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Stock impact report

‘I doubled my pension to £745,000 after being sacked – can I retire at 60?' [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
of your portfolio, your age and what your investing goals are. Full names will not be published. Dear Victoria, I'm 50 years old and have various pensions worth approximately £650,000 – I have £416,000 in a Hargreaves Lansdown self-invested personal pension (Sipp) , £150,000 in a British Airways “AVC” fund and £30,000 in an Aviva Sipp. I have an additional £50,000 built up in a local government scheme run by Prudential. I plan to retire at 60 years old and I'm hoping to be on a pension of £50,000 per year plus full state pension on top. Is this realistic and achievable on my current pensions and taking into account inflation and future growth rates? I worked for British Airways (BA) for 20 years, lost my job during Covid and transferred out my final salary pension at a value of £357,000, as I was confident I could grow the value and Covid created a once-in-a-lifetime opportunity to get into stocks at a lower value. My BA pension was forecast to pay around £15,000 a year at Show less Read more
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