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Hands up all those saving £400 per month for their pension
 Moderated by: Saida.M, safetyblitz, Raven, Miss Brighter Days, LadyDay, Kunjufu, Kibibi, Happiness, Dillinger, Breadfruit, Backatya  

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COLTRANE
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 Posted: Monday June 20th, 2005 12:37

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That's how much we should be saving, apparently.
http://money.guardian.co.uk/pensions/story/0,6453,1506200,00.html
http://www.thisislondon.co.uk/news/articles/PA_NEWA47647501118658370A0?source=PA%20Feed
http://money.guardian.co.uk/pensions/



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 Posted: Monday June 20th, 2005 19:58

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Harsh reality is if you are relying on a pension started past your mid thirties, then yes you would need to put away something riduculous in order to beat inflation and recieve value for money in real terms.

However its never too late and diversification is paramount. Nowadays more people own more than one property, and this together with a conventional pension could be the answer for those that have left it late.



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