{"id":13840,"date":"2016-05-21T13:00:05","date_gmt":"2016-05-21T06:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-did-we-get-pension-calculations-so-wrong\/"},"modified":"2016-05-21T13:02:26","modified_gmt":"2016-05-21T06:02:26","slug":"how-did-we-get-pension-calculations-so-wrong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-did-we-get-pension-calculations-so-wrong\/","title":{"rendered":"How did we get pension calculations so wrong?"},"content":{"rendered":"


\nWorkers will have to save much more of their salary or stay in their jobs a lot longer if they want a decent income in retirementThere is a rule of thumb that financial advisers and asset management companies use to tell us how much we need to save, and how long our pensions will survive in retirement. But research released this week finds that we\u2019ve been getting it wrong all along.The rule of thumb is that the safe level of withdrawal from your pension is 4% a year. Advisers say that as long as you don\u2019t take more than that your money should last 30 years, and give some protection from inflation. Continue reading…
\n
\nSource : theguardian.com
\nRead more…How did we get pension calculations so wrong?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Workers will have to save much more of their salary or stay in their jobs...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13840","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3Be","jetpack-related-posts":[{"id":5334,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-advice-for-the-twenty-somethings-start-early-and-save-big\/","url_meta":{"origin":13840,"position":0},"title":"Pension advice for the twenty-somethings: start early and save big","date":"December 14, 2013","format":false,"excerpt":"\r Pension advisers say young people should be putting away as much as 12% of their salary for a comfortable retirementToday's graduates face a working life of around 50 years. Even then, they'll be lucky to get their hands on their state pension by the time they're 70.If governments keep\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-you-employ-a-nanny-then-its-time-to-pay-into-their-pension\/","url_meta":{"origin":13840,"position":1},"title":"Do you employ a nanny? Then it\u2019s time to pay into their pension","date":"January 30, 2016","format":false,"excerpt":"\r Auto enrolment is designed to make sure more people save towards their retirement. Now it\u2019s the turn of small employers to start making pension payments for their staffThousands of families have started receiving official letters telling them they need to set up a pension plan for their nanny during\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94141,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-advisers-face-overhaul-but-big-firms-escape-break-up\/","url_meta":{"origin":13840,"position":2},"title":"Pension advisers face overhaul but big firms escape break-up","date":"July 18, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Pension advisers face overhaul but big firms escape break-up","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67102,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-more-big-lunches-pension-advisers-face-grilling-over-conflicts-of-interest\/","url_meta":{"origin":13840,"position":3},"title":"No more big lunches: Pension advisers face grilling over 'conflicts of interest'","date":"September 21, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...No more big lunches: Pension advisers face grilling over 'conflicts of interest'","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/public-sector-professionals-under-threat-from-pension-tax-relief-changes\/","url_meta":{"origin":13840,"position":4},"title":"Public sector professionals under threat from pension tax relief changes","date":"November 7, 2015","format":false,"excerpt":"\r The chancellor\u2019s autumn statement could lead to the slashing of pension tax relief, while in April new rules will hit higher earners such as dentists and doctorsPublic sector professionals such as doctors, senior civil servants and university professors in line for pensions worth more than \u00a343,000 a year face\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-steel-pension-scheme-members-preyed-on-by-financial-firms\/","url_meta":{"origin":13840,"position":5},"title":"British Steel pension scheme members \u2018preyed on\u2019 by financial firms","date":"December 16, 2017","format":false,"excerpt":"\r MPs hear claims that financial advisers are targeting steelworkers so they can pocket huge feesFirms dubbed \u201csharks\u201d and \u201cvultures\u201d are preying on steelworkers to persuade them to transfer their pensions so advisers can pocket huge fees, MPs heard this week. They forced the main City regulator to name and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13840"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=13840"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13840\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}