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Headsup On Money
Headsup On Money.
Never make another financial mistake.
Join Benjamin Mitchell (The Money Scot) - a chartered financial planner and serial hater of financial jargon, as he helps you to make better financial life decisions, retire on your terms and never make another financial mistake.
In this weekly podcast we answer the money questions you're too scared to ask and arm you with the knowledge and power to help you get on top of your personal finances.
Headsup On Money
138- Why Age 75 Matters
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Turning 75 plays a significant role in your financial plan, and more specifically the tax efficiency (or tax inefficiency) of your affairs.
Whether this applies to you or someone close to you, following this episode you'll understand and appreciate the nuances of why turning 75 matters and impacts:
- Pension tax relief on your contributions,
- Death income tax benefits pre and post age 75 and,
- Considerations around Inheritance Tax planning, and how the changes due to come into effect in April 2027 muddy the waters somewhat.
It's a complex one money nerds, but arming yourself with this knowledge could save you, or a loved one, £000's in unnecessary and often avoidable taxes.
Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake.
Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!
Take my 5 minute retirement assessment (can you already afford to retire?) 🚀
Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.