We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Correct pension fund / consider other investments?

2»

Comments

  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Almost everyone on here has their own forecast, some more sophisticated than others.  If you have any excel skill I would try and put one together looking at inflation, growth, tax, SIPP, DB, SP as doing so would be educational.

    once you have something that looks reasonable you can experiment with leveraging the SIPP to address early years (at the cost of income later).  Finally there are many emulation sheets, that compare your plan against known market history and give you an estimate of how likely your plan is to succeed - ie how likely you get to your target age without running out of money  - plus the thread jamesd linked to at the beginning has just about anything you want to know about drawing down from a money purchase (DC) pot

    all the best - get planning, plotting and reading
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604.1K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.