I will be 60 this November, and foolishly i only joined the works pension a little over three years ago, it was something i thought about but just put it off. Now with retirement getting closer i am now thinking of ways to make up for lost time.
I am starting to pay extra into the pension, and have some money put aside which i am now considering part of my pension pot. I am thinking of just sticking it in the highest interest rate account available, and adding cash to the pot when ever i can.
Anyone in the same boat and what is your strategy ? |
Reply privately, Reply in forum +quote
or View forums list | |
As nicecouple said. Financial advisor will give you the best advice. At this stage I would consider other options as well as pensions. Maybe ISA / fixed rate savings etc. just in case something happens to the stock markets and you don’t have enough time for the pension to recover. But what do I know. See a FA. |
Reply privately, Reply in forum +quote
or View forums list | |
"As nicecouple said. Financial advisor will give you the best advice. At this stage I would consider other options as well as pensions. Maybe ISA / fixed rate savings etc. just in case something happens to the stock markets and you don’t have enough time for the pension to recover. But what do I know. See a FA. "
i am leaning towards the fixed term savings, there are some good deals out there at the moment, the money would start adding up after some time.
|
Reply privately, Reply in forum +quote
or View forums list | |
"Interesting that you have asked a swinging site for financial advice…
Let me have all your bank details and I’ll sort your finances out for you in one go…..  "
lol you can get good advise from the strangest of places sometimes. |
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic
