Money Lesson Couple

Both at once, or one at a time?

You have always assumed you would finish together, and the date is nearly fixed. Before it is, look at what the last three years of one salary are actually worth to the household, because it is a great deal more than three years of pay.

Employment ISA Savings Account Property Expenses

One at a time

2 Goals

She stops at 63 as planned and he carries on to 66, and then they are both retired.

Try this plan

Employment ISA Savings Account Property Expenses

Both at once

2 Goals

They both stop at 63 and live off the pots until the State Pensions arrive.

Try this plan

One at a time Both at once

Three more years at one job completes his National Insurance record and leaves the household ~£466.6k better off in today's money.