I seem to be in a similar situation to you. I didn't start paying the pension early so I pension will be minimal. I have about 15 million left in mortgage payments and we invest some money in something similar to IDECO which means we can avoid paying tax on the income until we start to draw on it. At that time my income will probably be lower so tax will probably be lower.
I seem to be in a similar situation to you. I didn't start paying the pension early so I pension will be minimal. I have about 15 million left in mortgage payments and we invest some money in something similar to IDECO which means we can avoid paying tax on the income until we start to draw on it. At that time my income will probably be lower so tax will probably be lower.
Sounds good. It’s of course a balance between your needs now and projected needs in the future.