• Welcome to DOSBODS

    Please consider creating a free account to be able to access all the features of the DOSBODS community. It only takes 20 seconds!

Sign in to follow this  
stokiescum

small pension dilema

Recommended Posts

in no rush to do anything has ive got at least 2 years yet,but would you take it or not.i opted out of serps for a bit and have roughly 30k at 65 its projected to give me 1500 a year for life,the problem is my male relitives dont tend to live long my dad died at 65 his brother at 70 ,now i also think pensions could end up being means tested in the future,on the other hand if i take it at 55 i will be taxed on 75% of it .its only a small amount of money but on the other hand what will 1500 quid get you in 2030....

Share this post


Link to post
Share on other sites
3 minutes ago, spygirl said:

Keep it, for insurance.

Draw it out when you get the faral illness.

i didnt realize your family got it if you died i got some life insurence after the recent demise of a cousin at 51.if i cashed it in after i caught a feral illness id have to declare it or be done for fraud lol.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.