Random Q but how much do you put in your pench each month

[TheIcyAquaFawn]

On normal salary 37k

Perhaps they are finding their pench a bit spenny.

Mine too!

You put in 25% isn’t that quite a lot out of your salary?

I am on slightly less than you and money is tight.

This!

What?

the context is all there!

Earn 14 k
I put in 5.5% , work puts in 10% - it’s a local authority one.

works out about 60£ a month I put in , but it’s a db “pench” and is on track to pay out about 75% of my wage if I retire at 65.

also pay £5per week into a Lisa for when I hit 60.

im only 35 and plan to look more closely at what I’m saving for retirement at 40 , as by then I should be missing my dependents and nearly paid off the mortgage.

I have a feeling this was written to wind people up rather than to get the answer. 🎣

Oh my god I didn't know what 'pench' meant till I read the replies

I don't think that's going to catch on 🙈

Busy isn't the word I'd use....

Pench?!
Definitely a Gen Z person who has written that 😂

Say less OP, yeah? Man’s pattern is simple. Every month I lob £100 into my pensh, calm and collected. Then my employer clocks it and goes, “Say no more,” and bangs in 50% extra like it’s a buy-one-get-half-off deal. So while I’m just minding my business, my future self is getting sponsored. Big brain behaviour, still broke now but rich later vibes.

Hahaha love this!

Then my employer clocks it and goes, “Say no more,” really got me 😂

Me too!

As much as I can within the annual allowance to bring down my tax bill

You could well be right. Another 3 word name. Wind up words, posted & not engaged with thread.

I’m not so sure.

I feel like it’s going to be one of those words that gets stuck in my head and I’m going to end up saying it 🙈

I’m now in drawdown but contributions very much ch depends on your current age, planned retirement age and how much of a retirement pot you estimate you will need.

As a 2026 wench, I gotta clench and bench that pench before I trench coz I ain't French (where they have a superb state pench)
Or something like that anyway HTH OP

Innit

8%, employer puts in 12%.

One million dollars

My pench is MASSIVE

This. It makes me 🙄 when people say that these things aren't taught in school - it's all primary school stuff!

Anyway, I'm really here for the abomination that is "pench"

🤦🏻‍♀️