02 Jul 2015

A question about : Retiring soon

Sorry, posted in wrong thread

Best answers:

  • Ј50 per month is Ј600 per year.
    Can you achieve more than Ј600 per year from Ј36k? That's a 1.6% return. On the face of it very easy to do. Ј1440 (4%) would be possible using an equity income fund and you then have access to the capital and potential capital growth.
    What other savings or investments do you have?
  • Thank you! Have moved this now to the Pensions Thread, however:-
    Just invested in a NS&I 65+ of Ј10K, which I created from two Ј5K cash ISAs. Also have Ј10K in Premium Bonds.
Category: 
Savings & Investments
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