excelonman

[excelonman @excelonman]

@StrikeForceFin @TedPillows Up 20%? Still recovering from March and last April

[excelonman @excelonman]

@DividendDrip Don't count on 10%, expect more like 8%. And the impact of the next two years of this administration will impact marked returns. Hopefully normal service will return after that.

[excelonman @excelonman]

@StocksandDares If you can target a minimum of 10% of your income to possibly 15-20% as a total contribution to work pension/employer pension/personal SIPP/ISA you are well on your way....

[excelonman @excelonman]

@CallumLyon Work Smarter not harder. Never worked overtime in my life tbh. I worked harder for promotions with pay increases

[excelonman @excelonman]

@presh_islit__ It's not an issue but they will contribute financially, a nominal amount. While they also save.

[excelonman @excelonman]

@StocksandDares Apart from accessing the money at a select age, do the calculation and you will see which is more valuable to you. You are leaving your money on the table if you don't maximise SIPP

[excelonman @excelonman]

@billkruse @FamEdTrust Literally every country does it. It's income, regardless of source. If you earned any additional income during the tax year it would be captured. It's also fair to others who actually work and have to pay taxes.

[excelonman @excelonman]

@TheRealJamieKay Nobody can define middle class so stop trying

[excelonman @excelonman]

@TonyWard867811 30yrs? What are you, new? 25 yr mortgage, accelerated bi-weekly payment, brings it down to 21yrs. Do a bigger deposit to start if possible. Do annual lump sum tips if possible. Buy a house you can afford.

[excelonman @excelonman]

@its_Lynx1 Nope.

[excelonman @excelonman]

@DeptfordWife1 It's only a tax trap if you let it. Use available tax relief on SIPPs.

[excelonman @excelonman]

@ChrisKirkland43 It's a habit. These eople don't keep their homes clean, the outside of their property clean, their car clean or their village/city clean. It's habit.

[excelonman @excelonman]

@oIIyjm @UKLabour It didn't happen in the past two years. Give your head a shake.

[excelonman @excelonman]

@Sabiha1278 Clearly not your first time doing it. I have never parked in that spot under any circumstances my entire life for any reason. Hope you learned your lesson

[excelonman @excelonman]

@BenZaranko Let's discuss downsizing. You incur the cost of stamp duty, you likely get a lump sum difference towards your retirement pot assuming you can find some smaller. Who can afford your bigger home? The issue is starter homes 2-3 bedrooms.

[excelonman @excelonman]

@wjprescott You contributed, you get paid out. However, it's means tested by taxable income so you could invariably pay 20/40/45% tax on it which is fair. You may not factor it but many do factor it and everyone's circumstances are different as far as financial planning

[excelonman @excelonman]

@AaronBastani Anyone with any smarts would take advantage of pension contributions, SIPP contributions to maximise tax relief.

[excelonman @excelonman]

@Victoria_Spratt @theipaper Sorry, it's means tested as taxable income so you could be paying 20/40/45% income tax on it. Everyone contributes NI if they are working, some way than others. Stop this dumb idea. Triple lock should end and only be adjusted to inflation