long term regular savings (but not a pension!) - help!

cup_of_tea_shaggy

Hi all,

I a, in my mid 20s at the mo and suffer from a medical condition that means chances are I wont be able to continue working until the normal retirement age (or possibly even until im 50 which is the earliest my company pension will pay me).

I need somewhere where I can save regularly (i dont have a lump sum) on a long term basis that offers me the best return on my money. Preferably I would like some kind of bond that I can renew every 3-5 years depending on well I remain medically speaking. Are there any such products (like a bond) that allow me to invest monthly as opposed to a lump sum? (I am able to save a few hundered pound per month max)

I am aware of regular saver accounts, but these rates tend to only last a year and then drop dramatically. I dont really want something I have to keep reviewing and changing all the time, just something like a pension but with the ability to get to my money before most people retire.

I hope this makes sense, any advice much appreciated!

thanks in advance...

slopemaster

cup_of_tea_shaggy wrote: »

Hi all,

I a, in my mid 20s at the mo and suffer from a medical condition that means chances are I wont be able to continue working until the normal retirement age (or possibly even until im 50 which is the earliest my company pension will pay me).
..

Have you checked really thoroughly that company scheme will not pay out early in case of ill health?
(cos mine does, just a thought...)

cup_of_tea_shaggy

yeah i have checked, they wont pay early for a pre-existing medical condition. 50 would be the earliest I could get my hands on my money again

cup_of_tea_shaggy

any other suggestions on this anyone? im really stuck over what to do at the moment!

thanks in advance...

cup_of_tea_shaggy

Could this thread be moved onto the new disabilities section of the forum? I might get some more help there. Im sure this is an issue that must affect lots of people with disabilities