What age did you start regularly investing into a private pension?

[worldwidetravel2017]

I need to get better @ this

I started work at 16 and started the pension at 18. Paid in until I was 59. 6% Of my salary, from memory.

Did you then retire @ 59 or ?

Age 23. The same time as my first full time job after university.

I started when I was about 24, when I started my first full time job after leaving university.

I have already started a Junior SIPP (Junior Self Invested Personal Pension) for my school-age daughter. The transformative power of compound interest and 20% tax relief will give her a very helpful boost to her pension when she's older. I hope she'll think nice thoughts about her mum and me when she's reaping the rewards!

About 26

As soon as I started full time work after uni, at 21.
I am fortunate to have a final salary pension and another average salary pension (different schemes - USS and LGPS) so the one aspect of my life that is going well is the pension….rest is a bit of a disaster though.

1st full time job, age 21. Had it drummed into me growing up how important pensions are so I just did it. I’ve only recently got a handle on how pensions really work and how much I actually need to save however, nearly 20 years later!

From my very first job. 50s now and it’s really paying off tbh. I’ve never felt like I had to make sacrifice for it because I always priced it in

It’s always a good age to start if you haven’t though

Haha I’ll be the odd one out!! When I was about 28 I think, very minimal amount. Now I’m 42 and pay in a larger amount, however as I’m in debt I think it makes more sense to pay that off before I pay more into my pension

Am worse. I started at 47, last year. This is the So there isn't much in it. I will never be entitled to state pension so need to get a move on. And technically it looks like I will never retire. I will be one of those working at
102 then walk straight from workplace to crematorium. Mt husband doesn't have pension either so 🙇💩

You need to do the sums. Pension contributions are tax free.

At first full time job, 22ish. Husband has a lot more in the pot, part time work and time off for maternity leave made a difference. Now in 40s and working full time and seeing it go up more, but even though I feel I’ve been sensible it is below what the guidelines say I’ll need for a comfortable retirement.

Started work at 16 but was not enrolled in the company pension scheme until I was 18.
Started paying AVC's at 40 and when the DB pension was frozen and replaced with a DC I increased my pension contributions until I was paying over 40%.
Never had a private pension which I set up myself.

Happily retired at 57.🙂

Age 22 when I started my career. Employer would match contributions and I had clearly seen relatives have a poor old age so wanted to start building immediately. Appreciate it isn’t an option for everyone but early years contributions really allows time for compounding.

24/25 in my first full-time job after uni.

23, when I started my first job after uni. Started at about 7% of my salary, when employers didn't contribute. Now 52 and planning to retire asap after 55. I am paying in about 30% of salary now, as I put everything over 100k in pension and employer also makes contributions.

When I started my first 'proper' job at 25. Unfortunately it's gone from final salary to career average but I'm still grateful for it. Teacher's pension scheme so I've never had to make any choice or decision to do it aside from ticking the box 25+ years ago.

I have a small teachers pension but once I left and had my dc I became a sahm so I started a private pension then.

24 when I got my first full time job. Can take it at 60 with a small lump sum of about 20K. Other pension which I started when I moved jobs can’t be claimed until I’m 68. Could draw a lump sum from this one too if I wanted. I’m hoping to finish full time at 60, draw on my first pension then work part time for 8 years until I can claim my other one too. I’m 45 now and the thought of 15 more years full time is just about bearable. Mortgage will be gone in 10-12 years and DD will be done with uni then too (if she goes). I’m single, no partner’s income etc to rely on. I may get inheritance of anywhere around 60-100K but I’m not counting on this as I accept my parents may need the money for care. I feel like I’ll be okay in older age as I’ll have my private pensions so any state on top of that will feel like a bonus (I’m not counting on that being there either).
I’ve paid in anything between 7.5% and 12% to my pensions over the years.

When I was 21.

Now 50.

Should be able to afford to retire when I’m 61/62 and have a great standard of living.

I did. I assumed I was getting the state pension at 60 but I was a WASPI so had to wait another seven years for the state pension. I was bored anyway so went and got a part time admin job for a couple of years.

@worldwidetravel2017 just to note I never had children, my choice, so I did rack up a pretty good pension, mortgage paid off long before retirement so being WASPI was not too much of a hardship compared to some women.

25. I'm now 66

How are they - if you’re paying into it with money that’s already been taxed?