Pension Vs ISA

Firegirl

I got in touch with an accountant who said they could help me compare but it’s £160 for them to prepare calculations and a 30 min chat. I’m sure I can put my head to it and work it out myself.

Google search here I come!!!

Firegirl

Thought I’d update this thread and thank you for all your comments and help!

This is the plan:

1. Move to Umberella Company
2. Salary Sacrifice 2k/2.5k a month to pension 
3. £500 a month to ISA
4. No longer aggressively overpay mortgage 

I want to build my ISA encase I need to bridge any years between retirement and 57.

It looks like my Mortgage free wannabe days are numbered……might have to start a diary here so I can look back in later years.

Albermarle

Firegirl said:

Thought I’d update this thread and thank you for all your comments and help!

This is the plan:

1. Move to Umberella Company
2. Salary Sacrifice 2k/2.5k a month to pension 
3. £500 a month to ISA
4. No longer aggressively overpay mortgage 

I want to build my ISA encase I need to bridge any years between retirement and 57.

It looks like my Mortgage free wannabe days are numbered……might have to start a diary here so I can look back in later years.

Sounds good but as your pension and ISA pots grow, you will have to pay more attention to how they are invested. Maybe you already do, but many do not.

Firegirl

Thanks @Albermarle, yes I have an IFA that keeps an eye on all that for me