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AIBU?

To ask how much your retirement pot will be

423 replies

Futurama1 · 19/10/2021 18:17

Off the back of some threads today, how much are you aiming to have in a retirement pot?

I’m going for 600k at today’s value which seems an insane amount but 20k per year for 30 years + state pension. What are you aiming for?

I put 2k per month in currently (inc employer contribution)

OP posts:
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stairgates · 19/10/2021 18:19

Zero the way I'm going, I'm hoping one of the kids chucks me a few quid each week.

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1fluffydoodle · 19/10/2021 18:19

2k isn't realistic for many people....

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Gumboots29 · 19/10/2021 18:19

Considerably less than that.

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Frenchfancy · 19/10/2021 18:21

I don't even earn 2K/month!

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MoiraNotRuby · 19/10/2021 18:21

Fuck me, you pay IN 2k each month? So basically you earn shit loads and thought you would start a thread about it?

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Merryoldgoat · 19/10/2021 18:21

If I can get to £200k I’d be very fortunate

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bravotango · 19/10/2021 18:22
Biscuit
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TracyLords · 19/10/2021 18:22

OP, many people don’t even clear £2k a month, so that is unreasonable for them to put that amount into a pension fund. I’m thinking it’s unlikely you are an average earner?

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Welshiefluff · 19/10/2021 18:22

Subtle brag thread is not subtle.

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ShowOfHands · 19/10/2021 18:24

OP, it is quite an interesting question but you're clearly a high earner and this does make the thread read as "I'm rich, what about you?"

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SusieBob · 19/10/2021 18:24

Lots of people on here are on the breadline. Just piss off with your "look how much money I have" bullshit

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OhDear2200 · 19/10/2021 18:24

If I was putting in £2000 a month I would be expecting to retire at 50!

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Justcashnosweets · 19/10/2021 18:24

Here, have another Biscuit

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AllThingsServeTheBeam · 19/10/2021 18:24

I'm putting in 5k a month currently and I have won the euromillions 3 times so I think I'll do ok Hmm

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Robostripes · 19/10/2021 18:25

Bloody hell what a bragging post! I’m fortunate enough to earn a good wage but I’m the sole breadwinner and have, you know, a mortgage and bills to pay, so I put in 5% and my employer does too. Will be nowhere near your 600k which would put you amongst the very biggest pension pots in the country.

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icedcoffees · 19/10/2021 18:25

I put in 20k a week, doesn't everyone?!

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Eileen101 · 19/10/2021 18:26

Good grief, £2k a month? I don't think you have anything to worry about Grin if I get to £300k in the next 30 years before retirement, I'll be a happy bunny.

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Warsawa31 · 19/10/2021 18:28

Something tells me you will be ok 😒

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Futurama1 · 19/10/2021 18:29

Okay wow! I didn’t intend for people to take offence, probs shouldn’t have mentioned individual contributions.

I don’t earn a wild salary BTW, just have prioritised this and employer pays a lot

OP posts:
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coldwarenigma · 19/10/2021 18:29

£20 a month, on top of employer contributions.. I'm expecting to be skint..and OP ..2k a month?? Look up minimum wage..thats most peoples ordinary wages...

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BadgeronaMoped · 19/10/2021 18:31

My first thought was "fuck all". I have not made wise life choices Grin

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MeanderingGently · 19/10/2021 18:31

Many of us don't earn 2K a month.
I'm in a minimum wage job. To answer your pension pot question, nothing. I don't have a pension pot. I shall be living on the state pension when I retire, which is only a few years away.....

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KindleAndCake · 19/10/2021 18:33

Nothing, because I'm an unpaid carer to my two dc. I get carers allowance for one of them, and I can't save for a pension on that sadly.

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ShowOfHands · 19/10/2021 18:33

My DH has one of those gold plated police pensions people claim exist. He pays in 15% and won't make anywhere near what you will op. Not even half. Not even a third.

You can't prioritise if you simply don't have the money.

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Sloth66 · 19/10/2021 18:36

Bit boastful…..

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