Pensions in the private sector - an impossible goal

[Newmeagain]

I am feeling quite depressed about my pension and it seems to me that for most people in the private sector it is impossible to accumulate a decent pension.

it feels like we have three categories of people: people in the public sector who get really good pensions; people in the private sector with very high paying jobs; and then people in the private sector with less well paying jobs and it is this last group that have no hope.

I currently have a well paying job but for many years my pay was lower and I could not increase my contributions because I was a lone parent and had to prioritise living costs. I am in my early 50s and my pot is £135k. My googling indicates that even a £400k pot (which seems like an impossible goal) would only give me a very modest annual pension. I am single, so no one to share costs with.

Jesus, are people really that hard of reading?

Whether public sector companies (with unfunded pension funds) put in 2% or 23% makes not a lot of difference, it is all coming from taxes and the pension amount is defined.

Companies shed 100k of jobs when NI went up. Do you really think another 23% increase in employing someone will help the economy.