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. Get paid for your Opinion here!  00:00 Introduction to NHS Pension Changes01:21 Meet the Expert: Andy Powell02:25 Understanding the NHS Pension Scheme03:28 Retirement Age and Scheme Changes06:40 Early Retirement Factors and Planning10:30 Using Spreadsheets for Pension Planning21:08 Options for Topping Up Your Pension25:04 Alternative Investment Options29:57 The Importance of Starting Early34:44 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