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Sense check needed - very rough estimates

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Comments

  • Silvertabby
    Silvertabby Posts: 10,371 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    MX5huggy said:
    Pooh sticks! Thanks @AlanP_2 that’s wrecked everything! 
    Not necessarily?  Excess AVCs can be used to buy additional index linked pension at much more favourable rates than anything on the open market.


  • AlanP_2
    AlanP_2 Posts: 3,540 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 25 May 2021 at 8:17AM
    MX5huggy said:
    Pooh sticks! Thanks @AlanP_2 that’s wrecked everything! 
    I feel guilty now, sorry  :(

     :) 
  • Dansmam
    Dansmam Posts: 677 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    Riding to the defence of Alan P (if that helps, not that defence is needed) if I'd  not been on here at least weekly for the past few years I'd not have known that was how it was calculated and would have been (though saddened) grateful to know before I put my notice in. Forewarned is forearmed and all that. Looks like more pension and more choices about when to be rid of the mortgage. Might even work out for the best 😉👏
    I have borrowed from my future self
    The banks are not our friends
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