Timothy Sumer

In this extract from episode 421 of the Money to the Masses podcast (recorded on 29th June 2023) I explore the impact of changes in the Bank of England base rate on investment markets, including equities, bonds, and commodities. I also provide insights on how to position a portfolio to benefit from these changes. We discuss the latest piece of 80-20 Investor research (see link below) on how best to invest when interest rates are hiked, paused or cut. Check out the full podcast episode 421 below: Check out our article, "Investing throughout the interest rate cycle" - 80-20 Investor (Take out a free trial) - Please remember, with investing your capital is at risk and the value of investments can go down as well as up, so you may get back less than you invest. To find out everything you need to know about investing, watch our Grow It series: Episode 1 - * The material and information in this video, the Money to the Masses website, associated pages, channels,

In this video, I talk you through the steps you need to follow to work out how much you need to retire, including going through your finances, calculating your state pension, using a pension calculator and working out your net retirement income. I also tell you what to do if your predicted retirement income is less than you'd hoped or you haven't already got a pension. Check out our full article below: 00:00 - How much do I need to retire? 00:53 - What is a good retirement income? 02:15 - Step 1 - Go through your finances 02:46 - Step 2 - Calculate your state pension 03:48 - Step 3 - Use our pension calculator 05:14 - Step 4 - Work out your net retirement income 06:18 - What if your predicted retirement income is less than you'd hoped? 07:17 - The next step if you've not already got a pension Pension calculator - Income tax calculator - Link where you can apply for state pension forecast - “What is a pension and how does it work?” video - #pensi

On this week's throwback special podcast we discuss the news that retirees could be in line to receive a £2,000 boost to their state pension over the next two years under the Government's triple lock promise. Nothing is guaranteed, however, and so in light of the recent triple lock suspension for the 2022/23 tax year, we discuss other ways you can boost both your state and private pension. My name is Damien Fahy, founder of Released every Sunday, the Money To The Masses Podcast covers a wide range of personal finance topics including investing, savings, insurance and pensions, as well as ways to make and save money and the scams you should avoid. --------------------------------------------------------------------------- For more information about 80-20 Investor visit --------------------------------------------------------------------------- If you are looking to get your finances in shape then check out Damien's FREE Money MOT at ---------------------