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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. Our Financial Wellbeing Course: https://www.medicsmoney.co.uk/medics-... 00:00 Introduction to NHS Pension Changes 01:21 Meet the Expert: Andy Powell 02:25 Understanding the NHS Pension Scheme 03:28 Retirement Age and Scheme Changes 06:40 Early Retirement Factors and Planning 10:30 Using Spreadsheets for Pension Planning 21:08 Options for Topping Up Your Pension 25:04 Alternative Investment Options 29:57 The Importance of Starting Early 34:44 Final Thoughts and Course Information Want to stay up to date with the latest financial information for doctors? Subscribe on YouTube to never miss a new video: / @medicsmoney Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter / medicsmoney Follow us on Instagram / medicsmoney DISCLAIMER: This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.