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Early retirement is no easy feat, as savers will need to build a bigger pension pot and also watch out for Ts&Cs that might prevent them from accessing their funds before the normal minimum pension age, which is 55. But, if you’re able to save into the right accounts, retiring at 50 with enough money to enjoy a luxurious life will cost a tender £800,000 now, or £1million adjusted for inflation over time.This is according to Alltrust calculations for Money Week using the Pensions and Lifetime Savings Associations latest report on retirement standards. The experts even delved into how much people will need to save depending on their current age if they want to reach the £1million threshold by 50.If you start your pension fund at 25, you’d need to invest £516, ideally into tax-free acc...

Pour un gestionnaire de fortune reconnu, Edouard Herbo a tout de même une drôle de façon de parler d’argent. « Au sein de la famille, l’argent est toxique, ça, c’est vraiment une certitude », attaque-t-il sans ciller, assis dans ses bureaux parisiens, boulevard Haussmann. « Et puis l’argent peut financer de belles causes, mais aussi détruire la planète », continue-t-il. En tête à tête, il n’hésite pas à brusquer ses clients, des patriarches disposant de cagnottes de 100 millions d’euros ou plus. Investir aux Etats-Unis dans une intelligence artificielle énergivore ? « Ce n’est pas raisonnable ! les secoue-t-il. Votre argent, vous l’avez gagné ici. Mieux vaut laisser à vos petits-enfants une qualité de vie et de l’emploi, plutôt que du pognon qui sent la mort. » Au sortir d’un r...

Question à un expert Je pars en vacances pendant un mois, y a-t-il des précautions à prendre vis-à-vis de mon assurance habitation ? Avant une absence prolongée de sa résidence principale, il est essentiel de relire attentivement les clauses de son contrat d’assurance habitation. Tous prévoient des durées maximales d’inhabitation – quatre-vingt-dix jours le plus souvent (si vous partez plus longtemps, vous pourriez être moins bien couvert, ou ne pas être couvert). Certains contrats imposent des mesures de prévention – la fermeture des arrivées d’eau, l’activation de l’alarme, le verrouillage des portes, fenêtres et volets. Si ces précautions ne sont pas respectées, en cas de sinistre (vol, dégât des eaux, etc.), l’indemnisation p...

According to the most recent government statistics, nearly 3.7 million people were claiming Personal Independence Payment (PIP), the primary disability benefit provided by the Department for Work and Pensions. This benefit offers up to a maximum of £798.63 per month at its highest rates to assist people with the additional costs associated with living with a disability.Of these 3.7 million people, more than a million report a musculoskeletal condition as their main ailment, according to a new report by the Taxpayers' Alliance. This category encompasses over 23 different disorders, but the majority of claimants suffer from just three conditions; osteoarthritis, inflammatory arthritis and specific back pain disorders.Osteoarthritis is claimed for by 265,634 people on PIP, this type of art...

O'Leary Ventures Chairman Kevin O'Leary and Gristedes CEO John Catsimatidis join 'Mornings with Maria' to discuss the latest news on the U.S. ban on TikTok and how Trump's executive orders could affect the economy. President Trump said the United States has "pretty much" reached a deal for a company to acquire the U.S. assets of TikTok and plans to begin talks with China this week.  "I think we're going to start Monday or Tuesday ... talking to China, perhaps President Xi or one of his representatives, but we would, we pretty much have a deal," Trump told reporters on Air Force One on his way to his home in Bedminster, New Jersey, Friday.The deal would likely need to be approved by China, Trump said, adding he believes the agreement would benefit both countries. PRESIDENT TRUMP EXT...

Federal Reserve Chairman Jerome Powell testifies before House Financial Services Committee. Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to cause a prolonged stretch of inflation as opposed to a one-time spike in costs. Rather than "a short and simple one-time shift in prices, as standard textbook models would suggest," Bostic said he expects changes in U.S. trade policy along with concurrent geopolitical developments to lead to "a longer period of elevated inflation" over the course of a year or more.Amid mounting pressure from President Donald Trump on the Fed to loosen its monetary policy position, Bostic firmly backed Federal Reserve Chairman Jerome Powell’s comments from Tuesday that the central bank should wait to adjust...

People on four DWP benefits could grab a slice of up to £2,550 each this June thanks to various freebies and discounts. Amongst the fiscal gloom, there is some good news - with various freebies, discounts and handouts available to claim that are worth up to £2,550.26 per household this month.Not all of these will be claimable by all people, but one household could theoretically claim all of them at once, if those living in the household met the eligibility criteria for each of the DWP and HMRC benefits listed herein. And of course as long as the household was still within the Benefits Cap, which is set at just under £26,000 a year total for those in London, or roughly £23,000 for those living outside the capital.Universal Credit - up to £628.10 per monthUniversal Credit is complicated, ...

Millions of state pensioners lost their £300 Winter Fuel Payment last winter, as has been well publicised since the government announced the benefit would become means tested. It meant that for the vast majority of state pensioners, they were no longer able to get a winter fuel allowance payment unless they claimed the right benefits.Since then, Sir Keir Starmer has announced a partial u-turn over the benefit, returning the £200 or £300 payment to every state pensioner, and then taking it back from pensioners in tax if they earn more than £35,000 per year. It means every state pensioner will be paid the money, and only those earning £35,000 or more in a year will have to give it back to HMRC in tax.But what many don’t realise is that if you do keep your Winter Fuel Payment this coming w...

Douglas Elliman real estate broker Noble Black highlights the contributing factors that is causing a spike in New York City luxury home sales and whether return-to-office plays a role. More luxury homebuyers are paying with cash to acquire properties this year, a report from Coldwell Banker Real Estate revealed. The company said in its "2025 Mid-Year Report" that more than half of over 200 surveyed Coldwell Banker luxury property specialists reported an uptick in wealthy buyers purchasing homes with cash. Roughly 34.1% said there has been a "slight increase" while 16.6% said there has been a "significant" rise in that method.  To help boost themselves into homeownership, some buyers are turning to the banks of mom and dad to help with co-signings, down payments or entire prope...

ResiClub co-founder and editor-in-chief Lance Lambert addresses mounting concerns about the housing market on 'Making Money.' Housing inventory in a significant number of major metropolitan areas hit levels higher than they were before the COVID-19 pandemic, according to a new report from Realtor.com.  The real estate marketplace said nearly half of America’s 50 largest metros had real estate markets whose number of active listings as of May had surpassed pre-pandemic levels.The ten metro areas that had the largest jumps in active inventory from their averages in 2017-2019 all posted double-digit percentage increases, according to Realtor.com. HOUSING CRISIS DEEPENS AS 47 MAJOR METRO AREAS NOW REQUIRE HOMEBUYERS TO SPEND MORE THAN 30% OF INCOME Eight states had representation among...