What would you do?

kassy64

Moonwolf said:

kassy64 said:

Hoenir said:

Where else can you invest your money for a guaranteed gross yield in excess of 29% ? 

Agree, but its only guaranteed if I'm still lucky to be alive in to my 70's. Hopefully I will be but nothing is guaranteed. So, I take it that you would be in the YES column?

You can put in your details here  https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/healthandlifeexpectancies/articles/lifeexpectancycalculator/2019-06-07

Think of it this way

I've read kassy as female, I apologise if I have that wrong, but at 60 you have a 90%ish chance of reaching 70 and a 50% chance of reaching 87 you have a 25% chance of reaching 95.

So 10% chance of not making a profit which won't affect you hugely unless you are really scrimping, you probably have savings you weren't going to spend by 70 anyway.

50% chance of making 370% profit (not including inflation)

25% chance of  making 560% profit

That assumes you are average, as Civil Servants are overall more educated and wealthier than the average (as that life expectancy includes people in poor postcodes living only on state pension) then your odds are probably better than that.

Definite yes from me.

Sorry male, no offence taken haha😁. I like the way you have used %’s to show chances etc. Another yea and I am swinging towards buying the year. Although yes I was in the civil service I worked 24 hour shifts for majority of my 42 year service, so expecting that to have an impact at some time.  Thanks. 

Cobbler_tone

24 hour shifts for 42 years…did they at least give you Sunday’s off? 

It’s a yes from me.

kassy64

Cobbler_tone said:

24 hour shifts for 42 years…did they at least give you Sunday’s off? 

It’s a yes from me.

😂😂😂 very good. Better than most, with at least 3 rest days per week sometimes 4 plus a generous leave allowance and TOIL for additional hours worked it didn’t seem like I was there that often tbh. 

LHW99

Any grandchildren you could do a bit of care for - that can also bring NI credits?

kassy64

LHW99 said:

Any grandchildren you could do a bit of care for - that can also bring NI credits?

Good idea, not yet but a possibility in next few years.