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New to the Over 50s MoneySaving board? Start here
🌳 Useful links to forum threads and boards * Pensions, Annuities & Retirement Planning * Deaths, Funerals & Probate 🌳 Useful links to MoneySavingExpert.com guides * Over-50s' MoneySaving * State Pension * Cheap and Free Wills 💡 If there's a link you think we should include here, please send me a message!
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Land Registry Labyrinth (help needed: on a budget)
Hi Wondering if anyone can help me with the Land Registry labyrinth? Although I’ve been divorced for 14 years, I’ve just
discovered that my ex-husband’s name is still on the Title deeds! Stunned isn’t the word. As part of the divorce proceedings, in 2011, there was a
court order stating that my ex must give up his legal…
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How much to live on
How much do you expect you will require to live on each month when you are retired? ie no mortgage, no commute to work BUT maybe higher heating, hobby costs. I'm getting to the stage where I'm realising that I don't need to be super rich to retire and will only really require living costs but I don't know how much I should…
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Living it up by the sea
Thought I would start my own thread as I regularly read others on this site. Myself and my husband moved to Lincolnshire after he was forced to take retirement due to ill health 13 years ago. Started looking for a property with more land in a nice area and ended up here! Since moving to Lincolnshire, we have moved another…
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Over 50? What’s one small money saving habit that’s made a real difference?
De lurk. First time post :) I’m turning 50 this year and focused on making my money go further. I’d love to hear from others in the same boat. What’s one money saving habit you’ve picked up after 50 that’s made a difference?
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Away From The Madding Crowd
Hello and welcome to my little part of this wonderful MSE
community. For almost 10 years I have read
the contents of various forums seeking advice and inspiration regarding a
multitude of subjects. The help and
knowledge that I have gained cannot be underestimated and there are literally
too many people to thank…
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More WIRE than FIRE, simplifying, saving and savvy spending
HI :) I've been around the boards for years - I learn so much from other MSE-ers and find having a diary truly helps me keep track of what I'm doing £££-wise! However, I neglected my last diary and life has moved on since then, so it seems sensible to start over. My overall goal has been to retire early (FIRE - Financial…
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Reducing savings to avoid paying for care.
My Mother is currently housebound and has 2 carers 4 times a day. This is rapidly reducing her savings. I understand that she can’t give her savings away or suddenly by cars or jewellery etc, and the council will see this as fraud. However her kitchen and bathroom have not been updated in many years and now need…
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sky TV age discrimination?
Hi all My Mum is 85 and partially sighted, but other than that she is fit and well, and fully capable of managing her own affairs. Sky charge her £1.75 a month to have paper bill and recently when her monthly charge was bumped up by £12 a month, when she phoned them to discuss this they said she cannot have any offers they…
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Pension
Is it always a good idea to take the full 25% tax free lump sum from your pension?
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New Tax Year......ISAs on the move!
Well it's the start of a new tax year. Time to move savings into a new ISA. But also time to start looking at transferring ISAs. I'll be switching out of Plum to get a better rate and also because I didn't like the way they changed the payment of interest so it didn't land in my account until 30 days after it was…
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Over 60s Railcard valid in London if not issues in London
Live in Somerset. Going for a week in London. I think I can apply for an oyster card and add my rail card on it, at a main stIon. Is this right. Ta muchly
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Council tax increasing over 5%
Hi, We've just had our council tax bill for 2025/26 and found that it is increasing by 5.2% overall, despite Wolverhampton council declaring 4.99%. They seem to have done this by increasing the City council part by 4.99%, but then 6.6% and 6.5% respectively for Fire & civil Defence and Police. Is this allowed, as it seems…
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Notification of responses to Forum posts
Is there a way in the forum settings so that a notification is sent to my email when someone makes a comment on my query? That way I, and all forum users, would not have to check the forum every day to see if anybody can help. I chose over 50s for thread but applies to all ages. Maybe a simple "General" in start of new…
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How do you track your finances?
Recently, I've been playing around with various different means of tracking my expenditure, my pension planning etc. I tend to use three main methods. My go to, is my own spreadsheet, with all planned expenditure, every investment etc. The downside is it's quite a manual procedure and it's easy to make a mistake. It also…
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Care Home, Financial Assessment and reasonability?
Myself and my Brother have POA for my mother who suffered a massive stroke a few years ago. The only thing to leave my mother's bank accounts for the last three years is the fees for the care home. Her bank statements only have the homes direct debits for the home costs. (No bills, no other transactions) It is now getting…
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Can we still gift £3000 per year if parent in care home
Before my mum was diagnosed with dementia she would gift £3000 per year between her 3 children. Mum is now in a care home and her house has been sold to cover the fees. We have power of attorney over her finances. Can we still "gift" the £3000 per year as Mum had been doing or will this be seen as deprivation of assets?
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Downsizing dilemma
I love my current house and will be happy here until retirement, however I don’t think i should wait until retirement as it will cost to move and this would be more affordable when working. the reason i will need to move is because this house will be too expensive in retirement and it’s not got good transportation links (…
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Open Savings Account as Power of Attorney
Hi, advice please. I am POA for my mother who is 95 and lives in a Care Home. She has a savings account to pay for the Care Home that I currently manage, but the interest rate is very low. As POA can I open a new savings account for her that has a better interest rate. She has no ID, I don't want correspondence going to…
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Area in UK where pensioners have the highest disposable income?
Pensioners in the UK with the highest disposable income are often found in areas with lower living costs and higher average incomes. According to recent data, some of the top areas include: * Colchester: Pensioners here have an average disposable income of around £1,392 per month. * Milton Keynes: Residents enjoy an…
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Stoma changing facilities being introduced at railway stations
An interesting news item of local BBC this morning. Trans pennine Express are introducing stoma friendly facilities in the railway station toilets. So good to see this.
