Pensions

[eggsarascal]

Just now, swinny said:

Lol 😆  how do you not know some folk on arbtalk allready do that now lol 😆 😂 

Most of them live up North😉

 

My pension will kick in soon, not a massive amount but I'll not have to work so much.

 

What have you got in place?

[openspaceman]

29 minutes ago, aspenarb said:

 

Dont know about that Chris, most of the folk I know living off a pension wear an overcoat indoors and spend all day licking the inside of their lounge windows.

 

Bob

Bloody cheek

[openspaceman]

7 minutes ago, eggsarascal said:

My pension will kick in soon, not a massive amount but I'll not have to work so much.

 

What have you got in place?

Having drawn a state pension for 5 years and supplementing it with part time working I'd say the biggest contribution to comfortable living is not having to pay rent, so look on buying a home as part of the plan.

 

I actually only started drawing half of my private pension at 70, and that makes me an income tax payer again. My biggest single unavoidable expense taking up over a quarter of the state pension is rates.

[eggsarascal]

12 minutes ago, openspaceman said:

Having drawn a state pension for 5 years and supplementing it with part time working I'd say the biggest contribution to comfortable living is not having to pay rent, so look on buying a home as part of the plan.

 

I actually only started drawing half of my private pension at 70, and that makes me an income tax payer again. My biggest single unavoidable expense taking up over a quarter of the state pension is rates.

I'm looking Andy, in the city I could buy now. Where I want to be is out of my league, supouse I'll have to cut my cloth accordingly.

[swinny]

10 hours ago, eggsarascal said:

Most of them live up North😉

 

My pension will kick in soon, not a massive amount but I'll not have to work so much.

 

What have you got in place?

Go on then. I went out an bought another house back in late 2020 that's rented out. 

 

Fingers crossed get another this year though things are way above what they should be.... that said, what I thought was dear last year is cheap now ! 😞

[eggsarascal]

25 minutes ago, swinny said:

Go on then. I went out an bought another house back in late 2020 that's rented out. 

 

Fingers crossed get another this year though things are way above what they should be.... that said, what I thought was dear last year is cheap now ! 😞

Like a lot of things, best time to buy a house was twenty years ago.

Edited March 26, 2022 by eggsarascal