fbpx
Google Rating
4.8
Based on 79 reviews
×

Ep 225: How to retire EARLY using your NHS Pension

Picture of Tommy
  • | Podcasts

In this episode, Tommy and Ed discuss the challenges and opportunities related to early retirement for NHS professionals. Joined by financial expert Andy Pow, they delve into the complexities of the NHS pension schemes (1995, 2008, and 2015) and strategies for planning early retirement. Topics covered include the benefits of staying in the NHS pension scheme, the impact of early retirement factors, and various additional pension options.

00:00 Introduction to NHS Pension Changes
01:21 Meet the Expert: Andy Powell
02:25 Understanding the NHS Pension Scheme
03:28 Retirement Age and Scheme Changes
06:40 Early Retirement Factors and Planning
10:30 Using Spreadsheets for Pension Planning
21:08 Options for Topping Up Your Pension
25:04 Alternative Investment Options
29:57 The Importance of Starting Early
34:44 Final Thoughts and Course Information

Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/

Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com

Want to improve your finances fast? Then come on our course

https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

GP partner looking to improve your practice/ Then come on our course

https://www.medicsmoney.co.uk/gp-partnership-programme/

Follow us on Instagram

Follow us on Twitter

About the author

Picture of Tommy

Tommy

Dr Tommy Perkins is a GP Partner in Bognor on the South coast of England. He is passionate about providing the financial education that GPs need which is why he co-founded Medics’ Money with Ed. In his spare time he enjoys surfing with his young family. Dr Tommy Perkins BSc (Hons) MBChB MRCGP PGDipClinDerm

What medical school didn’t teach us about money

“What medical school didn’t teach us about money” will give doctors a step by step plan to transforming your financial future. Enter your details to download your copy now
Find out more

Join the Medics’ Money team and a whole host of medical specialist experts across multiple sell-out courses

  • Now featuring the Medics’ Money Partnership Course, the wildly successful course for any new and existing partners in a GP practice. For GP partners by GP partners.
  • Business for GPs course – pre-recorded CPD-approved course of four hours of content directly from the RCGP curriculum and get your CPD certificate. Don’t make costly financial mistakes!
  • Financial Wellbeing Course –improve your financial health FAST, and with limited work. Learn how to make better financial decisions. Set yourself up for financial success.
All across our private, exclusive community full of experts.
Find out more

Working with