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<blockquote data-quote="Highland Mule" data-source="post: 7501374" data-attributes="member: 33090"><p>£90k taxed, so £60k in hand.</p><p></p><p>Started with £90k, which needed £150k of earned to get. £60k of income after tax at a time when you probably don’t need it, and a £150k asset which will have CGT to pay, maintenance costs etc.</p><p></p><p>or put that £150k into a pension fund and see it become £230k of which I can get first ~£60k tax free and bleed rest out over low income years.</p><p></p><p>As for where it should go? I’m sorry but I don’t do advice. Suffice to say the idea of zero risk and some reward sounds a bit tricky.</p></blockquote><p></p>
[QUOTE="Highland Mule, post: 7501374, member: 33090"] £90k taxed, so £60k in hand. Started with £90k, which needed £150k of earned to get. £60k of income after tax at a time when you probably don’t need it, and a £150k asset which will have CGT to pay, maintenance costs etc. or put that £150k into a pension fund and see it become £230k of which I can get first ~£60k tax free and bleed rest out over low income years. As for where it should go? I’m sorry but I don’t do advice. Suffice to say the idea of zero risk and some reward sounds a bit tricky. [/QUOTE]
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