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What age did you start paying into a pension?
| Profile | Posted by | Options | Post Date |
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Unknown | Report | 29 Aug 2005 00:29 |
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If you wait 3 years, Dan, I'll tell you if it's worth it. I started paying into a pension fund at the age of 19, but because I was only with the company for 8 years, the fund was 'frozen', apart from inflationary increments. At the last statement, I was due to get about £7 a year from it from the age of 60. Only 3 more years to wait. I wonder what I'll be able to buy with £7 then? CB >|< |
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Erikoinen | Report | 29 Aug 2005 00:27 |
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If Lemon gets hold of you Dan I wouldn't think you'll need a pension LOL Ken x |
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Unknown | Report | 29 Aug 2005 00:26 |
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Daniel...are you trying to change the subject from a frilly nightie to pensions? Lemon told me you were only 17.I thought she was only joking about the 70 bit !!! Hop-a-long |
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Vera | Report | 29 Aug 2005 00:25 |
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I didn't, but wish now that I had. I shall not have much money to live off when I retire! I have tried to encourage my children to pay into a pension plan but its very difficult when you are young to think of something that is not going to happen until 30 or 40 years time!! |
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ChrisofWessex | Report | 29 Aug 2005 00:25 |
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The way things are going Daniel - instead of buying stuffed animals - put your spare pennies in a pension fund now. Ann |
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Lucky | Report | 29 Aug 2005 00:24 |
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We won't have much, only 20 years off retirement and we can't afford to live now. How can they expect the average person to put £200 plus a month away these days. My daughter (18) has already had a booklet from the government advising her about starting a pension sooner. She's only just started working for 8 hours a week, thats going to be a lot for her to live on isn't it. |
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Daniel | Report | 29 Aug 2005 00:19 |
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All the clues suggest that this time round the earlier the better will not only be beneficial, but actually nessecery. |
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