Helpful Basics: Pension vs ISA
Update: 2024-10-30
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1Description
In today’s episode of our Helpful Basics season, we’re going to be talking about Pensions and ISA, explaining how they work, comparing them and helping you to know which ones to use and when.
Shownotes: https://meaningfulmoney.tv/HB7
Everything you need to Know
02:07 Paying money IN.
13:50 Taking money OUT.
22:40 What happens when you die.
Everything you need to Do
33:07 Join your employer's pension, or stay in it, or open one if self employed.
36:50 Use ISAs for medium term savings.
38:17 Use LISAs for first-time house purchase or to supplement retirement savings.
40:17 Blend
41:15 Be intentional, review regularly.
43:56 Podcast review.
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