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SAHM & pension?

(3 Posts)
MagratsHair Sun 15-Feb-15 15:25:45

So I've been a sahm for about 6 years now but previously had been working since I was 18 & have about 4 company pensions sitting around each with a couple of thousand in only.

I have no debt but no savings either. I can afford to put away about £20 per month & that is it!

Is it even worth having a pension at all or should I take the view that £20 pm is better than nothing & just take out a bog standard personal pension?

CogitoErgoSometimes Sun 15-Feb-15 16:12:41

It's worth having some kind of savings plan for retirement rather than nothing at all. You could build up some ISA funds tax free. Are you planning to return to work?

MagratsHair Sun 15-Feb-15 16:14:15

Thanks Cog, yes in the next few years smile Just getting twitchy feet really

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