Taking Drawdown Whilst not Paying Tax

Sam_666

"I have about £820k in cash ISAs, savings and a bit of gold."

Wow, thats such a wasted potential. Over last 5y, you could have made 15% per each year, potentialy up to 86% for that period. Even ftse100 did 60% return in last 5y. Oh, well.

DRS1

https://forums.moneysavingexpert.com/discussion/comment/81862743#Comment_81862743

And over the last 5 years gold is up 164%

Hopefully it is on the way back down again

XzavierWalnut

https://forums.moneysavingexpert.com/discussion/comment/81862743#Comment_81862743

I know that. But you can only spend so much.

Sam_666

https://forums.moneysavingexpert.com/discussion/comment/81862797#Comment_81862797

I dont undesrtand your statement.
I am talking about protecting assets from rot, by making sure they are invested for growth.

If you can only spend so much, give rest to charity.

XzavierWalnut

https://forums.moneysavingexpert.com/discussion/comment/81865389#Comment_81865389

What I meant was that I do not need anymore than I already have, and having previously had stocks and shares investments, do not want to go through the ups and downs of the markets again.