Subject: Re: Pension advice - buying additional years
From: "Andy Pandy"
Date: Sat, 21 Jul 2007 11:26:52 +0100
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Newsgroups: uk.finance
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"andyl" wrote in message
news:1184946925.400506.209760@g4g2000hsf.googlegroups.com...
> As an example if I pay £7.2k this year (i.e. £12k off gross salary)
> I'll get £670 pa additional pension at age 65 (I'm 52 now).
> Doesn't seem a great deal. The one key bit of information missing is
> when am I going to die. If only I knew......
The other is what your final salary is going to be. It's probably not
such a good deal if you only expect you salary to rise in line with
inflation, but it could be a good deal if you think you'll get a
couple of promotions before you retire!
--
Andy
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