Cash in Pension & Invest In Property

[pilates]

Would it be a bad idea? It has five years left and worth about £85,000.

I'm no expert but I'd suggest that this is probably the worst time to be considering it. We have no idea what is going to happen to property prices in the next year or two.

if it is is a final salary one you are insane.

if it is a stock market fund then you are almost insane. The market has crashed but property prices haven't. And what are you going to buy with £85k?

Private pension. To put towards a better property not to buy outright

No 85k isn’t enough to make any sort of dent on any property worth having.

If it was a larger amount it might be worth considering - but it isn’t.

How do you plan to cash it in? If you're over 55 you can take 25% tax free but you'll pay tax on the rest. So depending on your other earnings over the year you could lose 40% of 64k ish.
Agree with pp, ride it out and see what happens.

Thank you

Terrible idea cashing in a liquid asset for an illiquid one

I’m holding my nerve on my investments. Was £100k. Fluctuating around £93k at the moment.