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Am I paying enough in???

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  • Starbrite wrote: »
    Yep 67 is my state pension age!

    Why will I be to young to retire at 60?

    I think you simply have to resign yourself to work until age 67. Join the club.
    The demise of final salary pensions means that younger people have not got a prayer of ever getting a decent pension - unless they contribute 50% of salary (fat chance). Just put in what you can afford and enjoy your life -asking questions on this forum will only result in smarmy comments from smartasses who think they know better.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    younger people have not got a prayer of ever getting a decent pension - unless they contribute 50% of salary

    It's actually around 15% to 20%, even less if their employer makes a contribution, which many do.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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