The thing is though that your fund would still be getting investment returns after retirement. If you're taking 4% per year (24k) and it's getting a 5% investment return it'll be worth more than €600k when you die. Good for the kids though I suppose.
The thing is though that your fund would still be getting investment returns after retirement. If you're taking 4% per year (24k) and it's getting a 5% investment return it'll be worth more than €600k when you die. Good for the kids though I suppose.
Yeah, that's kind of the way I think, do you need a big pension pot if you've no dependants or not planning on leaving it to someone
My plan is to have fairly well depleted my funds by 80, that's if I live that long and all that will be left of value is the house
which I suppose one of my nieces on my wife's side will get
Yeah, that's kind of the way I think, do you need a big pension pot if you've no dependants or not planning on leaving it to someone
My plan is to have fairly well depleted my funds by 80, that's if I live that long and all that will be left of value is the house
which I suppose one of my nieces on my wife's side will get
Agree with you here GG for the most part as in I don't agree with the idea of offloading your assets so as to avoid the cost
If you cant afford a nursing home, fair enough the state has a mechanism to help with this
But if you can, pay the bill and don't be expecting other people to