So recently looking at my pension in work I get an ok lump sum and about 5% of my wages paid out each year. I put away 8% of my wages just now which isn’t high but not small for my age. Looking at older schemes and advice you are meant to aim for 50% of your wage, which isn’t going to happen.
So I was thinking I should just cancel the current pension and get around £40,000 it’s apparently worth and buy a house. Previously rented and still renting but just had kids and settled so buying somewhere makes more sense I think.
Submitted April 28, 2019 at 11:01AM by Timzy http://bit.ly/2GEsyKX
