Personal Finance for the Over 50s

I watched last night’s ITV Tonight show’s documentary ‘Pay Now, Die Later; Funerals Uncovered’ with varying degrees of frustration and sadness.Frustration at the lazy, one sided, sensationalised way the documentary was filmed and sadness that this blatant scaremongering will now put some viewers off pre-arranging their funeral services with a funeral plan.

The Equity Release Council Autumn 2018 Market Report is out and makes very interesting reading on the way we view property and the part it is starting to play in our retirement and later life planning.

I said it would happen but I think you can safely say that the funeral plan price war has officially started, courtesy of today’s announcement that Dignity has slashed its funeral plan prices. 

The latest SunLife Cost of Dying Report 2018 is now out, providing the latest news on funeral costs, as well as information on our attitudes to funerals and funeral planning.

The annual Royal London National Funeral Cost Index Report for 2018 has just been released and as usual makes interesting reading. Carrying the heading ‘Buried in Debt – The price of a good send off’

Having read some of the fitting and beautiful tributes to Queen of Soul, Aretha Franklin who sadly died on the 16^th August 2018 aged 76; it made me think about other famous celebrities who will be remembered in some way for their funeral as well as their achievements

I know they say that time flies but I’m amazed that Over50choices is already celebrating its 5^th year in business – and what a 5 years it has been.  Read more....

There’s no doubt that these types of schemes, also known as lifetime mortgages are big business, especially amongst retirees looking to enhance their pension pot, make home improvements or use as a gift for family. 

Are you helping your parent choose a prepaid funeral plan? Single of joint funeral plans are available. Read more today.

It’s fair to say that this huge increase in the demand for equity release mortgages or lifetime mortgages as they are also known is nationwide, however there are certain pockets of the country, so called ‘equity release UK hotspots’