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will £200k give me £1500 per month for next 20 years?

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  • bandraoi
    bandraoi Posts: 1,261 Forumite
    I think I would be tempted to supplement the income with a small part time job. Something to make me get out of bed in the morning and something to help me get to know more people around the area.
  • dunstonh
    dunstonh Posts: 119,776 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    £1300 a month now would require around £1900 in ten years time to have the same sort of spending power due to inflation.
    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.
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