Latest News: Tagged Early Retirement

The latest news and views covering the Teachers Pensions, the Teachers AVC and general Financial Planning news.

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Pension Advice

A new challenge in retirement

03/02/2022 Racheal Smith

Working day in day out in the classroom is an activity for the young and energetic. While older teachers bring much wisdom to the classroom, it is common for the levels of fatigue to push people to a [...]

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New Year New You: Early Retirement

06/01/2022 Racheal Smith

As we head into 2022, we all begin to consider how to make the most of this fresh start. While 2021 might have been a challenging year for many, 2022 offers a gleam of possibility to become more of wh[...]

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What is the pension freedoms age?

22/10/2020 Racheal Smith

Everyone is looking to the changes that are needed to get the British economy back on track. Money needs to be saved everywhere and anywhere. To be fair, the ageing population has long since been a co[...]

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What is early retirement?

05/01/2020 Racheal Smith

To retire early means to take your benefits before you reach your Normal Pension Age (NPA). If you look at your benefit statement on My Pension Online, you will find your NPA. It will likely be so[...]

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Retirement Planning Advice

Career Average: what is buy out?

01/08/2019 Racheal Smith

For some people, your Career Average Normal Pension Age (NPA) will be higher than 65. This means that if you retire at 65, you will not be able to claim your full benefits until your Career Average [...]

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Retiring Early – the Teachers’ Pension at 55

30/07/2019 Racheal Smith

The summer holidays are approaching. You are delighted that it will soon be time for a long summer recuperating. However, for a long time now these six weeks feels more and more like six minutes.�[...]

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What happens when you retire?

05/05/2019 Racheal Smith

You have likely been in post for a while. Your financial security has been relatively secure, as you have received a monthly salary. For all the challenges of being a teacher, financial security i[...]

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Will you need your Teachers’ Pension Scheme earlier than planned?

04/04/2019 Racheal Smith

It might interest you to learn that half of the pensioners retired earlier than planned. You may have a solid plot line to your route into retirement. However, we are not always in charge of circu[...]

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Retiring Early and the Teachers’ Pension

02/01/2019 Racheal Smith

When deciding on retiring early and the Teachers’ Pension Teaching is not one of those professions where it is easy to bide your time into old age. There is little option to gently fall to sleep [...]

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Teachers Pension Actuarial Reductions

11/12/2018 Ged O'Neil Bell

There is something you need to know about the Teachers Pension and Actuarial Reductions. This is the impact on your pension when you decide to take early retirement. My Pension Online (MPO) - the o[...]

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Actuarial Reduction And The Teachers Pension

10/12/2018 Racheal Smith

Actuarial Reduction And The Teachers’ Pension There is something you need to know about actuarial reduction & the Teachers’ Pension. This is the impact on your pension when you decide to ta[...]

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