how much will my pension be worth?

de1amo

i was medically retired from BT back in 1997 and received a lump sum and pension -til death do i part--it seems connected to inflation but i am wondering what its 'real' value will be when i am 65 in 18 years time?-do i hope for high inflation or more of the same that we have had over the past 11 years? -just a point i live abroad now but have a home and outgoings in the uk.
Excuse the naivity but i am new to the site and this might have been raked over many times before!

Andy_L

It will increase with RPI each year so it's "real value" will be about the same as now, depending on how accuratly RPI matches your lifestyle.

de1amo

Thanks--it seems to be standing me in good stead so far-i do a lot of living abroad thus life is cheap--i have often toyed with a thread of the cost of real living abroad for those money interested people on here-i see some real huge rip offs happening back there!!

Manual_Reversion

No need to feel shy, I'm sure many of us would be interested in your perceptions.

Start a thread; sounds interesting!

Glad it's working out for you.

Kind regards.

de1amo

i am new to this forum world but money savvy---i dont know which forum or how i would start it ???-i find the comparisons and attitudes fascinating -i never regret my foray abroad and i am building a life in a totally contrasting financially bound society-money matters both here and in the uk are my parcantpi am a bit remote from the uk and i get my indept finance info from this site and brief news reports but it all seems very scary and manic--reminds me of the millenium turn and the property crash of 1990 all rolled into one!--we lived to fight another day and it seems no one learnt the lessons!!-i wish i could get the locals to raise a site like this!

Rupert_Bear

de1amo wrote: »

i am new to this forum world but money savvy---i dont know which forum or how i would start it ???-i find the comparisons and attitudes fascinating -i never regret my foray abroad and i am building a life in a totally contrasting financially bound society-money matters both here and in the uk are my parcantpi am a bit remote from the uk and i get my indept finance info from this site and brief news reports but it all seems very scary and manic--reminds me of the millenium turn and the property crash of 1990 all rolled into one!--we lived to fight another day and it seems no one learnt the lessons!!-i wish i could get the locals to raise a site like this!

Sounds like the local climate is getting to you or you have been on the vino.