Non-motoring > State pension top-up Miscellaneous
Thread Author: martin aston Replies: 47
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New Tue 6 Oct 20 11:05 
 State pension top-up - legacylad
I reach State pension age next July. Free bus pass at last!
An extra £7500 pa to fritter away. I’ve planned it so that my tiny private pension ( draw down) is fully spent by the time I’m 70. I’ll draw down just enough, so that when added to the state pension, I ‘earn’ just enough so that I pay no income tax.
I’m planning on downsizing and releasing a chunk of equity anyway, which in turn will be tax free as it’s my primary residence.
* the reason I have such a small amount remaining in my private pension is because I took out the max tax free amount at the earliest opportunity, think I was in my mid 50s, and have been drawing it down ever since I gave up a proper job several years ago.
Probably not the most sensible thing from a financial perspective, but suits my lifestyle.
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 State pension top-up new martin aston 6 Oct 20 09:42
 State pension top-up new Zero 6 Oct 20 09:59
 State pension top-up new Crankcase 6 Oct 20 10:25
 State pension top-up new Bromptonaut 6 Oct 20 12:00
 State pension top-up new Falkirk Bairn 6 Oct 20 10:26
 State pension top-up new Bromptonaut 6 Oct 20 10:55
 State pension top-up new martin aston 6 Oct 20 10:29
 State pension top-up new Zero 6 Oct 20 10:47
 State pension top-up new Bromptonaut 6 Oct 20 11:00
 State pension top-up new legacylad 6 Oct 20 11:05
 State pension top-up new CGNorwich 6 Oct 20 11:14
 State pension top-up new Bromptonaut 6 Oct 20 15:30
 State pension top-up new Lygonos 6 Oct 20 20:49
 State pension top-up new tyrednemotional 6 Oct 20 22:04
 State pension top-up new Zero 6 Oct 20 22:38
 State pension top-up new smokie 7 Oct 20 00:03
 State pension top-up new martin aston 7 Oct 20 06:41
 State pension top-up new smokie 7 Oct 20 08:35
 State pension top-up new tyrednemotional 7 Oct 20 08:50
 State pension top-up new martin aston 7 Oct 20 09:55
 State pension top-up new tyrednemotional 7 Oct 20 10:03
 State pension top-up new PeterS 7 Oct 20 10:17
  
 State pension top-up new Runfer D'Hills 7 Oct 20 10:40
 State pension top-up new martin aston 7 Oct 20 10:43
 State pension top-up new martin aston 7 Oct 20 10:40
 State pension top-up new PeterS 7 Oct 20 10:55
 State pension top-up new Falkirk Bairn 7 Oct 20 11:23
 State pension top-up new PeterS 7 Oct 20 11:48
 State pension top-up new Terry 7 Oct 20 12:35
  
 State pension top-up new Manatee 7 Oct 20 14:27
  
 State pension top-up new martin aston 7 Oct 20 14:52
 State pension top-up new Manatee 7 Oct 20 14:57
 State pension top-up new smokie 7 Oct 20 15:42
 State pension top-up new Runfer D'Hills 7 Oct 20 15:59
 State pension top-up new Manatee 7 Oct 20 16:27
 State pension top-up new Crankcase 7 Oct 20 16:56
 State pension top-up new martin aston 7 Oct 20 17:16
 State pension top-up new smokie 7 Oct 20 18:12
  
 State pension top-up new sooty123 7 Oct 20 11:29
  pension top-up new zippy 12 Oct 20 11:50
  pension top-up new PeterS 12 Oct 20 12:03
  pension top-up new zippy 12 Oct 20 12:35
  
  pension top-up new zippy 12 Oct 20 12:47
  pension top-up new Falkirk Bairn 12 Oct 20 13:58
  pension top-up new PeterS 12 Oct 20 14:11
  pension top-up new martin aston 9 Mar 21 10:04
  pension top-up new Falkirk Bairn 9 Mar 21 12:07
  
 State pension top-up new PeterS 9 Mar 21 17:52
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