Originally posted by zeitghost
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Pensions vs standard saving accounts.
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I'll think about it.Originally posted by zeitghost£25M and change.
One careful owner...
Never raced or rallied.
That boy go raaaaaaa
Copyright (C) BabyBear1 - with thanks to VF for hostingComment
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OK , after age of 55 , or whenever u retire , can you withdraw all accumulated pension in one time as a lump sum ? I.E Get it all having saved taxes but accumulated interest ?Comment
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Oh FFS.Originally posted by Likely View PostOK , after age of 55 , or whenever u retire , can you withdraw all accumulated pension in one time as a lump sum ? I.E Get it all having saved taxes but accumulated interest ?
Yes of course you can. You can spend it all on Drugs and Whores, then go cap in hand to the government to support you for the rest of your life.
Whaddya think?Comment
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If you can get it one day as a lump sum without paying taxes, then pensions are suddenly attractive option for saving long-term. I've always thought pensions are for losers..Originally posted by Churchill View PostOh FFS.
Yes of course you can. You can spend it all on Drugs and Whores, then go cap in hand to the government to support you for the rest of your life.
Whaddya think?Comment
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You don't know squat about them but you "think" they're for losers? What makes you feel that?Originally posted by Likely View PostIf you can get it one day as a lump sum without paying taxes, then pensions are suddenly attractive option for saving long-term. I've always thought pensions are for losers..Comment
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Can you imagine what would happen if "Likely" and "Lucy" bred?

Would their offspring be called "Loosely"?Comment
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Because I've always thought all pensions are annuities. Thus you may save 20 years but then you can't be certain how long you are going to live , thus you might have saved more than you will be able to enjoy.Originally posted by expat View PostYou don't know squat about them but you "think" they're for losers? What makes you feel that?Comment
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It will be called Luvly.Originally posted by Churchill View PostCan you imagine what would happen if "Likely" and "Lucy" bred?

Would their offspring be called "Loosely"?Comment
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