Sep 4, 2015
This week in episode 39 of the Informed Choice Podcast, Martin
talks about time perspectives for retirement planning, what it
means that we’re all living longer, and why nothing is often the
best thing to do with your investment portfolio.
In the personal finance and investing new roundup this week:
–The payment limit for
contactless payment cards has been increased.
–Chinese authorities have
punished 197 people for allegedly spreading online rumours about
the recent stock market crash and factory explosions in
–The state pension age could
rise to 70 by the year 2050, based on the latest life expectancy
figures published by the Office for National Statistics.
–US Federal Reserve official
Eric Rosengren has warned that stockmarket volatility and falling
commodity prices could represent a setback to US growth
–Morgan Stanley has issued
its first ‘full house’ buy alert for global stockmarkets since
-The European Central Bank
has cut its price inflation and economic growth outlooks for the
rest of 2015 and the following two years.
How can you use time
perspectives to improve outcomes in retirement? Martin
understanding better how people relate to time, and the perspective
they have on the past, the present and the future, can enable
financial planners to help clients plan more effectively,
particularly during times of maximum uncertainty.
One in three women in England
will live to at least 90 years old. A female baby born between 2010
and 2012 can, on average, expect to live to 82.8, while a male
should live to 79. When the ONS last issued figures a decade ago,
female longevity was 80.6, while for males it was 76. What does
this rising longevity mean for your financial planning?
When is doing nothing your
best option for investing? Trying to time the markets can be a
recipe for disaster, as new analysis from Fidelity shows. Missing
out on the best few days of market returns can reduce overall
investment returns dramatically. Time spent in the markets is far
better than trying to time the markets.
No listener question in the show this week, but we would love to
hear from you!
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