This is my friends financial position. What do you make of it? She is 54. I think she’s doing ok but she sometimes makes out she could have done better (divorce definitely impacted her financially).
House value (house in her name only) : £300k
Mortgage : £28k
Savings : £25k
Pension : she can take this later in the year and would yield £70k lump sum and £800pm (but she is going to wait so it increases).
Joint income with her DH : £5500 pm
Outgoings : £2500 pm
If she inherits (never a given ) she will get about £65k
If her husband inherits , he will get circa £1 million. But as DH dad is very young and fit for his age , her DH could be in his 70’s before he inherits.