Was chatting to a group of friends (and friends of friends) the other day when the subject of pensions came up.
Only about half the people there (all in their 30s and 40s) had any sort of pension. Quite a few of those said that they didn't pay in as much as they ought to.
Of the others, the reasons for not having one varied from - not wanting to think about it, assuming the kids would support them, relying on inheritance (!), wanting to spend their money now and let the future take care of itself etc.
Maybe I am unduly worrying (I was in the "have a pension fund but don't pay in as much as I should do" group) but I'm astounded that so many people have effectively closed their eyes to saving for their old age. The state pension isn't going to be much to live on, and can we really rely on other sources of income just materialising from nowhere?
I do appreciate some people genuinely have no money for a pension after essential bills, so am talking about the people who do have disposable income but choose to spend it elsewhere.
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to think too few people worry about pensions ...
262 replies
redskyatnight · 24/09/2009 12:25
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sarah293 ·
24/09/2009 17:16
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LeninGrad ·
24/09/2009 17:20
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LeninGrad ·
24/09/2009 19:02
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