25% lump sum tax free .Pensions payable from 55 these days.
25% lump sum tax free .Pensions payable from 55 these days.
History says not, apart from blips.All I see is over priced property , almost unsustainably over priced imo
what % do you get on your investments?Not read any replies, only your initial question. I’m 36. No interest in a pension. Think you pay in a lot for not a great return. I have a couple rentals which pay the mortgage and provide an income. Push comes to shove can sell them and walk away with a nice lump sum. A lot more than I would have in a pension paying into it over 20 year period. Rents are really high where I am so I’m lucky what they yield each month is very good. Looking to buy more when the market crashes again.
Ex council houses are making 250k here ,,,, wtfHistory says not, apart from blips.
Maggie's gift for 10k as well most probably???Ex council houses are making 250k here ,,,, wtf
40 years and they will be £1mEx council houses are making 250k here ,,,, wtf
And a barrel load of money for a loaf of bread is it???40 years and they will be £1m
you are auto enrolled, but can opt out.If your employed you got to pay into a pension I think.
Self employed up to you.
what % do you get on your investments?
Give up farmingMortgage £500 and £550. Rent out for 1250 a month and 1210 per month. Bought for 182k worth 345k as of 30-1-2021 and 362k.
NI contributions compulsory for state pension if still there, if we get there??you are auto enrolled, but can opt out.
No, because wheat will still be £160/ tonne, history also proves that.And a barrel load of money for a loaf of bread is it???
it depends where the market will go.Mortgage £500 and £550. Rent out for 1250 a month and 1210 per month. Bought for 182k worth 345k as of 30-1-2021 and 362k.
Give up farming
Where I am rents are less but so are the houses, look on rightmove, what they quote for monthly mortgage payments is usually also the rental price, and there is no shortage of tenants, most never get to see it before a good tenant is found.it depends where the market will go.
1250 a month on a house you paid 182K for give roughtly an 8% yield.
However, if you bought it today, its only 4% yield. This is OK if your getting capital growth, but you never know what will happen.
From a personal persepctive, it seems crazy that people spend 1250 a month on rent. That is a LOT of money. The average salary in the UK is circa 25K. Housing costs a large proportion of peoples income.
it depends where the market will go.
1250 a month on a house you paid 182K for give roughtly an 8% yield.
However, if you bought it today, its only 4% yield. This is OK if your getting capital growth, but you never know what will happen.
From a personal persepctive, it seems crazy that people spend 1250 a month on rent. That is a LOT of money. The average salary in the UK is circa 25K. Housing costs a large proportion of peoples income.
it depends where the market will go.
1250 a month on a house you paid 182K for give roughtly an 8% yield.
However, if you bought it today, its only 4% yield. This is OK if your getting capital growth, but you never know what will happen.
From a personal persepctive, it seems crazy that people spend 1250 a month on rent. That is a LOT of money. The average salary in the UK is circa 25K. Housing costs a large proportion of peoples income.