I am finalising my plans to retire,and a trawl through "search" has given me great help.If I have thought it out properly, I hope to be secure by doing the following:
1. Claim my NHS pension from age 55 £30000 lump sum and 10000 p.a.(uk inflation protected)
2. Sell my house in UK. - £100,000 equity
3. Trade up my flat in Calis, value £35000.
Broadly the plan is to buy a house (approx £80,000)and split the remaining cash 3 ways. Property 30,000,Turkish bank 30,000,UK bank 25,000. If you are out there Stoop, Dipps or other expert, can you tell me if this is sound for someone who does not like risk taking,or am I mad? Thanks in anticipation