Haven't got a pension!

atush

bigfreddiel wrote: »

:beer::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::beer:
you say all that but you really don't have a clue do you?

anything can happen and you know it but won't admit it


glad to help

see ya!

fj

You get sillier and more fanciful by the day. I swear you are a teenager.

He says all that because it is true.

atush

pollyanna24 wrote: »

Thanks for everyone's replies. Certainly given me food for thought!

Think a pension is something I will have to look into then. Can anyone suggest a good starting point as to where I should look to get one?

I do have an employer, but he is a sole practitioning (is that even a word?!) solicitor and so not a big company and no pension available. I am aware of the adverts that say in time, he will to provide me with one, and I'm sure when he has to, I will go into that. Will I need any more than this?

I had it in my head that when I retire, I will own my house and so won't be paying rent/mortgage and so anything I get from my pension would just have to go on bills.

One final question, how do pensions work if you keep changing jobs and you have a pension with your employer? Does it just keep moving with you?

Owning your own home helps, as you wont' have to pay rent, but will have to maintain it pay tax etc.

The pensions when you move jobs are still there for you. Sometimes you can and should transfer them to the next place sometimes (esp Final Salary schemes) you should just leave them to grow over time. This will depend on lots of things. As an example, my OH has 4 old pensions from previous employers and is in the process of setting up no5.

If you are not the type of person to run your own pension ie choose your own investments, then you can go to an IFA to start one up. If yo don't have a recommendation, look at unbiased.co.uk