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Pension NOW?
beachhutman
Posts: 8 Forumite
I have just started a new job and intend to stay there for the 5 years up to retirement at 65 or later if I can. There is no employer contibution to a pension scheme with my new employer. My current pension pot is derisory; I am likely to have to rely on the Minimum income garrantee - even my state pension is only 70% from missing years spent overseas. I am guessing that I would be better going for a straight savings / investment (of around £6000 a year), with some risk, to accumuate as much capital as possible.
Any suggestion in this case?
Any suggestion in this case?
0
Comments
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Do you own your own home - or beach hut?
Trying to keep it simple...
0 -
I'm in the process of selling this house, splitting the proceeds with an ex wife, and then buying a smaller place which I would hope to do for cash or with a short term loan. I aim to own my home - whatever it is - when I retire.0
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