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Is there better 'value' retirement alternative?

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Sorry, I posted in the wrong place previously........does anybody read auto enrolment?
My wife, 60 last year, is going to be short of years contributions with state retirement pension at 66. She will be able to buy in some years for a lump sum at 66, is this the best option.
If not, then what are the alternatives. Thankyou.

Comments

  • dunstonh
    dunstonh Posts: 119,758 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    .does anybody read auto enrolment?

    No. The board admin have had a number of requests to remove that section and have acknowledged these but it still remains in the list and continues to be a ghost town.
    My wife, 60 last year, is going to be short of years contributions with state retirement pension at 66. She will be able to buy in some years for a lump sum at 66, is this the best option.

    Nearly always a good option.

    (and this question is nothing to do with auto-enrolment - just to add to your previous posting woe!)
    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.
  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    My wife is six years short and will be buying the missing years. It makes a lot of sense to us as we have the money and it will help her financial security in later life.
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