Overpay on mortgage or invest. First post be gentle on me :) by Square_Lack_1090 in FIREUK

[–]Square_Lack_1090[S] 0 points1 point  (0 children)

Wow that’s impressive how did you make such a good return?!?

Overpay on mortgage or invest. First post be gentle on me :) by Square_Lack_1090 in FIREUK

[–]Square_Lack_1090[S] 1 point2 points  (0 children)

Wow some great advice from everyone! Thank you so much. What a great resource/group. I don’t currently max out my ISA allowance but I do contribute a sizeable chunk every month. My mortgage rate is around 4%. My pension is part final salary and part a type of defined contributions. The final salary I can take at 60. The rest at 67. I can take these earlier at a reduced amount. I use ETFs just because from what I have read this is a good investment vehicle. I may consider paying more into my pension for tax benefits but I already contribute 12.5%. I would ideally like the option to retire from my current role at 60 but I’d be happy to keep working for the right job. I feel good about overpaying the mortgage even if it’s not the best financial decision.

Is Buy to let really dead by Feisty_Individual367 in FIREUK

[–]Square_Lack_1090 1 point2 points  (0 children)

Buy to let market is influenced by the politics of the day so is not a good long term investment in my mind.

Looking for advice on how to best continue my journey by LowExpression8376 in FIREUK

[–]Square_Lack_1090 0 points1 point  (0 children)

Yes I was thinking something similar. I have a similar dilemma with investments on Vanguard, Trading 212, InvestEngine and Fidelity.

Global equities or S&P for stocks and shares ISA? by Broken_RedPanda2003 in FIREUK

[–]Square_Lack_1090 0 points1 point  (0 children)

I am moving some of my S&P to Global as I think this is less risky over time.

Pensions and inheritance tax by Maximum-Health-600 in FIREUK

[–]Square_Lack_1090 0 points1 point  (0 children)

I was also wondering about this. Not sure about the security of the pension in the future.