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The Meaningful Money Personal Finance Podcast

Pension Alternatives - Pensions Masterclass 10

The Meaningful Money Personal Finance Podcast

Pete Matthew

Education, Business, Investing

4.91.7K Ratings

🗓️ 17 October 2018

⏱️ 26 minutes

🧾️ Download transcript

Summary

As you know by now, I believe in taking a holistic approach to financial planning. Only this week I turn away a client who just wanted me to talk about his pensions, but nothing else. If you’re going to have a successful retirement, all elements of your finances need to be working in concert, and today, I’m talking about how to complement your pensions with alternative sources of income in retirement.

Transcript

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0:00.0

Hi folks and welcome to the Meaningful Money Podcast season 11, episode 10.

0:04.0

This is the podcast dedicated to helping you put your finances in order.

0:15.0

My name is Pete Matthew and I'm going to share with you everything you need to know and everything you need to do to secure your financial future.

0:22.0

I'm here to help you make sense of money.

0:24.0

Here we go, great to have you with me once again. As you know by now I believe in

0:37.6

taking a holistic approach to financial planning. Basically looking at everything and not dealing with

0:44.9

individual parts of your finances in silos. Only this week I turned away a client who

0:50.4

wanted to talk to me about his 500,000-pound pension part, but nothing else.

0:55.3

Wouldn't allow me to talk to him about his other investments or, you know, all the rest of the stuff

0:59.6

that he had, but just about his pensions and what he should do with them and I just said

1:03.2

look I can't answer that I can't have a conversation with you about your

1:06.0

retirement benefits from your pensions without knowing all the other stuff so you know

1:09.5

it wasn't going to happen and if you're going to have a successful retirement, either one day or

1:15.7

fairly imminently, then all elements of your finances need to be working in concert. So today I want to talk

1:22.3

about how to compliment your pensions

1:23.8

with alternative sources of income in retirement, right? So that's where we're going

1:27.6

to not quite round off the season, that's next week, but we're looking at

1:31.2

alternatives to pensions. So after we've talked about that I'll go

1:35.9

over a couple of recent reviews, a little bit of news for you and announce what we're talking

1:39.4

about next time but before any of that remember this podcast has brought to you with

1:42.2

the help of my

1:42.6

good friends at seven investment management they specialize in something called

...

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