private or public package

LongTermLurker

Loughton_Monkey wrote: »

Your biggest mistake, possibly, would take the private job, and bung in only the 'minimum' 8% (your 4% plus employer's 4%). This is because the extra cash will be spnet more on your lifestyle, while your pension pot will be only marginally increased. Your drop in lifestyle upon retirement will be much bigger.

Though he could possibly build the world's greatest wine and beef cooler using 15 years of 12% extra income, topped up with the ubiquitous heating allowance