Non-motoring > Endowment cash Miscellaneous
Thread Author: Rudedog Replies: 18
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New Mon 16 Aug 21 10:00 
 Endowment cash - Terry
Endowment or repayment is an easy decision to make in hindsight.

Timing is the key - if the policy matures whilst the market is high there will probably be an excess. If less fortunate one could be looking at a substantial shortfall at a time when retirement is starting to appear on the horizon.

Personally I went for repayment - I was simply risk averse. Inflation effectively took care of the mortgage by the time I was 50. Over 25 years we went from a 90% loan to value to ~15%. When we moved 15 years ago the small mortgage outstanding was simply repaid from savings.
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 Endowment cash new Rudedog 15 Aug 21 22:28
 Endowment cash new Zero 15 Aug 21 23:00
 Endowment cash new martin aston 16 Aug 21 05:33
 Endowment cash new Rudedog 16 Aug 21 07:32
 Endowment cash new Zero 16 Aug 21 08:51
 Endowment cash new martin aston 16 Aug 21 09:30
 Endowment cash new Bromptonaut 16 Aug 21 09:31
 Endowment cash new Terry 16 Aug 21 10:00
 Endowment cash new Falkirk Bairn 16 Aug 21 10:10
 Endowment cash new legacylad 16 Aug 21 10:33
 Endowment cash new R.P. 16 Aug 21 10:51
 Endowment cash new zippy 16 Aug 21 10:55
 Endowment cash new sooty123 16 Aug 21 11:03
 Endowment cash new zippy 16 Aug 21 11:13
 Endowment cash new Dog 16 Aug 21 11:50
 Endowment cash new sherlock47 16 Aug 21 11:37
 Endowment cash new martin aston 16 Aug 21 11:56
 Endowment cash new Rudedog 16 Aug 21 12:59
 Endowment cash new Zero 16 Aug 21 13:02
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