• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Retirement planning poll

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Retirement planning poll

    Time to select how you will pay for your retirement?
    77
    Putting money into a pension fund and buy an annuity
    20.78%
    16
    Using my ISA allowance every year tax free
    18.18%
    14
    Investing in property and living off the rent / selling up.
    19.48%
    15
    Sticking money in a bank / shares/ bonds
    16.88%
    13
    Plan b. This time next year I will be a millionaire
    14.29%
    11
    Begging at AndyW's feet
    10.39%
    8

    #2
    BTL + vast collection of antiques + Pension plan
    Confusion is a natural state of being

    Comment


      #3
      I'm not doing anything at all (should really be an option)
      Since I'm from the west of Scotland I won't be alive for my retirement.
      Cooking doesn't get tougher than this.

      Comment


        #4
        Yes, doing nothing, living for today and letting the Socialist government look after you with a raft of benefits is a good plan.

        Comment


          #5
          I'm reminded of a comment from when I was in Moscow;

          Me: He looks like your average 60 year old Russian guy.

          Mate: What? Dead?



          Average lifespan for the Russian Male, 59.
          ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

          Comment


            #6
            Retirement....only wimps retire.
            I'm alright Jack

            Comment


              #7
              Originally posted by DimPrawn View Post
              Yes, doing nothing, living for today and letting the Socialist government look after you with a raft of benefits is a good plan.
              It's either do sod all and rely on the state or go for it big style and stash a lot of money away, don't go for the half way house. The In Laws stupidly saved what they could and see virtually no gain for stashing what was a lot of money away for them in their 50s.

              I hope and expect the state handouts will get a severe trimming before it's time for me to retire. If the masses are starving and I'm living behind big iron gates then I'll be truly happy

              Comment


                #8
                My Plan H is going great 35k in over 1 year and £220 out so far.

                Long term investment.

                I must love Mrs WC2 - Still if it means she does all the work then all the better.

                Anyone know of a red sports car and 21 year old blonde for hire?
                Throw them to the lions - WC2 5.4

                Comment


                  #9
                  Suicide at fifty year birthday. This has been the plan since I was 13.
                  "Condoms should come with a free pack of earplugs."

                  Comment


                    #10
                    Putting money into a pension fund and buy an annuity
                    This is an old fashioned view of retirement. You no longer need to buy an annuity, you can use drawdown until age 75, then use an ASP (alternatively secured pension).

                    No doubt pensions will be back in vogue again soon as people realise that property pensions are limiting your options.

                    Comment

                    Working...
                    X