To ask what you should know but don't

[Donotunderstandmyhouse]

I have a thread (embarrassingly) atm about the the fact that I have no clue about my own boiler and heating system. Please could I ask you to make me feel slightly less inept as a parent to be and an adult by asking what you do not or did not know that you should ? I'm talking things like one of my friends knew nothing about council tax when we first moved out of our parents homes 🙈

incognita, sorry, only just seen your question about pensions based on average salary and the answer is that I don't know. Probably in much the same way as a final salary one - employer and employee pile money into a managed fund which hopefully come retirement will be large enough to provide the expected income for however many years for however many people paid into it.

This is why firms raising pension funds is a really bad idea: a fund might have lots in it now, but investments can go down as well as up, so that buffer might be needed in the future.

AAAAAND - I've just seen that someone answered it better than I ever could. I should read the whole thread next time

I don’t know which one is the outside lane on the motorway. I Google periodically but it never sticks so I commit the MN crime of calling them the fast, slow and middle lanes.

When I'm walking in the countryside and have no idea where is North or South or East.... clearly so clueless....