Please play nicely. No one wants to listen/read a keyboard warriors rants....
Ah, but what if they split the income into two pension pots, and then they get divorced?
</eternal pessimist>
They'll do that anyway if they get divorced. Starting point is a 50-50 split of all assets including pensions.
SWMBO has her own company so not much advantage in stacking her pension. Instead we'll use that in our 50's to make sure we don't pay any (or much) tax on income in our later middle age.
See an accountant. Tomorrow. Or sooner if possible.
Pension contributions from a company are an allowable business expense. They come off the 'profit' before any corporation tax. You can dump up to £40K of profit into her pension plan per year tax free, and carry forward the past 3 years allowance too. So she could extract up to £160K of profit from the company into her pension scheme tax free. There is no cheaper way to extract money from the company, or fund her retirement.
Final salary pension for teachers finished in April 2015. Now a career average. NPA for wifey was 60, now 67. She used to contribute 6.25% of her salary into her pension, in order to retire at 60. She now contributes 12.5% of her salary to retire at 67.
Not so 'gold plated' as it used to be.
I have periods of time where Im off work for 4 or 5 days at a time and it soon gets boring. The thought of being at home permanently, basically waiting for the grim reaper to pay a visit doesn't interest me at all.
If I was a millionaire and "young for my years", I may well see it differently, but Im neither of those things.
I'm 65 and there is no way I'd still want to be working. I'd be aiming for 60, Mark.
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Repossessions will go through the roof.
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Changing back to the thread, my mortgage is until I'm 70 and it is now common to extend beyond this.
. Above that, they want to see evidence of pension income (quite how you do that 30-35yrs our from your retirement date I do not know). 
Who decides what and how much?
Your Jag not on PCP surely
Noooo.....Jag is all mine, as has been every other car I have owned.
Mrs Opti is is smitten by by the Kia Stinger and we took a test drive in Grantham yesterday. I'm not selling the Jag so I'm considering if an additional car would be feasible on PCP.
A nominal £5000 deposit would mean payments of £563 for 36 months. GFV £17400.
I have to say it is an impressive car for the money. It comes with literally everything.
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What would be more interesting is just how well the frame and sealed units have been installed as I am yet to see what I would consider 'well fitted' ones by a window fitter.
We are on week 12 now....and there are only three in the chain (not counting our purchase which is no onward chain.) Its the first time buyer holding things up. Evidently querying this, querying that, but I was told that was sorted on Monday, but still nothing this end !!!
