If you were being asked to take a 15% pay cut, would you just bite the bullet and lose this take home every month and feel the pinch and definitely not be able to save? Or would you stop employer & own pension contributions as you anticipate leaving this employer within next 2 years, meaning that take home pay remains the same?
We are committed to making alternative pension provisions through a rental property and related income but without this 15% we can´t upgrade or invest in another property as savings would be minimal.
What to do???