Creditcardfree's post the other day about retirement got me thinking.
I've been contributing 2% of my pay towards a pension since I was 20. I wouldn't have considered it normally at the time, but my manager, who was about five years older, told me he was contributing so I should do it. When I signed up, I told dh who followed a few months later. My employer matches my contribution.
In the last year or so I see that it's now compulsory - I might be wrong - to join your workplace pension. I'm sure the HMRC had a lot of adverts out about it.
I'm by no means expecting a great pension considering my little savings. I don't know what age I will retire. I know one way to increase your pension is to use your ISA savings where you are allowed to save 15k per tax year (Apr-Apr). I am a long way off from this. I need to get rid of debt first and get myself sorted out.
I just wanted to put this out there because I was thinking about it.
Retirement Thoughts
February 22nd, 2015 at 05:50 pm
February 22nd, 2015 at 06:30 pm 1424629853
February 22nd, 2015 at 06:34 pm 1424630077
February 25th, 2015 at 01:13 am 1424826816