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Pension Robbery. You can't Have Your Money

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Comments

  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    The virtually guaranteed loser I was referring to is p-ing away between 40% and 60% of the money in tax and then using the remainder to buy property, vs not p-ing away 40-60% in tax and continuing to invest 100% in other assets within the pension.

    This is also the virtually guaranteed loser you were referring to when you said "Given that he seems to under stand property better than pensions it doesn't seem to be a big gamble" in #54. "It" can't be read as referring to anything other than the OP's proposal.
  • Terron
    Terron Posts: 846 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    edited 29 March 2018 at 9:00PM
    Malthusian wrote: »
    This is also the virtually guaranteed loser you were referring to when you said "Given that he seems to under stand property better than pensions it doesn't seem to be a big gamble" in #54. "It" can't be read as referring to anything other than the OP's proposal.

    That is just wrong. It can certainly be read as meaning property as I intended, and made clear that was what I meant several times since.
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