Headsup On Money

It's been over three years since Headsup On Money was born. In this, the final episode, Benjamin reflects on the key learns you should take into your financial plans as he also reflects on the amazing ride it's been over the past 169 episodes. Money nerds - thank you. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

In light of the upcoming April 2027 pension and inheritance tax changes, Benjamin explains how ISAs and pensions will compare next year. As he explains, the best way to think about this is to view your pension as a super ISA, with tax privileges on the way in and nuances requiring detailed tax planning on the way out. Resources mentioned in the episode: Are pensions now a waste of time? Pensions and 2027 IHT changes explainedJoin Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

Opting out of your workplace pension to help ease current cash flow concerns may be very tempting; however, the long-term effects this will have on your financial plan are drastic. In this episode, Benjamin explains why opting out of your workplace pension could be one of the most costly financial mistakes you make. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

In this episode, Benjamin outlines how you can achieve the perfect financial plan. Is it possible? If it's not, what can get you to the point of maximum certainty, save for having a crystal ball? Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

How many of these false economies are you making with your financial planning? You feel like you're doing the right things, you feel like you're taking the right steps, but in reality, it's pushing you two steps back. Benjamin covers all in under 20 minutes. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

In this episode Benjamin discusses the often misunderstood financial product of equity release. For some people, this may be a critical tool needed in their financial plans. For others, it may represent an expensive debt that is unsuitable for them. By the end of this episode, you'll have an understanding of whether this may have a role in your financial plan, or the financial plans of your loved ones. Jargon free as always. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

In this episode, Benjamin discusses whether pensions are still relevant in our financial plans in light of the changes coming into effect in April 2027. Are pensions still worthwhile? Want a deeper dive on this? Here's a link to a video we've recorded on this subject Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

There are significant changes coming into effect in April 2027 with pensions and inheritance tax. In this episode, Benjamin explains the backdrop as to what is happening, and why. Many more households will now face seismic tax charges as a result of these changes, so knowledge is power. Want to learn more? Here's a link to a video on this subject that we recorded. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

In this episode, Benjamin looks at recent analysis which concluded how much income you need to be happy in 23 UK cities. Benjamin reflects on the numbers mentioned and reverse engineers this with your financial plan to ultimately ask how much your 'FU' number is. Here's a link to the resource mentioned in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.

We're all approaching retirement with too many misconceptions and confusions. In this episode Benjamin explains that retirement planning isn't as black and white as you may think it is. You don't have to retire when your State Pension kicks in. You don't have to necessarily buy an annuity. Your pension doesn't die with you. It's all here and served free from any financial jargon, as always. Lastly, here's the free retirement health check guide Benjamin mentioned in this episode. This should help you focus your own retirement plans. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.