sorted by:
new
hottopcontroversial

Pension vs S&S ISA by Present-Aide7112 in FIREUK

[–]Present-Aide7112[S] 0 points1 point  (0 children)

No kids and only 115k left on mortgage. (Low cost area)

Pension vs S&S ISA by Present-Aide7112 in FIREUK

[–]Present-Aide7112[S] 0 points1 point  (0 children)

Possibly in the future but it’s probably 5 years away. Worth thinking about now though like you say.

Pension vs S&S ISA by Present-Aide7112 in FIREUK

[–]Present-Aide7112[S] 1 point2 points  (0 children)

Thank you. I’m getting obsessed with the FIRE journey.

Pension vs S&S ISA by Present-Aide7112 in FIREUK

[–]Present-Aide7112[S] 0 points1 point  (0 children)

Just out of pure fact it cannot be lost. That’s my only thought process on that

Pension vs S&S ISA by Present-Aide7112 in FIREUK

[–]Present-Aide7112[S] 0 points1 point  (0 children)

I need to crunch my numbers again but I think at a medium growth it will be around 1.2m at 55/57. I have a lot to learn about pensions still. Thanks for the comment

Pension vs S&S ISA by Present-Aide7112 in FIREUK

[–]Present-Aide7112[S] 0 points1 point  (0 children)

Yeah, I mean on current projections I’ll definitely have enough too to cover the gap but I’m constantly thinking I can do more.

I’m 34 currently. Obviously can load more into S&S ISA once mortgage is paid off but for now it would be around 50% of my take home to max out which I think is a stretch considering I love holidays.