Sean Regan
pfm Member
A few questions.
Do you own your own house?
Have you got a mortgage, if so what interest rate are you paying?
If you have, it might be worth paying it off.
Have you any dependent relatives other than a wife for whom you have to provide?
What sort of pension have you got?
Will it provide a sufficient income for you when you retire?
(I'm retired and I spend a hell of a lot more than when I was working).
If you own your own house, you can consider equity release when you retire to supplement your pension.
This concept seems "foreign" to many, "when they die the kids get it all."
Invest some, spend some.
Do you own your own house?
Have you got a mortgage, if so what interest rate are you paying?
If you have, it might be worth paying it off.
Have you any dependent relatives other than a wife for whom you have to provide?
What sort of pension have you got?
Will it provide a sufficient income for you when you retire?
(I'm retired and I spend a hell of a lot more than when I was working).
If you own your own house, you can consider equity release when you retire to supplement your pension.
This concept seems "foreign" to many, "when they die the kids get it all."
Invest some, spend some.