The Pension Confident Podcast

← The Pension Confident Podcast5 okt · 21 min

BONUS EPISODE: Should you overpay your mortgage or top up your pension?

BONUS EPISODE: Should you overpay your mortgage or top up your pension?5 okt21 min

If you had some spare cash each month, where would you spend it? Overpaying your mortgage or giving your pension savings a boost? Join our host, Philippa Lamb, and Maike Currie, VP Personal Finance at PensionBee, as they discuss the benefits and considerations of making extra payments on your mortgage vs. topping up your pension pot.

Episode breakdown 00:38 Inflation, interest and mortgage rates

05:59 Pensions and tax relief

12:00 Getting the order of priority right

14:23 So what should you actually do?

Further reading, listening, and watching To learn more about saving for children, check out these articles, podcasts and videos from PensionBee:

Episode transcript (Blog) Should you pay more into your mortgage or your pension? (Blog) What to do when interest rates rise (Blog) How does inflation affect pensions? (Blog) Why the Middle East conflict has affected markets, and what it could mean for your investments (Blog) Pensions and tax: the ultimate guide (Article) Self-Assessment: what you need to know (Video) The £100k tax trap: how it works, and what you can do to avoid it (Blog) ISAs vs. mortgage overpayments (Article) How much should I have in my pension? (Blog) Should I take a lump sum from my pension? (Article) Episode 26: Are you ready for your 100-year life? (Podcast) Pension age (Article) Six ways to put together your emergency fund (Blog) What is a workplace pension? (Article) How to combine and consolidate your pensions (Article) What is compounding? (Article)

Other useful resources Interest rates and Bank Rate (Bank of England) Inflation Calculator (PensionBee) Pension Tax Relief Calculator (PensionBee) Mortgage and homes (MoneySaving Expert) State Pension Age Calculator (PensionBee) Check your State Pension Forecast (GOV.UK)

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