Jump to content

Log in or register to remove this advert

Pensions


eggsarascal
 Share

Recommended Posts

Log in or register to remove this advert

Thinking sensibly (my thoughts obviously, others may differ) if health and all other circumstances are looking good in 18 yrs when i hit 55, i’m going to take my 25% tax free lump sum to start with, and see where i am with rest depending on amount remaining etc regards tax.

Link to comment
Share on other sites

43 minutes ago, Ratman said:

Thinking sensibly (my thoughts obviously, others may differ) if health and all other circumstances are looking good in 18 yrs when i hit 55, i’m going to take my 25% tax free lump sum to start with, and see where i am with rest depending on amount remaining etc regards tax.

I wouldn't 'bank' on being able to take your 25% in 18 years time. What money I've got is going into property. I do like a gamble but don't want to end up with nowt.

  • Like 1
Link to comment
Share on other sites

1 minute ago, eggsarascal said:

I wouldn't 'bank' on being able to take your 25% in 18 years time. What money I've got is going into property. I do like a gamble but don't want to end up with nowt.

That is what I think, I would rather "things" than numbers on a bit of paper

 

  • Like 2
Link to comment
Share on other sites

2 minutes ago, eggsarascal said:

I wouldn't 'bank' on being able to take your 25% in 18 years time. What money I've got is going into property. I do like a gamble but don't want to end up with nowt.

Mine too eggs I have already got one that I rent out that brings 5k a year in and it is earning from day 1 There is some work with the renting but you are not lining the suit pockets. My advice to anyone is to either buy new or a wreck and gut it you will have many trouble free years and can be picky with your tenants. I let mine through an agent who finds me a tenant then I 

 manage the money and day today things myself. I know 3 financial advisors and they all have a good life with not a lot of work and they all have some property investments.

Link to comment
Share on other sites

I wouldn't 'bank' on being able to take your 25% in 18 years time. What money I've got is going into property. I do like a gamble but don't want to end up with nowt.

I’m buggered either way eggs till i’m 55 cos i cant touch it till then. I’d buy another house tomoz with what i have already in my sipp pot if i could. Time will tell though, owt could happen between now and then.
  • Like 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share


  •  

  • Featured Adverts

About

Arbtalk.co.uk is a hub for the arboriculture industry in the UK.  
If you're just starting out and you need business, equipment, tech or training support you're in the right place.  If you've done it, made it, got a van load of oily t-shirts and have decided to give something back by sharing your knowledge or wisdom,  then you're welcome too.
If you would like to contribute to making this industry more effective and safe then welcome.
Just like a living tree, it'll always be a work in progress.
Please have a look around, sign up, share and contribute the best you have.

See you inside.

The Arbtalk Team

Follow us

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.