Ep 335 - How to get a £30k a year pension for £80 a month, banking mistakes & interest rate predictions

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money.

On this week's podcast Damien explains how you can get the equivalent of a £30,000 a year retirement income by saving as little as £80 a month. Damien also discusses what you should do (and your legal obligations) if you accidentally transfer money to the wrong bank account or receive money you weren't expecting, be it from a stranger or an employer. Finally, Damien discusses when interest rates are likely to rise.

Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.

 

Retirement Calculator - Use this calculator to work out how much income you are likely to receive at retirement

Damien's Money MOT

I sent a £40,000 loan to my son by mistake and he spent it

I've been overpaid what should I do?

Bank of England latest yield curve data