How much do you need to secure a comfortable retirement?

A new report estimates that financial comfort in later life costs £45k a year, but only one in 10 are on track to reach this figure. Craig Rickman delves into the data.

4th June 2026

by Craig Rickman from interactive investor

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How would you define what it means to live a financially comfortable life? To be clear, we’re talking security rather than luxury, although I appreciate for some people, splashing out on flashy stuff is core to a fulfilling existence.

Most of us must confront this question at some point during our working lives. We need to work out the level of earnings or income we need to live comfortably both now and once we’ve retired.

Last year More in Common, a think tank, calculated that quality of life and financial comfort tend to level off once annual income reaches the £50,000 to £80,000 ballpark. That’s a pretty broad range, of course. Some people will need more than others. The figure will ultimately hinge on your personal situation, including where you live, and spending habits.

Putting a figure on what will create financial comfort will never be an exact science – More in Common unsurprisingly found that people with six-figure incomes tend to have higher levels of life satisfaction than those who earn less – yet it can provide a rough gauge to those seeking a target to aim for.

The definition of financial comfort has grabbed the headlines this week after Pensions UK, formerly known as the Pensions and Lifetime Savings Association (PLSA), published its latest Retirement Living Standards.

The trade body crunches the numbers every year to estimate the annual cost of funding a minimum, moderate or comfortable retirement. “The figures reflect increased everyday costs across spending categories such as food, essential household bills and transport, as well as the social activities and hobbies,” Pensions UK said.

The data is split into one-person households and couples, calculates the amount needed both before and after tax, shows the income required should you receive the full state pension, and approximates the required savings pot size. Importantly, housing costs are stripped out of the numbers, so if you’re paying a mortgage or rent, you’ll need more income to meet the respective living standard.

The figures for 2026 are shown below.

Two-person household (per person assuming an equal split) 

Standard	Income needed after tax	Income needed before tax	State pension	Income needed from your pension savings	Estimated defined contribution (DC) pot
Comfortable	£31,350	£36,045	£12,548	£23,497	£315K–£470k
Moderate	£22,700	£25,232	£12,548	£12,684	£170K–£255k
Minimum	£11,250	£11,250	£12,548	£0*	£0*

* For two-person households at the minimum living standard, the full new state pension alone may be sufficient to meet this level of income, depending on individual circumstances. 

One-person household  

Standard	Income needed after tax	Income needed before tax	State pension	Income needed from your pension savings	Estimated defined contribution (DC) pot
Comfortable	£45,400	£54,720	£12,548	£42,172	£560K–£845k
Moderate	£32,700	£37,732	£12,548	£25,184	£335K–£505k
Minimum	£13,900	£14,232	£12,548	£1,684	£23K–£34k

Source: Pensions UK.

There are a couple of things to clear up first. The estimated savings pot required is based on buying an annuity – a guaranteed income for life – assuming you receive between £5,000 to £7,500 per £100,000 of pension savings. Annuity rates rarely stand still and have seen a sharp improvement in the past half a decade and you have various features to choose from which can influence the income offered, hence the wide range. 

You don’t have to buy an annuity with your pension pot, and despite rates improving recently most retirees opt for flexible withdrawals, but it’s purely to help illustrate the likely size of funds required.

If you find the numbers daunting, you’re certainly not in the minority. The broad sentiment is that they’re at the loftier end of the scale, so it may come as little shock to learn the accompanying field research paints a rather bleak picture. 

Pensions UK found that only 23% of people are on track for a moderate retirement, while fewer than one in 10 (9%) are set to accrue sufficient wealth to live comfortably under its definitions. Elsewhere, 82% of the population are expected to achieve at least minimum standard of living, but that means 18% – almost one in five – will fall short.

Defining what comfort means

To unpack what kind of spending patterns and levels equate to financial comfort, let’s get a better understanding of how Pensions UK arrives at the figures.

The trade body’s definition for a comfortable retirement includes running a three-year old car, replaced every five years; an annual fortnight, half-board holiday in the Mediterranean; several long weekends away in the UK; £125 a month to spend on clothes and plenty spare for birthday and Christmas gifts.

For a moderate retirement, the areas of expenditure are essentially watered down, such as changing the car less frequently, and having less wealth to fork out on trips and presents.

Something to note is that the Retirement Living Standards purely offer a steer on what secures a minimum, moderate, or comfortable retirement.

A comfortable retirement will mean different things to different people; Pensions UK’s annual calculations can provide a useful starting point, but the key is to think about the lifestyle you aspire to once you leave the workforce, work out the amount you need to save, and start planning as early as you can.

One could easily claim that Pensions UK’s definition of moderate equates to comfortable in their eyes. A single person needs an income of almost £55,000 a year before tax to achieve financial security, a figure which is £15,000 higher than the current average UK wage, and clearly well out of reach for large swathes of the population.

Even if you qualify for the full state pension, you’d still need a pot of £560,000 to £845,000 by Pensions UK’s calculation. Couples, meanwhile, require £315,000 to £470,000 each, so up to almost £1 million between them, to generate the combined £72,000 a year before tax required to live comfortably.

Helping workers accrue retirement wealth

Around two weeks ago, the Pensions Commission published its interim report into retirement adequacy, and unearthed similarly worrying statistics, finding 15 million people are under-saving for later life.

With various data pointing towards retirement inadequacy, recent policy proposals, notably the inheritance tax (IHT) reforms set to take effect next year and salary sacrifice being scaled back in 2029, appear even more puzzling.

Moving the goalposts and chipping away at valuable tax incentives may disincentivise savers at a time when many need all the help, encouragement and support they can get. One-quarter (24%) of the sample from interactive investor’s Great British Retirement Survey 2025 said they would feel more empowered to pay into their pension if the rules stopped changing.

The final outcomes of the Pensions Commission’s review, which we can expect in 2027, will be crucial to help workers reach later life on firmer financial footing. Reforming the auto-enrolment regime to gradually increase the legal minimums and expanding the qualifying earnings bands, are two possible solutions to boost employed workers’ pension pots. Any changes, however, must be balanced against the challenging financial headwinds facing individuals and businesses, with both continuing to grapple with rising costs and higher taxes. 

The message is that savers need to increase what they pay into pensions, and provided you have disposable income or can rejig your finances to free-up some spare cash, that’s a sensible and important thing to do. Employer contributions and upfront tax relief are valuable leg-ups when building retirement wealth; making the most of these perks is key.

Equally, developments in the first half of 2026, namely the economic overspill from the Iran war, have created fresh challenges for our finances. Mortgage deals have worsened, energy bills will rise in July, and inflation could speed up again later this year. People who want to save more for their future may not have the scope to right now. If you’re struggling to make ends meet today, it’s natural for longer-term goals to fall down the pecking order.

On the policy front, it’s equally vital to complement pension reform with greater financial education so that people understand the value of increasing retirement wealth, helping to foster the necessary motivation and nous to stay engaged with their pensions. A bright spot on this front is looming on the horizon, with the pensions dashboards expected to be rolled out by this time next year, offering savers a clearer view of how their current retirement savings might support them down the line.

10/01/26

Foresight Solar Fund Limited

(“Foresight Solar” or “the Company“)

Declaration of Dividend

Foresight Solar is pleased to announce the first interim dividend, for the period 1 January 2026 to 31 March 2026, of 2.025 pence per ordinary share. The shares will go ex-dividend on 23 July 2026 and the payment will be made on 21 August 2026 to shareholders on the register as at the close of business on 24 July 2026.

The Board confirms Foresight Solar’s annual dividend target of 8.10 pence per ordinary share for the 2026 financial year.

GCP Infrastructure Investments Limited (LSE:GCP) delivered a solid performance during the six months ended 31 March 2026, demonstrating resilience despite continuing challenges across the UK alternative income investment sector. The FTSE 250-listed infrastructure debt fund remains invested across a diversified portfolio that includes renewable energy projects, PPP/PFI assets and supported living investments, with many holdings qualifying for the London Stock Exchange’s Green Economy Mark. A portion of the portfolio also benefits from inflation-linked income characteristics designed to support long-term returns.

The company maintained its interim dividend at 3.5 pence per share, keeping it on track to meet its full-year dividend target of 7.0 pence per share. During the reporting period, shareholders benefited from a total return of 5.0%, while net asset value (NAV) generated a total return of 2.4%.

Fourth Interim Dividend for the financial year ended 31 May 2026

CT Global Managed Portfolio Trust PLC (‘the Company’) announces a fourth interim dividend in respect of the financial year ended 31 May 2026 of 2.15 pence per Income share.   

This dividend is payable on 10 July 2026 to shareholders on the register on 12 June 2026, with an ex-dividend date of 11 June 2026.

The normal pattern for the Company is to pay four quarterly interim dividends per financial year.

For the full financial year ended 31 May 2026, total dividends have increased by 3.3% to 7.85 pence per Income share (financial year ended 31 May 2025: 7.60 pence per Income share).

Financial year to 31 May 2027

In the absence of unforeseen circumstances, it is the Board’s current intention to pay four quarterly interim dividends each of at least 2.0 pence per Income share and that the aggregate dividends for the financial year to 31 May 2027 will be at least 8.0 pence per Income share (2026: 7.85 pence per Income share).

Point de vue sur Gordes gordesview.comx pb0b5kx@gmail.com 38.180.128.166

Interesting breakdown of this week’s gainers. I’ve been experimenting with a few passive income streams myself, and it’s encouraging to see which sectors are performing well. Do you think this momentum is sustainable into next month, or is it mostly seasonal

Sameba Cathedral samebacathedral.comx itz0soo6@hotmail.com 38.180.128.166

Interesting to see the portfolio adjustments you’re making—curious what drove the decision to shift away from some of the dividend stocks you mentioned. I’ve been considering similar moves for my own passive income strategy, especially with current market volatility. Would love to hear more about how you’re balancing yield with growth in this environment.

The SNOWBALL only invests in the tail not the dog, the main consideration is the growth of the income. The capital value is only secondary as the plan is to live off the dividend income, which means selling only shares that can be re-invested back into the SNOWBALL at a better yield. Although it would be wise as you near retirement to re-invest in the shares that you consider have the safest yield. Majoring on the income allows you to have a written plan with an end destination, majoring on growth there is no end destination as there is now way of knowing how much your shares will be worth when you start to drawdown.

You could have two separate investment pots and switch between the two.

Dividends can be more reliable than share prices as they’re driven by
the companies performance itself and not by the whim of investors.

As part of a total return / reinvestment strategy, this income could be
reinvested into income assets or back into the equity market
depending on the relative valuations.

The emotional benefits of dividend re-investment.
In fact, with this investment strategy you can actually welcome falling share prices. GL

House models and one with REIT – standing for real estate investment trust – written on it.

Earning a second income is one of the best ways to work towards financial independence. And the stock market is a terrific place to look for opportunities.

Regular investing can be a powerful strategy. With enough time, it doesn’t take huge sums to build a portfolio that can generate big returns.

What can you get for £4.50?

Apparently, £4.50 is roughly the average price of a pint in a central London JD Wetherspoon. That’s the world we live in.

You can look at that one of two ways. From a glass-half-full perspective, that’s a lot cheaper than the competition right now.

From a glass-half-empty perspective, it’s going up. But while Wetherspoon’s tries to hold prices down, increases seem inevitable.

Another option is to invest that money in the stock market. And if you stick at it long enough, the beers might pay for themselves.

How much can you make?

The UK is a great place for passive income investors. Low valuations mean high dividend yields and these can bring big returns.

It’s not hard to see why. A business offering an 8.5% return with good long-term prospects is a valuable asset for anyone to own. 

After 10 years of reinvesting dividends, it returns £1,542 a year. And by 2056, that figure reaches £18,071 – or £1,505 a month.

Where can you get 8.5%?

It’s fair to say that 8.5% opportunities don’t grow on trees. But NewRiver REIT (LSE:NRR) is a rare case.

The big question is whether or not this is going to be durable. High yields are often a sign that investors are worried about something.

In NewRiver’s case, the biggest risk is probably its debt. That’s a familiar situation for real estate investment trusts (REITs), but it’s a real issue.

The firm made a big acquisition in 2024 and its balance sheet still shows the impact. But the firm has a good strategy for dealing with this.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Smart management

NewRiver has been selling off some of its assets to bring its loan-to-value ratio down. And it has a particular strategy for doing this.

Cuckoo Bridge in Dumfries is one example. NewRiver sold the retail park for £26.5m, which represents an initial yield of 6.9% for the buyer.

That sounds good. But it’s going to be hard to generate future growth — NewRiver already brought in tenants on long-term deals.

Given this, it actually looks like a good sale. And the proceeds are being used to bring down the firm’s debt and reduce the overall risk.

Income seeking

I’m prepared to bet £4.50 won’t buy a pint in a central London Wetherspoon 30 years from now. But I also think an 8.5% annual return will stay ahead of inflation.

I think NewRiver’s dividend yield makes the stock an interesting proposition. Especially for investors looking for a second income.

It’s often better to invest monthly or quarterly, rather than daily, to keep transaction fees down. But the best time to start is sooner, rather than later

Stephen Wright owns shares in JD Wetherspoon.

The post How investing £4.50 a day could set you on the way to a £1,505 monthly second income appeared first on The Twelfth Magpie.

• Motley Fool 

 Oil Volatility Is Back: 3 Canadian Stocks to Buy Now

Oil Volatility Is Back: 3 Canadian Stocks to Buy Now

Energy volatility is back, but these three TSX gas stocks offer scale, upside torque, and even a takeover catalyst.

Posted by Amy Legate-Wolfe

Published June 3

ARX BIR TOU

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Key Points

• Tourmaline is the blue-chip pick with record production, stronger free cash flow outlook, and a sustainable base dividend.
• Birchcliff is the higher-risk, higher-upside option, since its cash flow can surge if gas prices rebound.
• ARC is now a deal-driven story after Shell’s planned acquisition, with key risks around closing and regulatory timing.

Oil prices can turn fast, but so can opportunity. Energy investors have had plenty to watch lately. Crude prices remain jumpy, natural gas demand keeps building, and global buyers still want reliable supply from stable countries. That puts Canada back in focus. The trick, as always, is avoiding companies that only look good when commodity prices run hot. Investors need producers with strong assets, disciplined spending, and enough financial strength to handle the next price swing.

TOU

Tourmaline Oil (TSX:TOU) fits that brief better than almost anyone on the TSX. The company is Canada’s largest natural gas producer, with operations across the Alberta Deep Basin, northeast British Columbia, and the Montney. That scale gives it a real edge when markets get choppy. It can spread costs, control infrastructure, and move gas to better-priced markets.

Tourmaline stock looks relevant now as natural gas could regain attention as power demand rises and liquefied natural gas exports ramp up. In its latest first-quarter results, Tourmaline stock reported record production and pointed to higher free cash flow expectations for 2026 and 2027. That gives investors a useful mix of growth potential, income, and a balance sheet that doesn’t need heroic commodity prices to work. It also gives investors one of the cleaner ways to ride Canadian gas without reaching too far down the risk ladder.

The dividend adds another draw. Tourmaline stock planned a $0.50 quarterly base dividend for late June, and it has used special dividends before when cash flow allows. At writing, its yield now sits near 3.1%. The risk comes from gas prices. If North American prices weaken again, the stock could wobble. Still, for investors who want a blue-chip energy name with gas leverage, Tourmaline stock deserves a close look.

BIR

Birchcliff Energy (TSX:BIR) offers a smaller, more leveraged way to play the same theme. It focuses on the Montney in Alberta, producing natural gas, light oil, condensate, and other liquids. That makes it more sensitive to commodity prices than Tourmaline stock, but also gives it more torque if gas prices improve.

Birchcliff stands out now because it rebuilt momentum after a tougher stretch for gas producers. In May, the company reported strong first-quarter 2026 results and declared a $0.03 quarterly dividend. That payout won’t make income investors rich overnight, but it shows management still wants to return cash while funding growth.

The appeal here comes from operating leverage. If gas prices improve, Birchcliff could see cash flow move higher quickly. Its Montney position also gives it long-term relevance as LNG Canada and broader gas demand reshape the market. The risk is that smaller energy producers can take harder hits when prices fall. Therefore, Birchcliff suits investors who can handle volatility and want more upside than a steadier giant might offer.

ARX

ARC Resources (TSX:ARX) brings a different twist. It already ranks among Canada’s strongest Montney producers, with a mix of natural gas and liquids that supports steady cash flow. Its first-quarter 2026 numbers showed why the market likes it. ARC reported net income of $584 million, or $1.03 per share, up sharply from last year.

The bigger catalyst, though, is Shell‘s planned acquisition of ARC. Shell agreed to buy the company in a deal worth about $16.4 billion, including assumed debt. That gives ARC shareholders exposure to a major global energy company, while also showing how valuable Canadian Montney assets have become.

For investors, ARC now looks less like a pure standalone stock and more like a deal-driven opportunity. The upside depends on the transaction closing and the value of Shell shares. The risk comes from deal timing, regulatory issues, or changes in energy sentiment. Still, Shell’s interest sends a strong message: high-quality Canadian gas assets matter.

Bottom line

Oil volatility can scare investors away, but it can also spotlight the stronger names. Tourmaline stock offers scale, Birchcliff offers torque, and ARC offers a takeover-backed vote of confidence. For long-term investors who can stomach commodity swings, these three TSX energy stocks look well-positioned for the next big chapter.

The S&P 500 Index Has Only Traded at This High a Valuation 1 Other Time in Its 69-Year Existence. History Couldn’t Be Any Clearer on What Happens Next.

The stock market continues to hit all-time highs this year.

 By Bram Berkowitz– Jun 3, 2026

Follow us ShareSummarize with AI

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Key Points

• In the history of the S&P 500’s Shiller CAPE ratio, the market has rarely traded at this level.
• The artificial intelligence boom has powered the market through many headwinds and bolstered S&P 500 earnings estimates.
• History rarely repeats itself, but it often rhymes.

As of June 2, the benchmark S&P 500 (^GSPC0.74%) index had hit 23 all-time highs in 2026. That’s following 96 all-time highs in 2024 and 2025.

Now sitting just below its latest high, the market has absolutely crushed it despite facing several headwinds, including doubts about AI at the very beginning of the year; the Iran war, which drove up oil and gas prices; and now, concerns about elevated inflation.

Exuberance over artificial intelligence and projected earnings growth of the S&P 500 has powered the market through these concerns. In fact, the stock market has traded at this high a valuation only one other time in its 69-year existence. History couldn’t be any clearer about what happens next.

Image source: Getty Images.

Pushing dot-com level highs

One way to assess the value of the S&P 500 is through the Shiller CAPE ratio, which compares the S&P 500’s price to its 10-year average inflation-adjusted earnings per share (EPS).

The idea behind using a 10-year, inflation-adjusted average EPS is to smooth out the noise of the economic cycle or periods with differing inflation to get a more holistic view of how the market is trading. For a while now, the S&P 500’s Shiller CAPE ratio has been creeping toward alarmingly high levels.

S&P 500 Shiller CAPE Ratio data by YCharts.

As you can see, dating back to the creation of the S&P 500 in 1957, the only other time the index had a higher Shiller CAPE ratio was in 2000, right before the dot-com bubble popped.

Will AI create the world’s first trillionaire?

One little-known company, called an “Indispensable Monopoly” owns the technology Nvidia, AMD, and Intel cannot function without. And it is still just a fraction of Nvidia’s size.

We just released a brand-new report with the full story and the company’s name. Continue ›

The tale bears similarities to the current situation. During the dot-com bubble, venture capital for start-ups soared amid the rise of the internet. Investors also poured into tech stocks, driven by fear of missing out (FOMO).

The fallout of the dot-com bubble was not pretty. The S&P 500 fell nearly 77% over the next two years.

The Shiller CAPE ratio also approached this level in late 2021 and early 2022, as people built up savings during the COVID-19 pandemic’s height and pent-up demand emerged. However, inflation also got out of hand, and the Federal Reserve had to hike interest rates incredibly fast, leading to a 20% sell-off in 2022.

That’s not nearly as dramatic as the dot-com bubble, but the point is that when the S&P 500 reaches these levels, a sharp sell-off has always followed.

Is another big sell-off coming?

Many would argue that the artificial intelligence boom is very different than the dot-com bubble.

The internet boom featured many start-ups without revenue receiving venture capital, and large tech and telecom companies funded much of the internet infrastructure build-out with debt. In 1999, there were 457 IPOs, most of which were related to the internet.

Today, much of the AI infrastructure build-out is being funded by massive, highly profitable companies that generate tremendous free cash flow (FCF). However, the hyperscalers have begun to see their FCF wells dry up and are taking on debt to fund infrastructure.

The IPO market has also been quite soft in recent years. In the U.S., there have been 63 IPOs year to date. There were 150 in 2024 and 250 last year, according to Renaissance Capital.

Of course, the other big difference is that many start-ups have been able to raise funding and stay in the private markets longer than they used to.

Some also believe that AI will be more transformational than the internet, and that the market is not yet at peak dot-com-era levels, so it may still have some runway.

Long-term investors with a five- or 10-year horizon don’t need to do anything, as the market has bounced back from most of these steep sell-offs. But they should be aware of where the market is and check their portfolios to see if they hold AI stocks with ultra-high valuations that could be vulnerable to a sell-off.

I’m not saying to not own any of these, but be cognizant of your exposure to them.

If you are concerned about preserving capital over the next two to three years and highly valued AI stocks take up the majority of your portfolio, it may be time to take some gains, increase cash, or add exposure to sectors that are more resilient during market sell-offs.

• NextEnergy Solar insists there are sunny uplands ahead after following a dividend cut with news of a 10.4% quarterly fall in NAV

• 03 June 2026
• QuotedData
• NextEnergy Solar Fund : NESF
• Gavin Lumsden

Shares in NextEnergy Solar (NESF), the £279m renewables fund that disappointed investors with a dividend cut in March, fell again today after the company revealed a 10.4% fall in net asset value (NAV) in the first quarter.

The worse-than-expected decline saw NAV per share drop 8.8p to 76.1p from 84.9p, although with the quarterly 2.5p dividend included the total loss was reduced to 7.4%.  

Some of the hits to NAV were known, such as 2p per share off from the government’s changes to the inflation measure used in subsidies to renewable power generators, or not unexpected, such as the 1.5p negative impact from lower generation and power price forecasts and 1.6p deducted from lifting the discount valuation rate in line with rising government bond yields and interest rates.

However, a 1.3p per share write-down to a development asset that NESF is selling and a 0.5p per share reduction in its investment in NextEnergy III, an international fund run by its fund manager, were not anticipated.

Chair Tony Quinlan said: “This has been a very difficult period for the sector, NESF and for our shareholders. The wider renewables backdrop has been uncertain, and recent government consultations and announcements have not helped to provide the clarity the sector needs and therefore had a detrimental effect on the company’s net asset value.”

However, Quinlan said the reduction in the dividend from 8.43p to 4.5p-5.1p per share for the current year to 31 March 2027 would strengthen the balance sheet and enable NESF to deliver long-term growth.

“Today’s NAV is a technical measure, taken at a point in time, but certainly not reflecting the substantial upside optionality inherent in the portfolio,” he said.

NESF shares fell 3.8% or 1.9p to 46.6p. They peaked at 122p in September 2022 before interest rates spiked in response to Russia’s invasion of Ukraine.

Our view

QuotedData senior analyst Matthew Read said: “While NESF’s update is a difficult read for shareholders, the causes behind its NAV fall are well understood – a combination of government policy changes, higher discount rates, weaker long-term capture price assumptions and a write-down on a development asset – and it does draw a line under some of the uncertainty that has weighed heavily on the share price.

“The dividend reset was painful for income investors, but we still think that this makes sense in the current market backdrop. Moving to a 75% payout of operating free cash flow should make the dividend more sustainable, retain more capital within the business, help reduce gearing and put the business on a better footing going forward.

“Repairing the balance sheet remains a priority and NESF has already completed disposals, reduced its RCF and is targeting further sales to bring gearing down to 40%–45% of gross asset value. The portfolio is still made up of long-life, cash-generative solar and storage assets, and there may be upside from repowering, batteries and future policy changes such as voluntary wholesale CfDs. However, if NESF can demonstrate that the strategic reset can stabilise NAV and therefore rebuild confidence, the discount has the potential to narrow meaningfully.”

Investor’s Daily brought to you by Sam Volkering | June 2, 2026

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“I smell a crash coming…”

So says Lloyd Blankfeinn, the former CEO of Goldman Sachs.

As does Ray Dallio, the founder of Bridgewater Associates, the largest hedge fund in the world…

And the ‘Big Short’ investor, Michael Burry.

Never mind that the economic storm caused by war in the Middle East is already pushing up mortgage payments and driving costs…

With the head of the International Energy Agency also warning that the impact on global energy supplies will surpass the combined effects of the two 1970s oil crises – and the war in Ukraine…

It’s not just another cost of living crisis that could see you seriously out of pocket in 2026.

Concerns over an AI bubble and unprecedented debt levels…

Are fuelling fears of a major stock market crash.

Logic states that anyone buying towards the end of a major bull run is likely to lose money.

I’ve booked a ‘profit’ of £300 with ORIT.

The current profit for the SNOWBALL including earned dividends is £1,007 but a profit is not a profit until the underlying share has been sold and the cash is sitting in your account. Current yield 9.6% so still a hold for the SNOWBALL.

Remember you Snowball should be different from the SNOWBALL as it should reflect the number of years you have before you want to spend your income rather than re-invest all of it.