Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
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.

1fluffydoodle · 19/10/2021 18:19

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

Gumboots29 · 19/10/2021 18:19

Considerably less than that.

Frenchfancy · 19/10/2021 18:21

I don't even earn 2K/month!

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?

Merryoldgoat · 19/10/2021 18:21

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

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

Welshiefluff · 19/10/2021 18:22

Subtle brag thread is not subtle.

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?"

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

OhDear2200 · 19/10/2021 18:24

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

Justcashnosweets · 19/10/2021 18:24

Here, have another Biscuit

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

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.

icedcoffees · 19/10/2021 18:25

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

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.

Warsawa31 · 19/10/2021 18:28

Something tells me you will be ok 😒

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:
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...

BadgeronaMoped · 19/10/2021 18:31

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

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.....

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.

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.

Sloth66 · 19/10/2021 18:36

Bit boastful…..