Age: 52
Spouse’s/Partner's age: 50
Annual gross income from employment or profession: 0 unemployed
Annual gross income of spouse: 48k
Monthly take-home pay 3300 per month
Type of employment: private sector
In general are you:
(a) spending more than you earn, or
(b) saving?
spending >income 1000 per month since lost job
Rough estimate of value of home 500k
Amount outstanding on your mortgage: 0
What interest rate are you paying? n/a
Other borrowings – car loans/personal loans etc none
Do you pay off your full credit card balance each month? yes
If not, what is the balance on your credit card?
Savings and investments:900k savings certs bank deposits
Do you have a pension scheme? yes ( previous jobs)
DC and prsas total 650k (not accessed yet)
DB @ 65 20k per annum
Do you own any investment or other property? no
Ages of children: 10
Life insurance: none
What specific question do you have or what issues are of concern to you?
Have i enough to assets to stop worrying about money
even if expenditure - income = 1000 per month?
(expenditure = 4300 per month - detailed budget done allowing for everything)
I think so provided wife keeps her job but welcome views
Spouse’s/Partner's age: 50
Annual gross income from employment or profession: 0 unemployed
Annual gross income of spouse: 48k
Monthly take-home pay 3300 per month
Type of employment: private sector
In general are you:
(a) spending more than you earn, or
(b) saving?
spending >income 1000 per month since lost job
Rough estimate of value of home 500k
Amount outstanding on your mortgage: 0
What interest rate are you paying? n/a
Other borrowings – car loans/personal loans etc none
Do you pay off your full credit card balance each month? yes
If not, what is the balance on your credit card?
Savings and investments:900k savings certs bank deposits
Do you have a pension scheme? yes ( previous jobs)
DC and prsas total 650k (not accessed yet)
DB @ 65 20k per annum
Do you own any investment or other property? no
Ages of children: 10
Life insurance: none
What specific question do you have or what issues are of concern to you?
Have i enough to assets to stop worrying about money
even if expenditure - income = 1000 per month?
(expenditure = 4300 per month - detailed budget done allowing for everything)
I think so provided wife keeps her job but welcome views