We’d like to remind Forumites to please avoid political debate on the Forum.

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.

📨 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!

Possible to change 50/50 beneficiary ?

2»

Comments

  • Sea_Shell
    Sea_Shell Posts: 10,464
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite

    Does he have the financial ability to manage all the costs involved in being a homeowner, even if he is effectively given a house (albeit with a small mortgage)?

    No landlord to ring if something breaks.

    How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)
  • Hi Sea Shell

    Yes he's looked at the costs carefully and he's very practical and has lots of 'workie' connections.
    If he does find he is struggling he knows he can sell and buy something cheaper and smaller, and he does not have the worry of hitting retirement and being homeless/having to rent.

    Not just a sucker for sweeties..:o
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.