Pensions

pennyandsteve replied on 02/03/2016 14:38

Posted on 02/03/2016 14:38

Well,

As I approach 65 in October I have been having a look at my pension pot and I feel reasonably content with its performance given the uncertainties especially over the last twelve months.

My private pot is within 3% of the figure last summer despite an larger drop in the ftse.

 I do not plan to touch it just yet and both of us  will continue to work part time so no accusations of spending the pot on a caravan/ motorhome etc can be levelled at me just yetInnocent

it is an age that has come up on me pretty fast  All of a sudden but I welcome the positive changes that we have planned which certainly include more caravan breaks...

When I read of the adventures some on this forum it really does beckon well I believe.

anyone else at a similar stage to us?

Steve

Metheven replied on 02/03/2016 14:54

Posted on 02/03/2016 14:54

Well similar age but not stage, we took early retirement 3 years ago because our pension pots were in very good health. Now enjoying the freedom it brings with no financial restraints, only wish I decided on this earlier as I don't miss working at all.

Looking forward to 9 weeks across the water in May, again Happy

I really hope you enjoy your time in partial retirement Smile

Natasha2 replied on 02/03/2016 15:32

Posted on 02/03/2016 15:32

Why would you carry on working if you can afford not too.  We retired at 60 and are lucky to be able to live comfortably on a private pension. 

Other half worried about not working but now his days are full of activities ......sailing, bowling, badminton, table tennis, tennis.  Oh and we holiday home and away.  

My father died when he was 62, he had just retired and my parents were looking forward to a long retirement.  You just never know do you.  

 

Oneputt replied on 02/03/2016 15:48

Posted on 02/03/2016 15:48

I retired 4 years ago and Mrs One shortly after I have to admit it took a few months to settle down.  I very nearly convinced myself to return to work but really happy I persevered with retirement.  Although we still only holiday during school holidays due to other commitments we manage about 100 nights a year in the van.

pennyandsteve replied on 02/03/2016 16:50

Posted on 02/03/2016 16:50

Good to hear that retirement suits you all and thanks for the confirmations !

my dad took early retirement and did not seem to embrace it so i am a little cautious.

I guess timing is the key to a long and happy retirement and we are all different although I suspect few will miss workHappy

As Penny is a few years younger than me we plan to work 2/3 days a week for a little while to ease us into retirement snd see how that goes...

Probsbly would downsize the house when we fully retire too.

pennyandsteve replied on 02/03/2016 16:52

Posted on 02/03/2016 16:52

I retired 4 years ago and Mrs One shortly after I have to admit it took a few months to settle down.  I very nearly convinced myself to return to work but really happy I persevered with retirement.  Although we still only holiday during school holidays due to other commitments we manage about 100 nights a year in the van.

Wow 100 nights away!

good for you OneputtTongue Out

Nuggy replied on 02/03/2016 17:01

Posted on 02/03/2016 17:01

The freedom of not having to go to work was wonderful. The responsibilities of children reduced but elderly parents in difficulty due to illness and or dementia became very time consuming and it was a good job we did retire.

Good Luck in your retirement.

bassett1 replied on 02/03/2016 17:04

Posted on 02/03/2016 17:04

well i am glad you are all enjoying your retirement i am 4years past retirement age and still trucking on and can not see me retireing yet as i enjoy travelling all over uk guess thats why i bought a caravan 10 years ago to carry on traveling i do try  to get away in the van as much as i can so i wish you happy retirement and plenty of van and mh hols bassett.

volvoman9 replied on 02/03/2016 19:25

Posted on 02/03/2016 19:25

I will reach the age of 65 this Sunday but i have been on a very good ( final salary) company pension since i finished work on ill health in 1999.From Sunday i will also recieve my state pension Happy but my company pension will be taxed accordingly Sad which is rather annoying but thats how it is.The O/H is still in full employment Happy

peter.

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