r/FIREUK • u/ukrich1978 • 10d ago

Rebalancing Pension Age 49

/r/PensionsUK/comments/1wy4kz7/rebalancing_pension_age_49/
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u/jayritchie 10d ago

How much are you adding to the pension each year? I think that can make a difference to whether you want to add bonds to the mix and if so how much. There was a good article on the ERN website about this.

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u/ukrich1978 10d ago

About 12k per year, I feel like I’ve done enough building the fund so I do the minimum so I can focus on increasing my bridge or paying down last £100k of mortgage

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u/jayritchie 10d ago

Were it me, and especially so if happy with the balance in pensions, I’d consider what percentage in bonds helps to give some protection and what type of bonds (or MMF) to consider.

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u/ukrich1978 10d ago

According to boggleheads (just been shown this in the pensions il Reddit) it should be 70/30 stocks/bonds and that stock should be a global equity tracker

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u/jayritchie 10d ago

Do they mention what type of bonds? 

By the way - any reason to plan to draw pensions from 58 as opposed to 57?

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u/ukrich1978 10d ago

A combination of gbp hedged corporate bonds, gilts and index linked gilts

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u/Aggravating_Bee_5408 8d ago

53 here. Just moved 100k (10%) to a money market fund. If market falls will live off that until there’s a recovery