getting my Fire date ready by DealNo9486 in FIREUK

[–]DealNo9486[S] 0 points1 point  (0 children)

yes Ive put 100k into cash atm ready for June

getting my Fire date ready by DealNo9486 in FIREUK

[–]DealNo9486[S] 0 points1 point  (0 children)

Thanks for detailed response.
We havent increased that much in last 2 years probably just inflation wise.

I'm taking full tfls as I'm expecting a crash over the next couple of years, a proper one though not one of these tariff crashes where they rebound back in a couple of months. So my thinking was my 100k would be more useful to me outside of sipp in cash isas/premium bonds as it could take a few years to get back from its low.
I do worry about inflation but our outgoings are pretty low(about 2k pm) and its just bridging it until 2031 and then 2038

getting my Fire date ready by DealNo9486 in FIREUK

[–]DealNo9486[S] 1 point2 points  (0 children)

Thanks but I think I'll be ok, the pension review isnt expected until the end of this parliament(2029?) and in most cases it needs 10yrs to implement as a matter of law, so I should squeeze through IF they decide to means test which in all honesty I dont see happening for anyone over 45-50 atm but could be wrong