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!

57 no pension

New to this. 
Needing advise if any. I'm 57, single, self employed.  I have no pension I'm in  Rented accommodation live alone. Is it worth taking a pension out for 10/15 yrs or save money elsewhere. Just to have a lump sum of money.  Plan to carry on working till I'm able to. Also looking at funeral plans so my 2 boys not got that worry. All I have is a 1986 vespa which my boys tell me to get rid of but tell them thats they're inheritance 😂😂.  In a pickle not knowing what to do.  Any input would be welcome. 
Sheila 

«1

Comments

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
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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.