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Got an inheritance - what to do?
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seven-day-weekend wrote: »I inherited a similar amount last year. (I am 66 and already retired....
Unless you have an objective reason to expect a short life, a good investment for you might be to defer your state pension with a view to taking your reward as extra pension. An index-linked return of an annuity-like 10.4% p.a. is probably impossible to beat.Free the dunston one next time too.0 -
Unless you have an objective reason to expect a short life, a good investment for you might be to defer your state pension with a view to taking your reward as extra pension. An index-linked return of an annuity-like 10.4% p.a. is probably impossible to beat.
Can you do it once you have started drawing it?
ETA: Just googled, yes you can - might be well worth thinking about....thanks!!(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0
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