Perfect Helen - that’s how I met Matt - the paper’s entitled “Time restricted Keto diet”
… … though it’s actually fasting!
Key pastime is not eating!!
Check this out Helen - it’s super interesting.
I’m not going to go > 80 days though.
Sun!
Hope is that we won’t have a pension thanks to George1’s advice … … great to be able to clear it out.
Seriously F bureaucracy will do your head in. And social charges of different types will be added, fees to various parts of bureaucracy will continue to be invented and all of the above will increase.
So your choice is relatively where will you be happy as there is no absolute. So get moving and get settled sooner if you can. Mr. T’s moves are going to impact the whole world.
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@SBcamsci Dare I ask if you’ve looked into the visa/carte de séjour (residence permit) issues from having a French wife when moving to France (as opposed to being the spouse of any other EU country’s citizen)? I’m sure you are aware but…
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Is there anybody who we can talk to about social charges? All I really want to know is what the rules are for Social charges on UK private pension drawdown and Social charges on UK private pension transfer ? So - the thing is, is that the internet isn’t consistent and I can’t find a governmental website which explicitly states what the charges are for these 2 approaches to rtaking a UK private pension.
However - I think the problem is there because people in France can’t retire early and private pensions don’t exist in France - so finding the correct search terms is challenging.
Luckily Donny won’t be in for another term and Elon Musk can’t be the next President - so sanity will return. Happy memories of Jimmy Carter!
Hey George - that’s all great (I think) … … have been studying hard to get the French accreditation for dual nationality and just thinking of getting by as a Brit until then … … all conditional on whether my level of French passes (they’ve recently upped the level required for citizenship) … … but that website you’ve found seems to suggest it’s easy-ish, if you’re married to a French wife - to obtain a residence permit?
(I think?)
“Vous ne devez pas être en situation de polygamie”
You are off your rocker.
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Maybe I’m just too simplistic. Are they any different from any other pension income stream? So just the standard according to overall amount?
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Here’s another collaborator.
“Caloric restriction (CR) without malnutrition extends lifespan in most model organisms tested”
In town!!
Part of the community here.
The problem is whether before the age of formal retirement ie 65/67 (wife + myself are 57 currently) and if retiring with a private pension - whether the private pension is considered an investment (column 3) or a pension (column 2)
… … actually that’s my only actual question.
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May have changed, but OH’s was considered pension.
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Lovely - that’s what I mentioned to George1 … … all that I really do need is to find someplace where somebody official can confirm that!
Hi @SBcamsci
I’m a bit late to this thread - I read ‘basic money tips’ and now see it’s really a revisit of the lump sum pensions threads (of which there are many). You’ve got all the basic advice including splitting your pension pots to manage the income limits. Good luck with everything.
I’ve been aware for a while of Blevins flagging a potential tax change on high incomes / lump sums so here seems just as good to post about it as anywhere. It is -
Extension to additional tax on ‘high income’
France already applies an additional charge on higher incomes – the Contribution exceptionnelle sur les hauts revenus – as follows:
- For individuals – 3% on income over €250,000 | 4% on income exceeding €500,000
- For couples – 3% on income over €500,000 | 4% on income exceeding €1,000,000
The government’s draft budget proposed a further additional charge – Contribution différentielle sur les hauts revenus – for households subject to the existing additional charge. The measure aims to ensure that high income households are subject to a minimum tax of 20%. If the effective tax rate after taking income tax and the existing additional charge into account falls below 20%, the new contribution will be payable to meet the minimum 20% liability.
While this measure targets higher earners, it will also catch those taking a large lump sum payment from their pension. If you are considering this, take personalised advice.
Under the government’s original proposals, this new charge would apply for 2024 to 2026 income. A ‘taper relief’ measure would benefit single taxpayers with taxable income below €330,000 or €660,000 for a couple.
However, since then the Assemblée Nationale voted to:
- Make the new Contribution différentielle sur les hauts revenus permanent as opposed to temporary.
- Remove some of its proposed tax reliefs.
Of course, tax changes seem very much up in the air at the moment. Here’s the link to Blevins article.
Also just for info, the livret A is now 2.4% net from 1 February ( It would still be 3% when amcporto posted)
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I’ve been fascinated by this thread and it’s brought on a rare dose of nostalgia. When I retired to France as a 56 year old inactif it was all so straightforward.
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Well there was far less available on the internet so you just did it! I remember getting into the health service required a lot of paper, and even more for my carte de séjour. But I also didn’t bother myself about whether I was doing the right thing with my pension or savings
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I’ve just read some of your posts @larkswood12 - incredibly thorough!!
I’ve literally just opened a UK Trading212 Cash ISA so your thread of that name caught my eye.
Dumbing down for the hard of ‘Money’ - I think you’re suggesting that keep the money we take in 1 go less than E250k or the tax won’t be 6.75% or 6.75% + 3% but 20% with a potential 9.1% on top if the Social charges comments I’ve seen on Kentingtons/Blevins Frank or SJB is enforced.
Is that right? That is nasty.
I can see how people will be pushed back into the arms of the 25% tax free lump sum + ~8% social charge yearly that we pay on a private pension if our drawdown income as a couple is <~E30k.
Comically that was my starting point 3 Internet forums and hundreds of posts ago.
I think it’s that we have the forum now and so can find out anything we need from other people.
Such a relief!!
(I never know who to believe and it’s so much easier to believe people that don’t charge as they’ve nothing to gain from selling a point of view)
Exactly @JaneJones but over the last 40 or 50 years life has become steadily harder.
Rising house prices, Rising education prices, Less stable jobs, Marriage breakdowns … … unaffordable childcare … … it’s really quite horrid now compared to the 70s and the 70s was sufficiently horrible to inspire the punk movement into … … well Vyvyan B. from The Young Ones was every medical student’s idol back in the 80s!
-*-
Really hate all of this money stuff - and VERY grateful for the clarification that I’ve received.
As @Helenochka will tell you I summarise at the end of threads … … approaching but I’ll do it in just 10 or 20 lines this time.