Moving to San Francisco from UK - after some general advice
#31
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Joined: Apr 2011
Location: Ohio
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Re: Moving to San Francisco from UK - after some general advice
In my case I see making the rather modest payments for Class 2 NICs to be a prudent hedge against me not being a millionaire by the time I retire. If I am a millionaire I won't care even if they means test the UK state pension and I get nothing, and if I am not a millionaire then the UK state pension will be a welcome addition to my income.
- well-off from my other investments, so won't care overmuch whatever they do with the UK pension;
- of modest means, in which case I'll be in the group of people who would still get one, and be very thankful for it;
- dead.
I'm hoping, and planning, that it'll be the first one. But it's good to have a back-up plan.