Ep 225: How to retire EARLY using your NHS Pension

Ep 225: How to retire EARLY using your NHS Pension

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.

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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

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Ep 341: Maximise Your Earnings: Essential Tax Tips for Doctors

Ep 341: Maximise Your Earnings: Essential Tax Tips for Doctors

FREE guide from Medics' Money: https://medicsmoney.co.uk/free-guide/Find out if you can claim tax relief with this list: https://www.gov.uk/government/publications/professional-bodies-approved-for-tax...

8 Sep 18min

[MDT] NHS Pension £7.4 BILLION surplus, £1.1 trillion cash bonfire, stealth tax traps continue..

[MDT] NHS Pension £7.4 BILLION surplus, £1.1 trillion cash bonfire, stealth tax traps continue..

Current money issues for doctors: the £100k tax trap, cash drag, and the NHS pension surplusA Medic's Money MDT episode with Tommy Perkins, Dr Cyra Asher, Andy Pow, and Ed. The team breaks down three ...

4 Sep 48min

Ep 340: TRUST ME, I'm an expert in IHT

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In this episode, Cyra sits down with Shivali, a senior private client lawyer at Talbots specialising in wills, estates, trusts, and tax, for a deep dive into inheritance tax (IHT). They cover the basi...

1 Sep 35min

Ep 339: These tax tips can save Doctors £THOUSANDS in tax

Ep 339: These tax tips can save Doctors £THOUSANDS in tax

You could save £thousands with our free guide - https://medicsmoney.co.uk/free-guide/In this episode, Ed GP, chartered accountant and tax advisor) and Andy Pow (specialist medical accountant with 30+ ...

25 Aug 25min

Ep 338: NHS loses Thousands of Doctors abroad — Asterix health is bringing them back

Ep 338: NHS loses Thousands of Doctors abroad — Asterix health is bringing them back

Check Aserix out here: https://asterix.health/Tommy is joined by Julian, co-founder of Astrix Health, a startup tackling the NHS GP shortage by bringing GMC-registered doctors working abroad back into...

18 Aug 29min

Ep 337: NHS Pension for New (and current) Doctors: The £7 Billion Question

Ep 337: NHS Pension for New (and current) Doctors: The £7 Billion Question

Join Medics' Money with a free guide here: https://medicsmoney.co.uk/free-guide/In part two of the Medics' Money New Doctors' Finance series, Dr. Ed Cantelo sits down with specialist medical accountan...

11 Aug 26min

Ep 336: Budgeting, Investing & Surviving Your New Rotation

Ep 336: Budgeting, Investing & Surviving Your New Rotation

Get your free guide here: https://medicsmoney.co.uk/free-guide/Starting a new rotation, or FY1, is exciting, overwhelming, new payslips, and filled with a whole lot of new questions. In this episode, ...

5 Aug 20min

Ep 335: Why is buying/selling my house taking so long??

Ep 335: Why is buying/selling my house taking so long??

This week, Cyra (a chartered accountant and doctor) interviews Donna Butler, a technical support solicitor at Talbots Law, about why buying and selling property is so slow and stressful. Donna outline...

4 Aug 51min

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