Reply to: How will you prepare for pension poverty?

[Mich the Tester]

Plenty of blackberries.

And partridges. Yumyumyum.

[Mich the Tester]

But its a good hedge.

Another advantage of farmland.

[BrilloPad]

Crap return.

ISAs, High yield bonds, Rental Income, little capital gains growth and decent divvy paid shares wrapped up in a SIPP.

But its a good hedge. What with Nibiru coming up.

[Mich the Tester]

Get orff moi laaaand.

And don't step on moy laand whoile you're at it.

[Ignis Fatuus]

Crap return.

ISAs, High yield bonds, Rental Income, little capital gains growth and decent divvy paid shares wrapped up in a SIPP.

Not an option for people not resident in the UK. Also, what is tax-free in the UK may not be elsewhere. "Tax-free" just means that Hector agrees not to tax it. He can't speak for any other taxperson.

Example: you are in the UK and you have money in a SIPP and money in ISAs. No tax on interest/dividend/earnings in either. Then you get a contract in Holland. You are liable for Dutch tax on Dutch income from Day 1. But from Day 183, you are liable for Dutch tax on all worldwide income. That includes your SIPP and ISAs. They are not tax-free vehicles in NL.

[Mich the Tester]

Unless you are going to farm the land then it's a waste of time. Funnily enough some friends of ours have done that. They've got 12 acres and pay someone to sow it, someone else to maintain and someone else to reap. But they're both from farming families originally so know what theyre doing.

[MarillionFan]

Farmland; food, rent, more food and chav avoidance areas.

Unless you are going to farm the land then it's a waste of time. Funnily enough some friends of ours have done that. They've got 12 acres and pay someone to sow it, someone else to maintain and someone else to reap. But they're both from farming families originally so know what theyre doing.

[Mich the Tester]

Farmland.

Crap return.

ISAs, High yield bonds, Rental Income, little capital gains growth and decent divvy paid shares wrapped up in a SIPP.

Farmland; food, rent, more food and chav avoidance areas.

[MarillionFan]

Farmland.

Crap return.

ISAs, High yield bonds, Rental Income, little capital gains growth and decent divvy paid shares wrapped up in a SIPP.

[Mich the Tester]

Farmland.

[yasockie]

Immigration, money printing, draconian planning laws.

Of all the bad options it seems like the most reasonable one - worst case you can always live in it.
That and rare metals, gold may or may not be good enough that's why I'd recommend diversifying the portfolio.
Also land growing food, if you're prepared to protect should things go sour...

[lukemg]

HYP SIPP

[DimPrawn]

Rental income here as well. Everything is about demographics.

Immigration, money printing, draconian planning laws.

[Peoplesoft bloke]

Record male survival on both sides of my family is 76 so not much pension needed - that's my plan.

[Mich the Tester]

Vote for governments that borrow tuliploads of money they can never repay, cut any kind of provision to young people and give all the pseudo-money to me in the form of the divine right to a pension at 65.

Regards

A. Babyboomer