We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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.
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 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!
I tend to think about equity investments in today's money because I assume they'll grow in real terms. 4% cash with 2% inflation is a 2% return, if inflation is higher your net result will actually be beyond your lower bound. Inflation is currently 3%+
Need to see the comparison of what you could get out of your pension with tax savings etc. and potentially higher real returns Vs these figures IMO. But that's a fun task
I have no idea how to do any of those things, but I reckon £45k will still be a meaningful figure in 18 years' time 🤷♀️? I don't want to over-think it too much and end up a victim of OMYS. Hey, if it goes really badly, I could always go back to work....😱
Mortgage start: £65,495 (March 2016) Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed