What to invest in?
Discussion
pchmlk said:
You know nothing of their pension situation - they might have huge FSPs that provide a very nice lifestyle and want to 'punt' the £25k to make a bit more.
I agree 25% returns aren't realistic, of course they're not, but it doesn't mean the couple need to carry on working - we know nothing about their finances.
We know what we are told and the answer to the question is work. Not investment, trading or gambling. I agree 25% returns aren't realistic, of course they're not, but it doesn't mean the couple need to carry on working - we know nothing about their finances.
If they want the £300/400 a month then they need to work not invest. This isn't a difficult concept.
If they have enough investment income elsewhere that is not detailed in the thread then they don't need the additional £300/400 a month so don't need to work.
Hainey said:
Sounds like neighbors of my sister. They are a lovely couple but completely in fantasy land with their retirement plan, which seems to be stop work next year when she turns 55 (him the year after) and take all the money out the pension in one hit to place it in a savings account they will then live off for the rest of their lives. Sadly their pensions savings appear to be about tuppence hapenny.
Sound a great plan. I've got £3.50 so should be sorted 
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