Curious Jorge
Registered User
- Messages
- 3
Hi,
Working in the public service, I will retire with 30 years service if I get to 65.
I've a large private pension which I have done nothing about for years.
It now has 97k in it and I need to decide what do with it.
As I'm now 50 I can take 25% out and put the rest into a bond which is currently very tempting, especially given about 8 years of lower take home pay.
Or I can transfer it into my public service pot and get an extra 7 years service.
Basically need to get advice on this from somewhere but not sure where to turn.
Any help appreciated.
Working in the public service, I will retire with 30 years service if I get to 65.
I've a large private pension which I have done nothing about for years.
It now has 97k in it and I need to decide what do with it.
As I'm now 50 I can take 25% out and put the rest into a bond which is currently very tempting, especially given about 8 years of lower take home pay.
Or I can transfer it into my public service pot and get an extra 7 years service.
Basically need to get advice on this from somewhere but not sure where to turn.
Any help appreciated.