Mortgage paid off... now what?

[lukemg]

Is no-one here in equities for the future ?? What is providing for the potential 30+ years after you retire ?
Clearing the mortgage is a fine start, that should free-up cash to invest, get it working !

[MarillionFan]

Is no-one here in equities for the future ?? What is providing for the potential 30+ years after you retire ?
Clearing the mortgage is a fine start, that should free-up cash to invest, get it working !

I use interest / dividends from equities & investments to pay into ISAs. Sort of a passive pension pot.

I also pay into a pension

Plus I have a percentage in bonds & some in equities.

Fully balanced portfolio.

[DimPrawn]

I use interest / dividends from equities & investments to pay into ISAs. Sort of a passive pension pot.

I also pay into a pension

Plus I have a percentage in bonds & some in equities.

Fully balanced portfolio.

If you ain't got Gold you are probably in for a shock in the next few years.

[ChimpMaster]

If you ain't got Gold you are probably in for a shock in the next few years.

Silver, not gold, is purported to be the one to be in now.

[MarillionFan]

Silver, not gold, is purported to be the one to be in now.

I've got silver. So much bloody silver jewellery I could open a shop! Oh!

[ChimpMaster]

Is no-one here in equities for the future ?? What is providing for the potential 30+ years after you retire ?
Clearing the mortgage is a fine start, that should free-up cash to invest, get it working !

I'm into China funds for the long term. I've lost a lot on UK stocks (as mentioned in another thread of mine) so I'm out for the moment. I'll await the next sale and buy in then.

I don't have a pension, I just never see the point of them.

[MarillionFan]

I'm into China funds for the long term. I've lost a lot on UK stocks (as mentioned in another thread of mine) so I'm out for the moment. I'll await the next sale and buy in then.

I don't have a pension, I just never see the point of them.

From a tax perspective they can be a good way to save for the longterm.

[DimPrawn]

From a tax perspective they can be a good way to save for the longterm.

I just don't trust the rules changing or the next Labour govt (lets face it, the next govt will be Red Ed), doing a raid on middle income pension pots (thinks of Brown skimming billions off) in the name of "fairness".

http://www.thisismoney.co.uk/pension...5&in_page_id=6

All very well thinking of the tax you might be saving, but if some leftie knuts nick it, or raise the age you can get the money to 70, you've basically wasted all your money.

An employee pension where the employer gives you free money or a final salary scheme is a differenct matter.

[MarillionFan]

I just don't trust the rules changing or the next Labour govt (lets face it, the next govt will be Red Ed), doing a raid on middle income pension pots (thinks of Brown skimming billions off) in the name of "fairness".

All very well thinking of the tax you might be saving, but if some leftie knuts nick it, or raise the age you can get the money to 70, you've basically wasted all your money.

An employee pension where the employer gives you free money or a final salary scheme is a differenct matter.

Well that's been the basis of the money in it(ie. employee pension) which was +15%

Now back contracting paying in via the Ltd. Personally I prefer cash or assets that return income(such as physical commercial property)

The question is? How much do you want to be bringing in as pension/passive income when you retire?

30k/40k/50k/100K???

[DimPrawn]

Well that's been the basis of the money in it(ie. employee pension) which was +15%

Now back contracting paying in via the Ltd. Personally I prefer cash or assets that return income(such as physical commercial property)

The question is? How much do you want to be bringing in as pension/passive income when you retire?

30k/40k/50k/100K???

Yeah, £100K a month sounds about reasonable aim (taking inflation into account).