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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Pension Statment Questions
henry24
Posts: 455 Forumite
In the 80s I started a pension paying only £200 a year by direct debit and never altered it or bothered with it now with 2 years to claiming they have sent a statement that says the projected fund value could be £25700 with a annuity guarantee of £2520 per year if I don't take a lump sum guaranteed for 5 years. Without the guarantee £1070 per year
To me that looks good is it? After 5 years what happens?
To me that looks good is it? After 5 years what happens?
0
Comments
-
When you die. Payments cease.0
-
So if I live for 30 years they will pay it? I will of only paid in about £5000 when I start receiving money back.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards