The Retirement Gym

In the first episode of The Retirement Gym, Head of MHA Carpenter Box Wealth Management Roy Thompson talks with Senior Financial Planning Manager Gill Lynes about making a budget plan to better prepare you for your spending requirements in retirement.

In this episode, Roy is joined by Ian Macara who heads the Private Client team at Bennett Griffin Solicitors in Worthing and specialises in contingency planning for life.They discuss the importance of having a Will and Power of Attorney (POA) and the potential consequences for those who do not have one in place. Ian provides some practical steps to help you make informed choices when planning for later life and why you shouldn't leave things to chance.Of the adult population, 2/3rds do not ha...

In part 1 of this special 2 part podcast series, Roy is joined by Dan Hobbs, a Tax Partner at MHA Carpenter Box. In the last few weeks Dan has focussed on keeping up to date with the Government updates and support available for businesses during the Coronavirus crises.In this episode, Dan talks through some of the major measures announced for businesses to help them with cash flow difficulties:Coronavirus Job Retention Scheme (CJRS)Self-Employed Income Support Scheme (SEISS)Coronavirus Busine...

In part 2 of this special podcast series, Roy is joined by Kelvin Riches, a Chartered Financial Planner at MHA Carpenter Box Wealth Management. Kelvin has done a lot of work over the last few weeks working with individuals concerned about their personal finances during the Coronavirus crisis.Kelvin speaks through some common concerns he has encountered with his clients, including:Investment funds: considerations for current and future investorsReduction in income: ways to alleviate the pressu...

In this episode, Roy speaks with Caroline Clarke, a Psychotherapist based in Brighton who helps people navigate major life changes such as retirement.They discuss how you can prepare for a positive and successful retirement from an emotional and wellbeing perspective, including:The difference between expectations and reality of retirementManaging expectations of others and setting boundariesCoping with a loss of purpose and structure from workThe link between mental and physical healthDealing...

In this episode Roy is joined by David Cooke, Investment Manager and Partner at Saltus Investment Management. They discuss the importance of investment risk and the returns you can achieve on your retirement funds.Topics include:The returns we can expect on invested moneyConsidering the right level of investment risk for retirement plansFuture gazing in the investment market

Roy Thompson speaks with Phoebe Stone, Head of Sustainable Investing at LGT Vestra. Sustainable (or ethical) investing has become increasingly popular, especially in recent times, as people look to leave the world in a better place for future generations. In this episode, Phoebe explains what sustainable investing is and the effect it can have on financial returns.They discuss:The incorporation of non-financial factors in investing (Environmental, Social and Governance)Academic research that ...

Often, young people are synonymous with not starting to save early enough for retirement or lacking an understanding in their pension. In this episode Roy is joined by 24 year old Jack Watkinson who has recently graduated from University and is about to embark on his first graduate role. As a young saver, Jack is starting the process of saving into a pension and thinking about retirement.Roy and Jack discuss:The role of schools in pension and money management educationThe balance between shor...

In this episode Roy Thompson talks with Gill Lynes, Senior Financial Planning Manager at MHA Carpenter Box Financial Advisers. They discuss the various factors that result in many women under-saving for their pension and what actions can be taken to ensure a sufficient income in retirement.Statistics reveal that women are adversely affected when it comes to pensions. Research published by Unison show that 52% of women are adequately saving for retirement compared to 60% of men. In addition, f...

Often, people aged over 55 decide to release equity from their property as a long-term loan that’s eventually re-paid using your home. Roy Thompson speaks with John Whyte an Equity Release Specialist at Equity Release Sussex on what equity release is, the different variations, common uses and when equitability is not suitable for you.Highlights in this episode:● What is Equity Release and how is it used?● The two most common types of equit...

In today’s episode,Roy speaks with Gill Lynes, Senior Financial Planning Manager at Carpenter Box FA on common situations and mistakes they see with pension planning; the potential implications mistakes can have on your financial future; the consequences, and how to avoid them. Highlights in this episode:● Pension Strategy planning● The importance of having a will and Power of Attorney● How vital communicati...

How does cash implement people's retirement plans? In today's episode, Roy Thompson speaks with Nick Lacey, Head of Sales at Insignis Cash Solutions on how cash savings can affect your plans for retirement in later life, challenger banks, and common shifts in attitudes towards cash savings.Highlights in this episode:● How does cash savings impact your retirement plans?● The change in attitudes towards peoples cash● &nbs...