Bigger house or invest in funds?

Thrugelmir

Bigger house greater expense. 

Albermarle

Seems a bit odd you are in your mid forties , a relatively OK pension % contribution from your employer and recently you have been putting extra in . However you only have about £100K in it . What happened in the previous 20 years ?
Are you aware that £100K only gives around £3kpa in retirement income ?

btcp

Albermarle said:

Seems a bit odd you are in your mid forties , a relatively OK pension % contribution from your employer and recently you have been putting extra in . However you only have about £100K in it . What happened in the previous 20 years ?
Are you aware that £100K only gives around £3kpa in retirement income ?

I didn’t always live  here. I didn’t always have the employer who contributed that much. But I also feel it’s an irrelevant question what happened in the previous 20 years, the important thing is what I am planning to do going forward. I am aware that 100k doesn’t give me much but I have 20 more years to increase that pot. 

btcp

house_help said:

Can you extend current house for more space?

Not really. The garden is small. 

AskAsk

bigger house