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New to pensions... facts or myth?

smi85 · 2011-08-25 20:37:19

I'm currently in the process of paying off my debts, have a small amount of debt around £1500 mark and on course to being both debt free by christmas and also having a bit put away for a rainy day in my ISA. So around christmas I'd like to start planning for my retirement by putting some money away which I can't touch til…

Comments

StevieJ Posts: 20,174 Forumite

27 August 2011 at 12:05PM

smi85 wrote: »

The problem I have is that my friends and boss are telling me pensions will be worth nothing, it'll be worth nothing when I do retire etc. My boss unhelpfully advising me to invest in property instead - he was promptly advised to increase my wages substantially!

Is your boss advising you to buy a house (primary residence) or invest in property (I thiink there is a difference).

'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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