discussion covers how DC pensions grow, the role of risk and investment strategy, common pitfalls of default lifestyle funds, and why pensions are anything but “set and forget”.You’ll also learn when you can access your pension, how tax relief works on the way in, how withdrawals are taxed in retirement, and the key differences between lump sums, flexi‑access drawdown, and annuities. Along the way, Matthew and Joe tackle common misconceptions — from tax‑free cash myths to why taking too little risk can be just as dangerous as taking too much.Whether you’re early in your career, approaching retirement, or simply trying to understand what your pension might actually give you, this episode will help you make more informed decisions about one of the most important financial assets you’ll ever have.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--CHAPTERS00:00 - Introduction01:23 - Introduction to Defined Contribution Pensions04:18 - What is a Defined Contribution Pension08:39 - Underlying Investments and Risk16:13 - Pension Taxation28:40 - Retirement Options32:05 - Listener's Question34:37 - Outro--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.retirewellpodcast.co.uk--SUBSCRIBE TO OUR NEWSLETTERwww.retirewellpodcast.co.uk---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this final episode of 2025, Matthew and Joe tackle the most frequently asked questions about retirement planning and pensions. Topics include:- Tax efficiency when drawing smaller pensions- Gifting from income vs. capital- UFPLS and tax-free cash strategies- Flexi-access drawdown mechanics and practical tips- Consolidating pensions for simplicity- Investment choices and lifestyle funds- Bridging the gap before pension age- Death benefits and inheritance planningPacked with practical insights and real-world examples, this episode helps you make informed decisions for a confident retirement.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

Thinking about gifting this festive season? In this episode of Retire Well, Matthew and Joe break down everything you need to know about tax-efficient gifting and inheritance tax planning. From annual allowances and small gift exemptions to gifts out of surplus income and trusts, we cover the rules, pitfalls, and practical tips to help you plan wisely.What you’ll learn:What counts as a gift for tax purposesAnnual gifting allowance and small gift rulesSpecial occasion allowances (weddings, etc.)Gifts out of surplus income and why documentation mattersPotentially Exempt Transfers (PETs) and the 7-year ruleChargeable Lifetime Transfers and trusts explainedCommon mistakes and how to avoid themWhy professional advice is crucial for large giftsWhether you’re planning to help family now or reduce your future inheritance tax bill, this episode is packed with insights to make your gifting strategy smarter.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

Join Matthew and Joe as they unpack the latest UK Budget and what it means for your personal finances. In this episode, we cover:✅ Key announcements and surprises from the Budget✅ Pension updates – tax-free cash, salary sacrifice limits, and state pension changes✅ Tax tweaks on dividends, savings, and rental income✅ ISA reforms and what they mean for savers and investors✅ Inheritance tax, mansion tax, and other big changes✅ Electric vehicle taxation and moreWhether you’re planning for retirement or just want to stay informed, this episode gives you practical insights and expert commentary on how these changes could impact your financial future.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

Thinking about combining your pension pots? In this episode of Retire Well, Matthew and Joe dive deep into the pros and cons of pension consolidation and highlight the traps that could cost you thousands if overlooked. From understanding investment choices and hidden fees to safeguarding valuable guarantees like protected tax-free cash and annuity rates, we cover everything you need to know before making a move. Plus, we explain jargon like “in-specie transfers,” discuss the upcoming pension dashboard, and share practical steps for consolidating pensions safely. Whether you’re planning for simplicity in retirement or chasing better performance, this episode will help you make informed decisions and avoid common mistakes.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe dive into the essential financial planning considerations for unmarried couples. With cohabiting couples now the fastest-growing family type in the UK, it's more important than ever to understand how to protect your wealth, property, and loved ones.They cover:Why wills and powers of attorney matterProperty ownership: joint tenants vs tenants in commonPension death benefits and nomination formsLife insurance and family income benefitInheritance tax implications for unmarried partnersThe myth of “common law marriage” in the UKWhether you're in a long-term relationship, a second partnership, or simply exploring your options, this episode is packed with practical advice to help you plan with confidence.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe tackle inheritance tax through five real-life case studies, exploring how upcoming changes — including pensions being pulled into the estate from 2027 — could affect your financial legacy. They break down key planning strategies for couples, single professionals, and retirees, covering gifting rules, trusts, pension death benefits, discounted gift trusts, and more. Whether you're looking to protect your estate, support your children or grandchildren, or simply understand the rules better, this episode offers practical insights to help you plan with confidence.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe tackle one of the most common — and complex — retirement questions: How do you know when you have enough? From the 4% rule to cash flow modelling, they explore practical strategies and psychological factors that influence retirement readiness. Whether you're decades away or already considering the leap, this episode offers valuable insights into:- Setting realistic retirement targets- Understanding sustainable withdrawal rates- Balancing financial security with lifestyle goals- Managing risks like inflation, market volatility, and care costs- The importance of flexibility and memory dividends in retirement planningTune in for real client stories, expert advice, and thoughtful discussion to help you define your own “enough.”Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe tackle one of the most common — and complex — retirement questions: How do you know when you have enough? From the 4% rule to cash flow modelling, they explore practical strategies and psychological factors that influence retirement readiness. Whether you're decades away or already considering the leap, this episode offers valuable insights into:Setting realistic retirement targetsUnderstanding sustainable withdrawal ratesBalancing financial security with lifestyle goalsManaging risks like inflation, market volatility, and care costsThe importance of flexibility and memory dividends in retirement planningTune in for real client stories, expert advice, and thoughtful discussion to help you define your own “enough.”Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe unpack the complexities of equity release — a financial tool that’s shedding its former stigma and gaining traction among retirees. They explore how equity release can support income needs, fund home improvements, or reduce inheritance tax liabilities, while also highlighting the psychological and practical considerations involved. From lifetime mortgages to home reversion plans, they break down the options, discuss the risks, and stress the importance of involving family and seeking regulated advice.Got a question or scenario you'd like us to cover? Email us at retirewell@wealthofadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe explore the evolving landscape of retirement planning, focusing on the rise of blended retirement strategies. From full retirement to phased and flexible approaches, they unpack how pension freedoms, annuities, defined benefit schemes, and state pensions can be combined to create a tailored retirement plan.They also dive into:The pros and cons of early retirementHow to bridge income gaps before state pension ageThe role of ISAs, cash buffers, and company sharesWhy flexibility and diversification are key to long-term financial wellbeingWhether you're planning to retire soon or just starting to think about it, this episode offers practical insights to help you make informed decisions and retire with confidence.📩 Got a question or scenario you'd like us to cover? Email us at retirewell@wealthadvice.co.uk or leave a comment below.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this special Q&A edition of Retire Well, Matthew and Joe tackle some of the most frequently asked retirement questions from listeners. From tax-free cash and pension contributions to estate planning and inheritance tax, they break down complex topics into clear, actionable advice. Whether you're approaching retirement or already navigating it, this episode offers valuable insights to help you make informed decisions and avoid common pitfalls.📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.

In this episode of Retire Well, Matthew and Joe dive into the complexities of retirement budgeting. They explore how spending habits shift in retirement, the importance of distinguishing between essential and discretionary expenses, and how to plan for unexpected costs like healthcare or family support. With real client stories and practical advice, this episode is a must-listen for anyone approaching retirement or refining their financial plan. Plus, they answer a listener’s question on helping children with tuition fees and housing deposits—without compromising your own retirement security.📩 Got questions? Drop them in the comments or email us at retirewell@wealthadvice.co.uk🔔 Subscribe for weekly episodes on retirement planning, pensions, and financial wellbeing.--TALK TO USCall us: 0191 384 1008Email us: retirewell@wealthofadvice.co.ukWebsite: www.wealthofadvice.co.uk--SUBSCRIBE TO OUR NEWSLETTERhttps://www.wealthofadvice.co.uk/newsletter-sign-up---Wealth of Advice are authorised and regulated by the Financial Conduct Authority, reference number 563909. Past performance is no guide to future returns. Your investments can go down as well as up, so you may get back less than you originally invested. This video is for educational purposes only and is not personal financial advice.