BROWNING
FINANCIAL PLANNING
Are you on track for a comfortable retirement? TAKE THE TEST
Dominic Browning, Managing Director
Posted by Dom Browning
27/09/24
News, Resources, Insight and Opinion from Browning Financial Planning

Two Big Questions

Dominic Browning, Managing Director
Posted by Dom Browning
27/09/24

Someone quoted that "money isn't the most important thing, but it's up there with Oxygen".

Having money helps but it is purely an enabler to help you achieve what is most important to you in life.

Many people work hard, they put the here and now on hold so that "one day" they can do something like retire early at 55, for example. But for some people "one day" never comes, they never get to sail the seven seas, they never get to climb the highest mountains and they never get to see their grandchildren grow up.

SO there are two big questions I would like to ask you. The first question is: Imagine your doctor tells you you only have 5 to 10 years to live. You won't feel sick. What will you do in the time remaining?

When you have listed all the things you might do "one day", answer my second question:

Why aren't you doing them now?

Life is NOT a rehearsal, happiness is the most important thing, yet there is no unit of happiness. Experiences outweigh objects every day of the week. Who wants to be the richest man in the grave yard.

Planning for the future is vital, but so is living for today. Getting the balance right is harder than it seems.

More News, Insight & Opinion
Inheritance Tax discounts for jointly-owned property

If you own property with someone else (for example your spouse) when you die, you can claim a reduction in the value of your share for Inheritance Tax purposes. Continue

WIdows/Widowers and Inheritance Tax

Did you know that if a a widow and widower get married, then on their deaths, they may be able to leave up to £2,000,000 to their families with paying Inheritance Tax (IHT)? How is this possible? Continue

The Importance of Regular Savings

The number one factor in building a retirement or investment pot is investing regularly over the long-term and keeping it going until the day when you need to draw down on your investments or pension pot. Continue

Is a Lifestyle Trust the right IHT solution for you?

It is getting harder and harder to shelter your assets from the Government when you die, as the Inheritance Tax (IHT) thresholds have not changed since 2009. Continue

Inheritance Tax Planning

Trying to pass on as much as your wealth as possible to your children is getting harder and harder, due to the freezing of the IHT (Inheritance Tax) thresholds since 2009.  Continue

Investment Bonds

An investment bond is a packaged investment offered by a life company as opposed to an investment company. They work differently to investment company package products (known as General Investment Accounts or GIAs). Continue