Bonus into pension scheme

Dithering_Dad

bigbloke45 wrote: »

If your debts are high, they won't get any smaller by bonus sacrifice into a pension plan. Maybe you need to prioritize between debts and pension planning. One thing is certain, the amount of interest you pay on your debts will always remain but the return on your pension contribution is in the lap of the gods.

I cant see that a pension plan valuation will help as they are based upon assumptions that will never come true.

Clear your credit cards first and then worry about pension contributions.

Very negative remarks in regard to investing (mostly incorrect). I assume that you therefore don't invest your money and instead choose to keep it in cash?

What will you do when it's time to retire? How will you get by on the state stipend?