Pension - Investment - Is it worth it

rebecca1

I Hope this is in the right section...
Husband and I run an IT business Ltd company. We have saved a considerable amount in the company account over the years.
I was thinking to free up a lump into a Pension fund. I have talked to an IFA about this and they think it is a good idea.


However, I don't know whether it would be advantageous to buy property instead. I am a bit nervous at jumping into a Pension scenario which you cannot get out of. Any thoughts on this anyone ?


Thanks Rebecca

Savvy_Sue

I'd be equally nervous about buying a property which you then (presumably) have to let out: don't go into that situation without really checking out your legal obligations. Also it may not be that easy to liquidate the asset when you need to.

But you pays your money and you takes your choice - after consultation with your accountant and a financial adviser who understands your situation, your risk profile etc etc etc!

BTW, doing SOMETHING towards an income in retirement is definitely a good plan, IMO!