We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Is your pension pot going to be large enough?
Comments
-
There was a scary article in yesterday's Telegraph illustrating just how expensive care in old age can be, if you happen to get the kind of disease that kills you slowly.
yes but i bet if that ends up being you your main thought isn't "i wish i'd saved more for my retirement". i bet it's more "i wish i'd enjoyed life whilst i still had my health".Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0 -
yes but i bet if that ends up being you your main thought isn't "i wish i'd saved more for my retirement". i bet it's more "i wish i'd enjoyed life whilst i still had my health".
The thing is though enjoying yourself doesn't have to cost that much, the thing I like to do most on the weekend is get out into the countryside with my wife and dog on our bikes (except the dog he just runs alongside us)Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »The thing is though enjoying yourself doesn't have to cost that much, the thing I like to do most on the weekend is get out into the countryside with my wife and dog on our bikes (except the dog he just runs alongside us)
that's what we did this weekend. bike ride in epping forest on the cheapo bikes from ebay (mine cost 50 quid and OH's was 30 quid with helmet and lock thrown in!). no dog though - i'm allergic and OH isn't a fan of animals in the house / car.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0 -
As my siblings and I try to help my dad to make difficult decisions about my mum's care, I'm very glad my parents enjoyed cheap ways of having fun, as suggested by chucknorris. It means that they now have enough money to open up more options for how to make her final years as comfortable as we can.Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
0 -
I have a pretty stingy pension at the moment where I contribute 3% and my employer 3%. I can contribute more but it won't be matched.
It goes up to 5%/5% from September (I turn 30) but that's it.0 -
I have a pretty stingy pension at the moment where I contribute 3% and my employer 3%. I can contribute more but it won't be matched.
It goes up to 5%/5% from September (I turn 30) but that's it.
Don't forget if you invest up to your isa allowance that will add up to a significant sum by the time that you reach retirement age.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »Don't forget if you invest up to your isa allowance that will add up to a significant sum by the time that you reach retirement age.
Yeah I've filled it out for this year. The previous years' went into my flat deposit.
I'll probably up my own contributions anyway from next year, even if they are not matched.0 -
Pensions are a terrible investment. My wifes freinds sole remaining parent died shortly after retirment and the annuity provider kept the lot. At least with REAL assets you pass on your lifes work to your next of kin.0
-
Pensions are a terrible investment. My wifes freinds sole remaining parent died shortly after retirment and the annuity provider kept the lot. At least with REAL assets you pass on your lifes work to your next of kin.
Although I agree with you (I can afford to as my wife and I have based our pensions on a property portfolio) that pensions are not a great investment (if you have more than enough elsewhere).
However for those that do not have other assets there isn't much choice because you do not know how long you are going to live and you need that income secured in the form of a pension. So pensions are more than a mere 'investment' to those people.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Pensions are a terrible investment. My wifes freinds sole remaining parent died shortly after retirment and the annuity provider kept the lot. At least with REAL assets you pass on your lifes work to your next of kin.
that's what i don't get with pensions. it's a gamble as to how long you live.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards