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.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

28 years old, how much should i be putting into my pension?

dtj1990 · 2018-07-03 13:33:02

Hi All, i am 28 with 2 children earning 30k PA (soon to go up) i have a meagre £3000 in my pension pot and i obviously would like to retire at some point in the distant future. What would be a starting point in terms of a monthly amount to put start putting into my pension pot? Any suggestions would be most welcome.

Comments

AnotherJoe Posts: 19,622

Forumite

4 July 2018 at 10:20AM

edinburgher wrote: »

It's considerably less because of tax relief?

Good point. It would cost the OP about 80% of that, about £370 and then knock off the employer 5% which is a third so in actual fact its about £250.

My bad but all good for the OP !

0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

28 years old, how much should i be putting into my pension?

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free