@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.
@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....
@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
@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.
@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.
@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.
@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
@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.
@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
@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