Is you salary / house out performed by your pension.

pensionpawn

No advice offered or requested here, just my inquisitive nature. Does anyone have a pension pot(s) that is:
A) Earning more than they are. i.e. average annual growth now exceeds net earned income (prior to salary sacrifice and other voluntary deductions)
or
Worth more that their (main) residence
or
C) both of the above.

Just purely out of interest

Alexland

Our pensions are worth more than the current value of the most expensive of our previous 3 properties. But they are not as big as the value of our current property. But with further contributions they should overtake in a few years. By then my wife might want a bigger property :-)

According to the Zoopla random valuation machine our current property was our worst investment in 2018 losing around £60k. The whole idea of including the valuation in my spreadsheets was to create stability in the total!

Alex

lisyloo

B but that’s how it should be at my age.
I think the snowball effect should be taught at school as I’ve only recently appreciated this.

kuratowski

Neither A nor B, hence there is no option for me to select in the poll. Aged 40 my pension pot is not (yet) worth more than my property. I estimate that point might arrive in 2022.

Paul_Herring

Given the dip in the markets of the last few months of last year, the value of my pension pot is about even over last year (ignoring contributions; it rose by the amount contributed.)

Given I don't own a main residence, I cant really answer (B), but the pot is certainly worth more than where I do live.

shinytop

A no, B yes by miles if I can count DB.

Trina90

No - but then that's probably no surprise as I'm only in my twenties..

Thrugelmir

B. is influenced by age........

With regards to the recent market dip. My SIPP reduced by more than my annual salary.

worried_jim

Not by my home but pension growth was only a few £100 off my salary in 2017, sadly not last year. I'm 44.

bostonerimus

I'm retired and so I've had time to grow my pension pot to a point where it is considerably more than the value of my home. In good years the pot grows more than my annual income when I was working, but that obviously depends on investment returns.

pensionpawn

Can anyone advise if (how) to amend a poll? I rushed it out before popping out for the day and have obviously omitted some options. Can't even comment myself as the option isn't there! What a Muppet!