Spectrum Wealth Group

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Spectrum Wealth Group Modern, forward thinking and pragmatic financial planners. Based in Glasgow.

It's time for another Ask the Planner, where we answer some of the questions we're regularly asked about financial plann...
22/10/2026

It's time for another Ask the Planner, where we answer some of the questions we're regularly asked about financial planning.

This month:

“𝗖𝗮𝗻 𝗜 𝗿𝗲𝘁𝗶𝗿𝗲 𝗮𝘁 𝟲𝟬?”

There's no single age when someone has saved “enough” to retire. Whether 60 is realistic depends on the life you want to fund and the resources you have available.

We'd start by looking at things such as your expected spending, pensions, savings and investments, any other sources of income and whether your expenditure is likely to change throughout retirement.

Then cashflow modelling can help us bring those figures together. For example, we can model what could happen if you retired at 60 rather than 65, spent more during the early years of retirement, helped your children financially or faced an unexpected expense later in life.

That can turn “Can I retire at 60?” into a much more useful conversation about what needs to happen to make your preferred retirement achievable.

Have a question you'd like us to answer in next month's Ask the Planner? Drop it in the comments below 👇

Have you ever wondered what it would take to step away from work for a year and travel?For some people, the idea of givi...
21/10/2026

Have you ever wondered what it would take to step away from work for a year and travel?

For some people, the idea of giving up a regular salary can be the scariest part 👻

But rather than assuming a career break isn't affordable, you can put some numbers around it.

Start by working out how much you'd need for the year itself, including travel and everyday spending. Then factor in the expenses that won't disappear while you're away, alongside an emergency fund for the unexpected.

It's also worth considering the longer-term impact. What happens to your pension contributions while you're away? How much money would you want waiting for you when you return? And how long might it take to find your next role?

Cashflow modelling can bring those figures together and show how taking a year out could affect your finances over the longer term. You might discover you need another couple of years to prepare. Or you might find you're in a better position than you thought.

If there's something you'd love to take time out to do, we can help you understand whether your finances could make it possible 👇

☎️ 0141 732 1237
📧 [email protected]

If you have people who depend on you financially, it's worth considering what would happen if they no longer had your in...
20/10/2026

If you have people who depend on you financially, it's worth considering what would happen if they no longer had your income.

Two common options are life insurance and family income benefit, but they work in different ways.

🔹 Life insurance usually pays a lump sum that could help repay a mortgage, clear debts, or provide financial security.

🔹 Family income benefit typically provides a regular monthly income for a set period, helping your family cover ongoing living costs.

For some families, one option may be suitable. For others, a combination of both could provide the right level of protection.

The most important thing is making sure your protection reflects your family's needs and circumstances.

If you'd like to review your protection arrangements or discuss the options available, please get in touch 👇

☎️ 0141 732 1237
📧 [email protected]

16/10/2026

For a short time earlier today, a post was mistakenly shown on our page containing content relating to another company.

We apologise for any confusion this may have caused.

The post was published in error and does not relate to Spectrum Wealth Group, our services, or our views.

Thank you for your understanding.

Six months travelling, a year at home with your children, time out to care for a family member, or perhaps you simply wa...
15/10/2026

Six months travelling, a year at home with your children, time out to care for a family member, or perhaps you simply want a break after years of working.

There are plenty of good reasons to take some time away from your career.

If you're planning a career break, however, it's worth looking beyond the cost of the time off itself.

While you're away from work, employer pension contributions may stop and your own contributions could change too. A longer break could also affect your National Insurance record, depending on your circumstances.

Before taking time out, you could check your latest pension statement, find out what happens to your workplace pension while you're away and review your National Insurance record.

It can also be useful to model the career break as part of your wider financial plan. You can then see what effect the time away could have on your longer-term goals and whether there are any steps worth taking before or after your break.

A career break can be part of the plan. The important thing is understanding what it means for your finances before you go.

If you're considering some time away from work and would like to understand how it could affect your longer-term plans, please get in touch 👇

☎️ 0141 732 1237
📧 [email protected]

You can spend years planning for retirement, but living it for the first time can tell you things a spreadsheet can't.Pe...
14/10/2026

You can spend years planning for retirement, but living it for the first time can tell you things a spreadsheet can't.

Perhaps you're spending more on travel than expected but less on everyday expenses. You might realise you want to work occasionally, help your family financially or bring forward something you'd planned for much later, that's why your retirement date isn't the end of your financial planning.

During your first year, keep an eye on what you're actually spending compared with what you'd planned. Review where your retirement income is coming from and consider whether withdrawals are working as expected, then take those real figures back to your financial plan.

Your plan can be adjusted as you discover what retirement actually looks like for you.

If you've recently retired and would like to review how your first year compares with the plan, please get in touch 👇

☎️ 0141 732 1237
📧 [email protected]

If you know you eventually want some of your wealth to pass to your family, you may decide that you'd rather help them w...
13/10/2026

If you know you eventually want some of your wealth to pass to your family, you may decide that you'd rather help them while you're still here to see the difference it makes.

Lifetime gifting can also play a role in estate planning and, in some circumstances, could help reduce a future Inheritance Tax bill.

However, giving money away solely for tax reasons could leave you short later in life. Your own financial security needs to come first.

Our latest carousel looks at some of the things to understand before making significant gifts 👇

We’re starting another new series where we’ll be putting some of the things you hear about pensions to the test.First up...
08/10/2026

We’re starting another new series where we’ll be putting some of the things you hear about pensions to the test.

First up:

“𝗜𝗳 𝗜 𝗺𝗼𝘃𝗲 𝗷𝗼𝗯𝘀, 𝗜 𝗹𝗼𝘀𝗲 𝘁𝗵𝗲 𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗜 𝗯𝘂𝗶𝗹𝘁 𝘂𝗽 𝘄𝗶𝘁𝗵 𝗺𝘆 𝗼𝗹𝗱 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗿.”

❌ 𝗠𝗬𝗧𝗛

Changing jobs doesn’t mean losing the pension savings you've already built up. The money remains yours, although what happens to the pension and its features will depend on the type of scheme you have.

If you've had several jobs, this can mean accumulating several different pension pots over your career.

That makes keeping track of them important. Keep your contact details updated with previous pension providers, retain your statements and consider creating a simple record of the pensions you hold and where they are.

And if you’re considering consolidating old pensions, check their benefits and features before doing anything, as bringing pensions together won't always be appropriate.

What pension myth would you like us to tackle next? Drop it in the comments below 👇

Today is World Financial Planning Day 🌍We spend a lot of time talking about pensions, investments and tax, but financial...
07/10/2026

Today is World Financial Planning Day 🌍

We spend a lot of time talking about pensions, investments and tax, but financial planning is about understanding what you want your money to help you do.

That might mean retiring a few years earlier, helping your children onto the property ladder, travelling more in retirement or simply knowing that you can afford to enjoy the money you've worked hard to build.

A financial plan starts by looking at where you are today and where you'd like to be in the future. Cashflow modelling can then help us explore whether your current finances are likely to get you there and what could happen if your plans change along the way.
For us, that's one of the most rewarding parts of financial planning: helping clients put real-life goals behind the numbers.

If there’s something you’d love your financial plan to help you achieve, we’d be happy to talk 👇

☎️ 0141 732 1237
📧 [email protected]

01/10/2026

Divorce can change almost every area of your financial life at once.

A household that previously shared income, property, pensions and future plans may now need to work out what financial security looks like for two individuals.

There can be a lot to consider during an already difficult period.

Our latest video looks at some of the financial areas that could need attention during and after a divorce, and why getting the right professional support can be valuable.

If your circumstances have recently changed and you’d like help understanding what they mean for your financial plans, please get in touch 👇

☎️ 0141 732 1237
📧 [email protected]

Address

Turnberry House, 175 West George Street
Glasgow
G22LB

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 4pm

Telephone

+441417321237

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