Retiring

[hampshireblue]

I’ve got two pensions totalling ~£100k and they’ve recovered slightly since July.. any advice on whether to claim them now or wait to see what happens re Brexit?

I realise it’s a gamble but any advice would be helpful.. we already have pensions we live on and also rental income from a property so these two unclaimed pensions are a bonus and not life and death

If the £ falls then it's usual for the FTSE to rise. this is because so many of the large companies trade in dollars. If you don't need to draw on them then I wouldn't personally.

 

[Bluemanc100]

If the £ falls then it's usual for the FTSE to rise. this is because so many of the large companies trade in dollars. If you don't need to draw on them then I wouldn't personally.

No, I don’t... I realise it’s a waiting game but they have increased in value by around 5% since July so I might as well wait till the new year and see what happens

 

[DTKOAG]

Anyone had/having dealings with Reassure ?
L&G passed over to them last year numerous pension polices.

 

[abu13]

What do people think a married couple would need for a comfortable retirement?
I know everyone has different needs and plans but I have heard such a wide range of numbers I just have no idea.

I believe me and the missus would be quite comfortable with an income of £25k a year, If i was to retire tomorrow and given we would get around £18k in joint state pension I believe i would only need another £10k a year income. Obviously things change but I am interested in what people think or have experienced.

 

[Uncle Wally One Ball]

What do people think a married couple would need for a comfortable retirement?
I know everyone has different needs and plans but I have heard such a wide range of numbers I just have no idea.

I believe me and the missus would be quite comfortable with an income of £25k a year, If i was to retire tomorrow and given we would get around £18k in joint state pension I believe i would only need another £10k a year income. Obviously things change but I am interested in what people think or have experienced.

How old are you?

 

[abu13]

How old are you?

52, although I feel like i'm 80 :)

 

[Uncle Wally One Ball]

52, although I feel like i'm 80 :)

What age do you get the state pension? Im in the category that has been put back to 68. May even be 69, the cunts. Factor that in to your thinking and how much you think you need

 

[dickie davies]

What do people think a married couple would need for a comfortable retirement?
I know everyone has different needs and plans but I have heard such a wide range of numbers I just have no idea.

I believe me and the missus would be quite comfortable with an income of £25k a year, If i was to retire tomorrow and given we would get around £18k in joint state pension I believe i would only need another £10k a year income. Obviously things change but I am interested in what people think or have experienced.

Sit down with your Mrs and write down all the expenses for necessities, council tax food, utilities etc
Then there's maintenance on your property
Factor in every day luxuries such as new car, washing machine every however many years
Then you need to think about what are you going to do with your retirement time, travel etc and how much money you'll need for that

In theory 25k should be fine, but it's all about what you want to do/see

 

[abu13]

What age do you get the state pension? Im in the category that has been put back to 68. May even be 69, the cunts. Factor that in to your thinking and how much you think you need

I am due to get it at 67, but im not banking on it with these cunts:)

 

[Uncle Wally One Ball]

I am due to get it at 67, but im not banking on it with these cunts:)

Its so wrong