Running Man
Midfield
Just looking for any advice on private pensions, I'm self employed and really need to start thinking about a pension. Any help would be appreciated as I haven't got a clue about any of this stuff, cheers.
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Just looking for any advice on private pensions, I'm self employed and really need to start thinking about a pension. Any help would be appreciated as I haven't got a clue about any of this stuff, cheers.
Just looking for any advice on private pensions, I'm self employed and really need to start thinking about a pension. Any help would be appreciated as I haven't got a clue about any of this stuff, cheers.
My wife still has an old one with Scot widows , not much in it and dunno if I should start topping it up or just out money aside in a savings account for herI set a basic one up with Scottish Widows.
Same here, I've been paying into it for over 30 years and will be able to retire with a massive yearly pension of just over £1,000. I've only myself to blame though as I listened to "pub experts" who kept telling me pensions were a waste of money so I haven't increased my payment to keep up with inflation. My missus (no) worked for Wandsworth council and will get £1,000 for every year she worked there. God bless the tax payers subsidising public sector pensions. I do have another work pension from when I did my apprenticeship, my 4 years of contributions are worth a staggering £16 if I want to take them as a lump sum, they haven't said how much it's worth as a monthly payment.I set a basic one up with Scottish Widows.
Talk to @Shirley Shammel he’s done a top job for me.
Following this thread as I also need to do it and I’m clueless about these things.
I’m now 43, what sort of amount should I be looking to put in each month?
You'd need to put in about £500 a month if you wanted anything half decent I reckon.Following this thread as I also need to do it and I’m clueless about these things.
I’m now 43, what sort of amount should I be looking to put in each month?
As much as you can reasonably afford, given that you are just starting at 43.
You'd need to put in about £500 a month if you wanted anything half decent I reckon.
The Which calculator reckons you'd have a £200k (if it was all in equities) pot by 65.
I have a works pension to come as well, but now that I’m self employed want to continue putting something away.
The wife has a cracking works one as well so she can look after me
Where should I be looking?
My works one is with Scottish Widows and the thing I like is it shows on my Halifax online banking as they’re both part of Lloyd’s.I set a basic one up with Scottish Widows.
Same here, I've been paying into it for over 30 years and will be able to retire with a massive yearly pension of just over £1,000. I've only myself to blame though as I listened to "pub experts" who kept telling me pensions were a waste of money so I haven't increased my payment to keep up with inflation. My missus (no) worked for Wandsworth council and will get £1,000 for every year she worked there. God bless the tax payers subsidising public sector pensions. I do have another work pension from when I did my apprenticeship, my 4 years of contributions are worth a staggering £16 if I want to take them as a lump sum, they haven't said how much it's worth as a monthly payment.
I have a works pension to come as well, but now that I’m self employed want to continue putting something away.
The wife has a cracking works one as well so she can look after me
Where should I be looking?