frozen pension due to maternity should i start paying again?

kazzys51

hi, I was looking for some advice my pension ive had for 5 yrs me and dh have paid in the same amount all the way through 50.00 a month each,

we changed to a fixed fund a year ago because of the way rates were going there is ruffly 4700.00 each in it at mo so its lost anyway the question is should i start paying it again - idont really want to because were using extra cash to put to mortgage but at the same time that money is just going to sit there wasting away because they will keep taking management fees im 32 dh 35 and cant get to the money til were 55 if there is any left by then ? any advice would be a great help

thanks kazzys

dunstonh

but at the same time that money is just going to sit there wasting away because they will keep taking management fees

That is an incorrect assumption.

ive had for 5 yrs me and dh have paid in the same amount all the way through 50.00 a month each,

£50pm isnt very much.

there is ruffly 4700.00 each in it at

Given you ages you ought to be closer to the £30k range now if you are looking for a comfortable retirement.

So, the question really is, how much do you want to have a life in retirement beyond the state pension?

kazzys51

well at the mo im looking at my mortgage being my retirement my mort has 3 yrs left then i plan to start putting a good saving away for later on will it not waste away then? thanks k