Retiring

I did, was aiming for 60, bad decisions and market crash around 2010 changed all that, 62 now, still working about 30 hours per week (self employed) golf twice a week and part time unpaid carer for 88 year old Dad, life has never been tougher but still here and City are kin brilliant:-)
Good to hear you are happy fella even if it didn't quite work out as planned.
I have a couple of DB pensions which I always paid AVCs into plus a well funded DC pension. No mortgage on my own home and also have a couple of cheap rental properties, one of which is fully paid off and the other should be done in 5yrs, so I'm hopeful that I'm fairly well protected but I guess you never know.
 
Great thread this, I’m after some advice please. I’ve got 15 years to go until I want to retire. That ties in with paying the mortgage off and Claiming my final salary pension.
Change of circumstances shortly means I’m going to be about £700 a month better off shortly and I want to put it towards my retirement plan but I don’t know what to do with it??
 
Great thread this, I’m after some advice please. I’ve got 15 years to go until I want to retire. That ties in with paying the mortgage off and Claiming my final salary pension.
Change of circumstances shortly means I’m going to be about £700 a month better off shortly and I want to put it towards my retirement plan but I don’t know what to do with it??
I don't pretend to be an expert on this, but if you are looking at putting it away until you retire, then a stocks and shares ISA would be my suggestion
 
Great thread this, I’m after some advice please. I’ve got 15 years to go until I want to retire. That ties in with paying the mortgage off and Claiming my final salary pension.
Change of circumstances shortly means I’m going to be about £700 a month better off shortly and I want to put it towards my retirement plan but I don’t know what to do with it??
may not be an issue, if you can just check your total pension value v the pension lifetime allowance position. anything over the allowance can be taxed at 55% so could null any tax benefit.
 
I work away, mostly two week trips, 12 hours a day. I get paid good money and I think I’ve got my head screwed on by saving while I’m young. I don’t want to be running my arse off when my body starts to ache every time you wake up.

Like you said, life is to short. I’ve done a fair bit of travelling already and I want to continue that on a more regular basis. The average person works far to much, I don’t want to fall for the same trap.
You and me both mate
 
I’m 55, been pumping into my SIPP for a good few years pre COVID so I think I’m well catered for.
I got 2 teenagers who start university next year, once that’s out of the way I’m out of it.
I love my work I just hate the rat race with a passion.
Finishing uni is never the end of it
 

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