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.

Is Pension worthwhile? Help

Is it worthwhile continuing with a Stakeholder Pension? I have just left a company who had me transfer to a stakeholder pension a year ago where they contributed a % to it. Now they are not in the picture, I wonder whether to 'freeze' this. And just set up my own investment portfolio for my later years. I am 43, I am thinking to start my own business. I have no income whilst taking time out to look at this option. So money outflow needs to be essential.

I have not had much faith in putting money aside in my later years, if I survive that long! So my contribution has been minimal and I wonder whether to invest in shares instead. At least I can get my hands on the funds when I need them.

Please help.
;) Puff Dragon
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.2K Banking & Borrowing
  • 252.1K Reduce Debt & Boost Income
  • 452.4K Spending & Discounts
  • 240.8K Work, Benefits & Business
  • 617K Mortgages, Homes & Bills
  • 175.6K Life & Family
  • 254K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.