Retirement Planning | Ross Naylor

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How Much Will You Really Retire On? Decoding Your Pension Statement

Have you ever stared at your pension statement and thought: “Okay, but what does this actually mean?” Don’t worry. You’re not alone. Every week, I speak with people who feel confused, overwhelmed, or even a bit embarrassed about not understanding their pension paperwork.

Expat State Pension guide (2025/2026 update)

Understanding the Expat State Pension is crucial for British expats who are living abroad. As a British expat, it’s important to know how the UK state pension works and how it affects your retirement planning, ensuring you receive the full benefits you’re entitled to.

Retire to Poland with Confidence: Essential Tips for Brits Looking to Move

Retiring abroad is a big step, and Poland is becoming an increasingly popular choice for British expats. Whether you’re considering retiring to Poland for its lower cost of living, quality healthcare, or cultural appeal, this guide covers everything you need to know. From legal requirements to finances, we’ll help Brits in Poland and those returning to Poland plan their retirement successfully.

Expat retirement: Which countries are affected by Frozen State Pension?

When retiring abroad, understanding the impact of the UK’s frozen state pension policy is crucial. Over half a million retirees face financial challenges as their pensions remain stagnant in certain countries. This article explores how the frozen state pension affects expat state pensions abroad, providing insight into which countries are impacted and offering advice on how to navigate this issue.

How do I apply for an NT Code for pension income? An expat guide

An NT (No Tax) code is granted to individuals who receive UK-sourced income and reside in a country that has a double taxation agreement (DTA) with the UK. [Note, for expats in Europe these rules still apply after Brexit, as these tax treaties were made outside of EU legislation.] The code allows you to receive UK pension income, without having tax deducted at source.

My Big Fat Greek Retirement: A Guide for UK Citizens Looking to Retire to Greece

Are you a UK citizen planning on retiring to Greece? If so, you’ve come to the right place! In this comprehensive guide, I will ensure that you have all the information you need to make informed decisions and smoothly transition into your Greek retirement.

How British Expats Can Boost Their UK State Pension Before the April 2025 Deadline

If you’ve spent part of your career outside the UK, your State Pension entitlement may not be as high as you expect. Many British expats miss out on thousands of pounds in retirement simply because they don’t check their National Insurance (NI) record in time. But right now, there’s a limited-time opportunity to top up missing contributions and increase your pension—it could be one of the best financial decisions you make. The deadline to fill in gaps in your NI…

How to Save for Retirement as an Expat

Planning for retirement is a challenge at the best of times, but for expats, it can be even more complicated. If you’re living overseas, you will not have access to the same pension and investment options as you did in the UK. You might also face tax complications and currency risks. So how do you save for retirement as an expat? In this guide, we’ll break it down into simple steps to help you build a secure…

The Pros and Cons of a SIPP for Expats

A Self-Invested Personal Pension (SIPP) can be a great retirement savings tool for UK expats, but it’s not the right choice for everyone. If you’re living abroad and wondering whether a SIPP is suitable for your financial situation, this guide will walk you through the key advantages and potential pitfalls. What is a SIPP? A SIPP is a UK-based pension that gives you control over how your retirement savings are invested. Unlike traditional workplace pensions, a SIPP allows you to…

What Happens to My UK State Pension if I Retire Abroad?

UK State Pension If you’re planning to retire abroad, it’s essential to understand how your UK state pension will be affected. While you can still receive your pension as an expat, there are important considerations regarding the frozen state pension and whether you’ll benefit from annual increases. This guide will help you navigate the complexities of receiving a UK state pension overseas, ensuring you make informed decisions about your retirement income. Did you know? - There are currently over…

Expat Financial Advice in 2025: 10 Essential Tips for the New Year

The start of a new year is the perfect time to take stock of your financial goals and set yourself up for success in 2025. Whether you’re already living overseas or planning your move, these resolutions are tailored to UK expats looking to make the most of their finances. By following these steps, you can not only safeguard your wealth but also enjoy peace of mind knowing your finances are on the right track. 1. Review Your Pension…

QROPS Advice: How New HMRC Rules Could Impact Your Overseas Pension Transfer

If you’re considering transferring your UK pension overseas, the recent changes to QROPS rules could significantly impact your retirement plans—especially if you’re heading to popular destinations like France, Portugal or Spain.

Transferring A UK Pension Overseas: Why It Pays to Know Your OTA from Your OTC

If you are considering transferring your UK pension overseas, you’ve likely encountered a bewildering array of jargon and regulations. Among the most important terms you’ll encounter are the Overseas Transfer Charge (OTC) and the Overseas Transfer Allowance (OTA).

Pension Planning Essentials: Why FP2016 and IP2016 Still Matter

With the abolition of the lifetime allowance (LTA) tax charges in April 2024, many individuals assume that they no longer need to worry about pension protections. However, there are still two forms of transitional protection available that can offer significant benefits: Fixed Protection 2016 (FP2016) and Individual Protection 2016 (IP2016). Both of these protections offer valuable safeguards, but understanding which one suits your specific circumstances is critical. This guide will help clarify the differences between the…

How Retirement Ready Are You?

Have you planned thoroughly for your retirement and are well on your way to enjoying a secure and comfortable retirement, or perhaps it’s time to take a closer look at your retirement plan and make necessary adjustments to secure your future? Take our fun quiz to find out!

Protecting Your Family’s Future: The Case for Adding Your Children to Your Pension

When it comes to planning your financial future, deciding who gets your pension is a big deal. While naming your spouse as the sole beneficiary may seem like the obvious course of action, there are compelling reasons why you should also nominate your children.

Irish Pension Transfer Rules Explained: Can You Move Your Pension Abroad?

Exploring Your Options for Irish Pension Transfers If you’re considering transferring your Irish pension abroad, it’s essential to understand the rules and options available to you. Whether you’re looking at Irish pension transfers to the UK, the EU, or even transferring your Irish pension into a Self-Invested Personal Pension (SIPP), there are specific guidelines you need to follow. Read on to find out how to navigate these transfers and ensure you make the best decisions for your retirement. Transferring Irish…

What to Expect from the Upcoming Labour Budget: Key Considerations for UK Expats

With UK finances in quite a pickle, the upcoming Labour budget is expected to bring significant changes, especially in areas like taxation, pensions, and inheritance planning. As a British expat, these changes could have a serious impact on your financial planning. While it is always a good idea to review your financial plan regularly, the proposed changes make it especially important to reassess how you manage finances. In this post, we’ll take a closer look at the…

Understanding UK Tax, Retirement & Succession Planning in Saudi Arabia

Expat Saudi Arabia Navigating UK tax obligations is crucial for British expats moving to Saudi Arabia. Understanding residency status, potential tax liabilities, and available exemptions ensures compliance and financial efficiency. This article delves into the key considerations for UK nationals working in Saudi Arabia, offering insights to help manage their tax responsibilities effectively. The financial landscape shifts when you move abroad, and understanding these changes is crucial to safeguarding your wealth and ensuring a secure future. In this blog post,…

The 4% Rule Explained: Is It Right for Your Retirement?

When it comes to planning for retirement, one of the most important questions you will face is: How much can I safely withdraw from my pensions and investments each year without risking running out of money? Answering this question is at the heart of the concept known as the “safe withdrawal rate.” Understanding the Safe Withdrawal Rate The safe withdrawal rate (SWR) is a guideline used by retirees to determine how much they can withdraw from their retirement…

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