The Retirement Thread
1 lurker |
174 watchers
May 2022
8:00am, 7 May 2022
1,389 posts
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arbster
My DC pension pot has now lost £18k since the start of the year - £20k if you include the contributions I've made to it in that time. Still within my margins for retiring at the end of the year, but I am looking at possible ways to avoid digging into it too much early on, to give it time to recover. |
May 2022
11:37am, 7 May 2022
29,888 posts
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macca 53
[I am so glad that my pension income comes from a DB scheme😅]
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May 2022
11:51am, 7 May 2022
22,608 posts
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Bazoaxe
arbster I think it’s much simpler for me as I don’t plan TFC etc and so it’s 20x DB plus DC and on those calcs I have loads of room for growth and more contributions. Anyway, key thing is for the current office politics to sort themselves out and see what happens. Right now though given what’s happening it’s pretty difficult for me to perform my role. I can see a scenario where they decide it’s not required and quite frankly at 36 years service and almost 55 that would be a good outcome. However I can see what going on around me with others and a position may be engineered where I end up in a different role not of my choosing. Just need to keep plodding away. |
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May 2022
11:56am, 7 May 2022
1,390 posts
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arbster
[I am so glad that my pension income comes from a DB scheme😅] Plus, DB pensions are a luxury not afforded to most who'll retire after the next 15 years or so. And I worry that publicly funded DB pensions will come under increasing pressure in coming years. |
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May 2022
12:01pm, 7 May 2022
1,391 posts
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arbster
I think it’s much simpler for me as I don’t plan TFC etc and so it’s 20x DB plus DC and on those calcs I have loads of room for growth and more contributions. However I can see what going on around me with others and a position may be engineered where I end up in a different role not of my choosing. Just need to keep plodding away. |
May 2022
8:09pm, 8 May 2022
135,106 posts
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GregP
So Dennis Waterman has rolled a six at age 74. Looking at my spreadsheets I’ll be *very* cross if that happens to me. Very cross. |
May 2022
8:10pm, 8 May 2022
10,212 posts
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cathrobinson
That does seem pretty young, doesn’t it..?
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May 2022
8:18pm, 8 May 2022
57,907 posts
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Velociraptor
I'm also not counting on popping off at 74, although I'm simultaneously thinking, "If I run out of money and starve to death I'll have had a decent innings."
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May 2022
8:19pm, 8 May 2022
51,330 posts
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McGoohan
I thought he was older than that
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May 2022
8:34pm, 8 May 2022
21,448 posts
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Ness
Definitely hoping for a few more years than that! And I think Mr Ness would say the same too! 
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McGoohan Useful Links
FE accepts no responsibility for external links. Or anything, really.- Money Helper
- How Much is Enough to Retire On?
- Retirement Living Standards
- How much will you need to retire?
- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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