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RETIRE IN 10 YEARS FROM £0?

Автор: Principles Personal Finance

Загружено: 2022-11-29

Просмотров: 4963

Описание:

#retirement #retirementplanning #personalfinance #pension

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*CORRECTION AT 3 MINS IN THE AGE SHOULD SAY 57, NOT 55. SORRY! 😬

Can you retire in 10 years with £0 in the bank.

More importantly, should you?

I this video, I go over firstly is it possible to retire in 10 years starting from £0. Then, are we thinking about this in the right way. I mean, surely there is a better way to frame how we spend our time?

TIMECODES
0:00 - Retire in 10 years from £0
1:40 - How long do we need to provide for?
2:52 - The assumptions we'll work with
3:30 - Growth rates
5:20 - Initial plan
7:20 - But.... what happens if things don't go to plan
8:34 - Should we be thinking differently?
10:30 - Another route

References
ONS Life Expectancy
https://www.ons.gov.uk/peoplepopulati...
https://www.ons.gov.uk/peoplepopulati...

RISK WARNING
All content is being provided for informational purposes only and should not be considered to be investment or tax advice. Only YOU are responsible for your own decisions and no investment decisions should be made solely based on the information in any of these videos or blog posts. Investment involves risks. The investment return and principal value of an investment may fluctuate so that an investor's portfolio, when redeemed, may be worth more or less than its original value. Past performance is no guarantee of future results. The information provided in this presentation has been compiled from sources believed to be reliable and current, but accuracy should be placed in the context of the underlying assumptions.


A WARNING
There are some scams on YouTube where a profile image is copied then used to promote cryptocurrency scams and all that nonsense. I will never, ever, contact you selling any investment product or service. I would never do that, am not allowed by regulation and it goes against the intention of this channel is to educate and inform.

RETIRE IN 10 YEARS FROM £0?

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