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Do you monitor your pension position daily?

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  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Daily. Just to make sure it's still there  :D
  • My spreadsheet updates itself. I check often. Bad habit. 
  • Pretty much daily, it's good education and teaches you to become dispassionate about movements in my opinion. If I rarely checked then had looked in March I may have reacted, but ats t was I watched it go down and then back up again with interest. 

     I also weigh myself twice daily 😊. It's the trend that matters but that is easier to see if you have several data points rather than just 2!
  • pensionpawn
    pensionpawn Posts: 1,016 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Sea_Shell said:
    Pensions, monthly.   Involves logging on to multiple websites.

    ISAs, daily.   It's just a tap the app!!

    A daily game of "scores on the doors".

    "Lost" £2000 yesterday....whatever!!!

    My spreadsheet for our overall pots also has a 6 month rolling average graph, which smooths out even the monthly fluctuations.

    All good, clean fun!!   (If you like that sort of thing) 😉
    That's exactly how I see it. I love numbers, analysis, forecasting, spreadsheets (all part of my education and career too) and obviously finance. Daily 'scores on the doors' is all harmless fun as long as you don't make emotive decisions based on short term performance and it isn't anxiety driven / inducing. As you approach 55 it's like being caught in the gravitational pull of a black hole lol!
    You can't have too much information however you have to be careful about how you join the dots together!
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 20 February 2021 at 10:30AM
    I also check daily as I love looking at data. I've also realised I am completely unable to make predictions based on news of the future performance of my portfolio so I know I'm best set just to leave it alone apart from planned changes.
    This also makes me realise it's pointless to keep checking it, but, well, I just can't stop looking at it ;)
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Sea_Shell
    Sea_Shell Posts: 10,025 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Sea_Shell said:
    Pensions, monthly.   Involves logging on to multiple websites.

    ISAs, daily.   It's just a tap the app!!

    A daily game of "scores on the doors".

    "Lost" £2000 yesterday....whatever!!!

    My spreadsheet for our overall pots also has a 6 month rolling average graph, which smooths out even the monthly fluctuations.

    All good, clean fun!!   (If you like that sort of thing) 😉
     As you approach 55 it's like being caught in the gravitational pull of a black hole lol!

    Love this...

    My DH is rapidly approaching his "event horizon" !!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • I’ve recently transferred my pension making it easier to track on a daily basis. 
    I’m intrigued by the ups and downs.  Checking it regularly is a novelty for me though and hope it wears off before I become too obsessed! 

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