by adminfwc | Nov 19, 2024 | Investment, Retirement
11 – How not to run out of money when you have a living annuity Question I am a 69-year-old widow living off a living annuity. I draw a fixed amount from the living annuity each month. I have just received my annual document from the insurance company, and it...
by adminfwc | Nov 19, 2024 | Financial Planning
12 – How to get out of debt Question During lockdown my salary was cut by 50%. I had some debt to begin with and this increased substantially. I am back on full pay now but am feeling stressed and not sure what I should do Do you have any suggestions on how to...
by adminfwc | Nov 19, 2024 | Financial Planning
13 – How to spot a scam Question I am a 73-year-old widow. I own my house and have an investment in an endowment policy. This policy matures in two years’ time and I intend using the proceeds to supplement my pension, which has not kept pace with inflation. My...
by adminfwc | Nov 19, 2024 | Life Cover
14 – Do you need life cover? Question The coronavirus has made me think about whether my family will be financially secure should I or my husband pass away. What if the unthinkable happens and both of us pass away? We have a fair amount of cover but do not know...
by adminfwc | Nov 19, 2024 | Estate Planning, Offshore
15 – The pitfalls of owning foreign property Question We recently sold a property and want to invest the proceeds offshore. Our children are living in England, so we are thinking of buying a property there. We can use it when we go and visit the grandchildren...