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110 as a manager?! What firm pls
Does EYP pay below market rate for T2 then?
Debts inc. Student loans. Then Pension (get to total £1m by retirement, you can take 25% tax-free at 55), then max LISA, Lifetime Stocks & Shares ISA.
Once you’ve done these, it’s time to consider larger investments
Only valid for Plan 1 U.K. student loans. Plan 2 should pay as they can, to avoid RPI+ repayments and compounding debt interest
Or opioid fines, which can be in the billions
I moved from B4 to boutique with £85k base and thought I was a god 🤣🤣🤣
No harm in getting a few premium bonds as well in your mix - the ‘winnings’ are tax free.
If you need a new bike - salary sacrifice through cycle to work scheme.
There is an annual pension max contribution to be aware of (I think £40k/yr last time I checked)
Salary sacrifice pension
How many YOE out of interest?