Hoping to retire in 10 years.
Have 150k that I could put away into savings but I am thinking is it better to contribute more by avc each year for the next 10 years.
E.g 150k now into 10 year solidarity bond and I would get approx 47% on top.
Does putting more into avc make much better sense.
Any easy way to work this out.
Also if I stick in more to my limit each year by avc and getting all the tax relief while it lasts - is this a clear winner even bearing in mind the tax on exit once starting pension drawdown. Thanks
Have 150k that I could put away into savings but I am thinking is it better to contribute more by avc each year for the next 10 years.
E.g 150k now into 10 year solidarity bond and I would get approx 47% on top.
Does putting more into avc make much better sense.
Any easy way to work this out.
Also if I stick in more to my limit each year by avc and getting all the tax relief while it lasts - is this a clear winner even bearing in mind the tax on exit once starting pension drawdown. Thanks