Is it worth paying into a pension anymore?

Altior

The whole contribution results in some tax relief. I'm meaning that's on top of the 'free money', ie you'd likely take the free money even if there was no tax relief on your own contributions.

Altior

The key point from me is that the OP might not have the scope for healthy pension contributions right now, esp as they mentioned cost of living. Just reading between the lines a bit, as very little detail is disclosed. However there are a few things that would ordinarily be prioritised over pension contributions, eg priority debts themselves, high interest liabilities, emergency fund.

Marcon

Loads of answers - but none from OP (yet) on some fairly key considerations such as age, employment status etc. Not much point trying to reply further until they respond.

badatdeciding

Thanks everyone 

bjorn_toby_wilde

Marcon said:

Loads of answers - but none from OP (yet) on some fairly key considerations such as age, employment status etc. Not much point trying to reply further until they respond.

No, seemingly not

Mutton_Geoff

badatdeciding said:

Thanks everyone 

Shame the OP didn't invest as much time in their response as those that tried to help did.

https://www.youtube.com/watch?v=9YIw_WDNbzQ

GibbsRule_No3.

PPOV I think this question arises due to the added benefits that are given out to those that do nothing for themselves, thus “what is the point?”. If the State Pension was brought up to a living wage for every pensioner, without the extras that are given out, then there is the encouragement to save extra into pensions, to make life in retirement even more comfortable than on a decent SP rate.