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Endowment Saving Plan
ROBMIL
Posts: 1 Newbie
Hi,
I am thinking about whether to keep paying into my endowment as a saving scheme, I cant sell it on as its not the type they want, Its with legal and general and i am taking it that the return is going to be dreadful. Any ideas please ??????????
I am thinking about whether to keep paying into my endowment as a saving scheme, I cant sell it on as its not the type they want, Its with legal and general and i am taking it that the return is going to be dreadful. Any ideas please ??????????
0
Comments
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unit linked or with profits?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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8.5yrs I took out an endowment for to repay the mortgage on the flat, but 5yrs ago we moved to a house and its repayment. So I have been continuing to pay into my endowment and hopefully in 17yrs it will pay me out money that I can put away towards my retirement - this is my thinking. I realise that it may not make the money originally needed which was £33250 but hopefully the market will increase again in several years and it will be near the amount caluculated.MFIT T2 Challenge - No 46
Overpayments 2006-2009 = £11985; 2010 = £6170, 2011 = £5570, 2012 = £12900
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