Holly Mckay
Holly MackayFounder and CEO
Avatar

Subscribe Now

Free of Charge

Avatar
    • Facebook
    Twitter/X
    Linkedin
    WhatsApp
    Email
    Home • Retirement Planning • Best for Retirees 65+

    Best Money Management Tools for Retirees 65+: Expert Picks

    By Holly Mackay, Founder & CEO

    The average man aged between 65 and 74 has £219,000 in savings and investments – this includes their cash savings, ISAs and any pensions. The average woman of the same age has just £81,000. These years are typically when the key decisions around pensions are made, and people will choose to go into ‘drawdown’ or buy an annuity. But people are also more likely to seek general financial advice, to help younger family members or to get help with inheritance planning.

    I’ve pulled out three common financial priorities and some providers which I think will be able to help those with an interest in them.

    A photo of two older men riding scootersA photo of two older men riding scooters

    The providers below are listed in alphabetical order.

    Top money management picks for Retirees 65+

    Inheritance Tax planning

    Unlock this guide to continue reading

    Unveil our Founder's top money management picks for Retirees!

    Already have an account? Login

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.