Catching up late

Nadia is fifty two, divorced and mortgage free, on £150,000 after twenty years of earning far less, with £120,000 in her pension and fifteen working years left.

She sacrifices forty five per cent of her pay into it, and what finally stops her is the yearly allowance rather than the money.

The allowance charge is settled from her own cash here, because paying it out of the pot is not modelled.

Appreciating Asset Earned Income Tax Efficient Retirement Planning

Employment

Expenses

ISA

Savings Account

Nadia, fifty two to ninety

3 Goals

Forty five per cent of the pay into the pension for fifteen years, three banked years of allowance to spend, and a charge every April once they run out.

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