We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Endowments, take money and run?
chas347
Posts: 1 Newbie
Hi, Ive got 3 Standard life endowments, first matures sep 2010 and is £7000 short of total (£25k). paying £35 per month. Mortgage finishes 2010 also on no tie in. do i cash in endowment now and pay off mortgage? forecast is only £300 more on bonus. Other 2 endowments are smaller maturing 2013 and 2015 performing just as bad..
0
Comments
-
What is the mortgage promise value on the Std life endowment? They dont include this in the projections.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
-
Post some info
Guaranteed sum assured
Declared bonuses
Surrender value
Monthly premium
Maturity date
Maturity forecast
Moretgage promise value
Interest rate payable on mortgageTrying to keep it simple...
0 -
Take coin.
Decide that "heads" equals "cash in", tails equals "hold on".
Toss coin... take recommended action...
You are asking what the endowment companies will do with the payouts over the coming period... answer: F K...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.6K Work, Benefits & Business
- 600K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards