Workplace Pension

[andy222]

I was listening to the radio the other day and there was a pension advisor on there. He said a 25yr old would have to put £1000 per month in to get a decent retirement payout.

[fred]

I was listening to the radio the other day and there was a pension advisor on there. He said a 25yr old would have to put £1000 per month in to get a decent retirement payout.

It's probably true!

I could see this trend 15/20 years ago and that's why we took a huge risk and designed our own personal pension investment scheme... Pension plans in my era always looked like a bad idea to me with almost no guarantees of a final figure as a self employed person.

To this day, I have absolutely no idea how much to expect one day from the money I did pay into private and gov pensions..My guesstimate is peanuts probably.

[Terpe]

I was listening to the radio the other day and there was a pension advisor on there. He said a 25yr old would have to put £1000 per month in to get a decent retirement payout.

If you're in an NHS pension scheme Andy you'll be fine

[stevewool]

I have two pensions plus the state pension at this moment. Not a fantastic amount but it will do fine over in the Phils, plus I also have the rental from my property too.

So I dont think I want to start another one, plus the company may only put up to 1% in. To me it's a no brainer.

At this moment in time, I feel the best way is to fill both our ISA deals up to the max.

[Michael Parnham]

I was listening to the radio the other day and there was a pension advisor on there. He said a 25yr old would have to put £1000 per month in to get a decent retirement payout.

Most people don't earn that amount!

[Slip]

Most people don't earn that amount!

Once I pay my mortgage, buy food and pay bills, I am lucky to have half that amount for myself!

As the saying goes, rich getting richer, poor getting poorer.