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retiring

Last post Tue, May 13 2008, 4:58 PM by gizmo1. 2 replies.
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  •  Tue, May 13 2008, 10:04 AM

    retiring

    i am retiring very soon and have a lump sum of about 90000k to invest in safe accounts where i can get a monthly payment to enhance my pension - any ideas? I would like the monthly interest to go into my current account with IF

    thank you

    • Post Points: 50
  •  Tue, May 13 2008, 4:30 PM

    Re: retiring

    I'll assume you've already done ISAs.

    Set aside a sum of money for emergencies in an easy access account.

    You might also consider bonds for the remaining sum - Icesave offers 7.1% gross, 5.44% net with monthly interest.

    • Post Points: 50
  •  Tue, May 13 2008, 4:58 PM

    Re: retiring

    having a look now as i didn't think of bonds before

    thank you very much forumfan

    If i come up with any cunning plans i will put on this forum

    • Post Points: 35