Alexmartin
Registered User
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I have a friend who has an investment property worth €100k (slightly more, but lets choose round figures.)
He also has €200k in his private pension fund.
He is 58 and wants to retire at 60.
Is he better off selling the property and buying €300k worth of an annuity or would he be better off keeping it and getting rent of €850 pm that he is getting now.
Or alternatively if he retires at 65 does that change anything if those amounts remain the same?
What kind of annuity would you get at 60 for €100k?
He also has €200k in his private pension fund.
He is 58 and wants to retire at 60.
Is he better off selling the property and buying €300k worth of an annuity or would he be better off keeping it and getting rent of €850 pm that he is getting now.
Or alternatively if he retires at 65 does that change anything if those amounts remain the same?
What kind of annuity would you get at 60 for €100k?