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enthusiasticsaver wrote: »
It sounds like you have a plan and I guess that with a mortgage rate of 0.74% it makes sense to have a balance of investing some of your money and overpaying the mortgage so you do not end up using all your OHs DC pension to repay it when the time comes.
3 years before retirement we started to keep a percentage of our assets in cash( high interest current accounts) to draw on alongside the DB pension my OH gets at the moment and my DB pension which I can claim next year. £10k sounds like a reasonable amount to keep in cash form and stocks and shares isa's are a good asset to have alongside your pension.
Frugaliza wrote: »
So are you looking to fund a 6 year gap then between 60'and spa? I'll be similar funding a gap of 7 years between retirement on a classic DB pension at 60 and then waiting for 7 years for my alpha DB scheme and state pension to kick in.
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