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Recent graduate pension advice desperately needed!

WeeMcG
WeeMcG Posts: 1 Newbie
in Pensions, annuities & retirement planning
Im 23 and graduated in June 2007 with a student loan of £12k

I managed to pay off my student overdrafts and have no credit card debt anymore and I have savings of £2k.

At the moment I'm technically unemployed as I work for board and lodgings in France and I'm not recieving any UK benefits. I will be returning to the UK in September 08 and will be seeking full time work as quickly as possible.

I'm aware that I should be considering a pension scheme but I can only realsitically afford around £20 per month at present but I really dont know where to start!? Private or stakeholder pension and who with?

Please help!

Many thanks, weemcg x

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    wait until you have a proper job ...no point in saving 20 per month for a pension at this stage
  • Riq
    Riq Posts: 10,430 Forumite
    Yeah, agree with the above.

    I graduated and when I eventually got my fulltime proper job I then started in their pension scheme.

    I was 22 when I got my first proper job.

    Before that I was just temping so not paying into a pension, but tbh, I didn't even give it a second thought.

    I'll worry about that in years to come anyway.
    "I'm not from around here, I have my own customs"
    For confirmation: No, I'm not a 40 year old woman, I'm a 26 year old bloke!
  • Retired_I.F.A.
    Retired_I.F.A. Posts: 863 Forumite
    "I work for board and lodgings in France "

    I thought the French did away with slavery years ago ?
This discussion has been closed.
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