You are unauthorized to view this page. Username or E-mail Password Remember Me Forgot Password In this video: 00:00:00 - Intro 00:02:42 - As a person without dependants, which type(s) of insurance cover I should try to get? Also, I'd like to better understand at which point someone should not rely exclusively on self-insurance. 00:08:00 - How does FSCS protection work with a S&S Junior ISA? As many platforms are not giving advice, is FSCS protection applicable? If it is, then is the £85k limit based on the child, or the parent, given that a JISA is an account for a child, managed by a parent. 00:10:10 - Can you explain the difference between Accumulation funds and Income funds. In particular, with the Accumulation funds the unit cost is typically higher (which again makes sense as they're constantly being reinvested into) but with that in mind if I'm buying £x of funds every month am I essentially paying extra for the profits that have been reinvested back into the fund due to the unit cost increasing as a result of the reinvestment (if that makes sense)? 00:14:12 - Just a massive well done on the 5m downloads. 00:16:20 - When you are a higher rate taxpayer, isn't it much more advantageous to contribute to a pension before topping up an ISA? 00:19:29 - From joining the Meaningful Academy, I gained confidence in setting up and actively manging an ISA share account, for which I use the Freetrade Platform. The end game is to formulate a strategy to gain passive income via dividends. All dividends I get are reinvested and I hope to continue this for when I come to retire. I am targeting a £1k a month return and believe this is potentially possible particularly with compounding. Presently I am seeing returns of 3.5% associated with dividends and am seeing (by accident I must add) approx 14% in growth. Just wanted to say thanks for giving me the initial confidence in making this happen! 00:23:00 - Pete talks about Inflation 00:24:00 - I watched an alternative video on retirement by a you-tuber called James Shack titled How much do you need to retire? The four keys to sustainable income. James makes reference to a retirement strategy by Jonathan T Guyton called Guyton’s Guardrails, which as I understand it simply put is about rebalancing on your pension drawdowns subject to how the markets are doing during. The principles are that he demonstrated a 99% success rate of not running out of money by deploying this strategy based on the example he used. I would appreciate it if you could look in to it (you possibly know about this already) and share your thoughts (maybe a youtube video). Would appreciate your council if you agree with this as a creditable pension drawdown strategy. 00:27:45 - Hi Pete is there any way you can push a notification out to the group when you are live? The only reason I remembered to watch is because I set my own reminder in my phone. 00:27:58 - Lifestyling pension funds - what's your opinion on them, please? I heard that they are more suitable for people who are buying an annuity instead of going for a FAD option. 00:32:00 - James Shack uses a piece of software called timeline, have you come across this before? 00:34:24 - Please can we get Abraham on the podcast again ? Such a legend. Prev LessonNext Lesson