Help needed with basic offsetting

Hi all,

Hopefully a quick and easy question....

My pension - £77k
His pension - £140k

House equity - £200k

To offset his entire pension, do I simple do £200k - £140k leaving £60k to share between us?

Or is it the difference between our pensions that needs to be offset ie 200 - (140-70) = £130k to share between us?

I'm getting in a muddle with it all!

Many thanks.

What kind of pensions are they??

If you are looking at capital value and equal shares, add up everything to get a total for the pot then divide by 2.

Take the amount of his pension away from the 50% figure. That's the amount of cash needed if the offset is £ for £.

So 417 /2 =208,500
-140 = 68,500 cash needed for equal shares of the pot.

Hadenoughnow

Depending on ages and the circumstances of the divorce and dependents it's not always a straight offset, especially if younger and unable to access the pension for years

So ignoring all the unknowns you basically have in a 50/50 split

£200k equity so £100k/£100k
£217k pensions so £108.5k/£108.5k

If you want to deviate on the equity it won't necessarily be a £1 for £1 transfer on the pension

So for example you could say you wanted more equity and split it £80k/£120k and the counter could be that pensions are left as they are so effectively £40k of equity is offset as £63k in Pension value but there is no direct calculation normally as it depends on the overall circumstances to get an "equitable" solution for all

Thank you both.

Hard to know which answer to go with. Both seem to come up with different figures.

Pensions maths is so tricky!