Up the AVCS?

David_Dublin

Registered User
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809
Hi. Planning a refurb, will need to borrow up to 100k in a year or so to fund the end of the job, assuming we end up going for it. I'm 47, i have a buy out bound that I could access 200k from in 3 years.

Had been planning to save up to 2k per month in the coming year to fund some of the refurbishment, so reduce what I need to borrow.

Now I'm wondering should I just pump this into AVCs, and acess that money effectively tax free via the 25% at 50 years old. Is it a no brainer, or am I missing something?
 
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