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Written on: 10.11.2009 [16:13]
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Owen
Owen
Topic creator
Posts: 4
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My private pension that I have been saving towards since I was 25 is quite substantial and I will not retire at 65 so I am thinking to get a state pension opt-out. If so will I be entitled to claim all my NI contributions back for the past 39 years seeing as that’s what they say we pay NI for? If it is possible how do I go about doing it? How do I know it will be enough? Will it be worth it or should I just take the pension?
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Written on: 04.12.2009 [11:27]
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Jackson
Jackson
Posts: 4
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Unfortunately that is not what it means. It means whether you want a mortgage where you will effectively own the property afterwards (repayment) or just pay off the interest and then have to pay the amount of the mortgage left at the end of the term. The most common is the repayment mortgage as you want to pay towards your house at the same time as paying off the interest.
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