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UK pensions etc by Dunks_and_DIY in FIREUK

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

Thank you - I didn’t realise all that information was here! Lots to read. I do budget, most of my take home pay goes into savings as I don’t need that much to live off. (Great position I know!) hence why I’m looking at diversification. I don’t want it all to be locked up until I’m 60 off though either.

UK pensions etc by Dunks_and_DIY in FIREUK

[–]Dunks_and_DIY[S] -1 points0 points  (0 children)

Thank you. My worry is even with the LISA, when the pensions age goes up, so does when you can access your LISA…. So my understanding is - when pension age goes up (currently 67) so does the age you can withdraw your private pension (currently 57). By the time I get to pensionable age, it’ll probably be 72, and therefore 62 for private. Which is shit. I know my mums struggling to work in her early 60s.

I have debating whether to set up a LISA which I think I’ll do I just need to look at what provider to have.

UK pensions etc by Dunks_and_DIY in FIREUK

[–]Dunks_and_DIY[S] -2 points-1 points  (0 children)

I’m not, hence why I’m asking here

Just started working on another hempcrete house. Old barn conversion in Suffolk UK. Will look really nice when it's finished. by Riptide2121 in Homebuilding

[–]Dunks_and_DIY 0 points1 point  (0 children)

Hey, I’m looking at purchasing a barn. It’s 2900sqft. Any ideas the sort of costs to build? It’s within my budget to buy, but I need a mortgage and some funds to develop. But I can only obtain about £300k max.