Some depressing numbers here, folk retiring on way more than I currently earn doesn't bode well. I think a trip to Switzerland may be on the cards for me.
So did I 60.Part of the problem is that I feel now as good if not better than I did 20 years ago. It's easy to delude yourself. I suppose one day I'll get ill and it won't just go away.
Just old, slow and wearing out.
How is £17K of taxable income virtually tax free?Well almost tax free, given it'd be split between two and compared to what we're currently paying in tax & NI.
How is £17K of taxable income virtually tax free?
There are very few people buying annuities nowadays…mostly those who have a guaranteed advantageous rate. Yes this is taxable as salary would be. There should a 25% tax free though…the same is the case with drawdown.How is £17K of taxable income virtually tax free?
That’s certainly much simpler and very predicable in terms of what you receive. Also there’s no need for you to gamble on how long you’ll live.No, no it’s quite alright thanks.
I have no need of the info.
I am enjoying an index linked final salary pension.
Some depressing numbers here, folk retiring on way more than I currently earn doesn't bode well. I think a trip to Switzerland may be on the cards for me.
I’m hoping to go the same way my father did; felt ill one morning, was taken to hospital for observations, died the same day. Up to then, he’d been fit and active.
Give me an idea of ‘lots’ so I can adapt my intake,If it’s any help, he drank lots of whisky right up until the day he died. Unfortunately I can’t stand the stuff.
He and my mother could and often did polish off a bottle between them in an evening. They both also smoked heavily until tobacco duty increases meant they had to choose between the booze and the fags.Give me an idea of ‘lots’ so I can adapt my intake,