How important is a company pension?

[mikecotterill]

Just wondering what people's thoughts are on a company pension? I'm 29 now and have started with a company who has a pension, they put twice what I put in. Which seems good. Obviously a lot of people would be happy with a job at the minute never mind a pension, but I'm just interested in wether people think it's something I should be worrying about?

[Steve Bullman]

I wouldnt personally worry about it....theres going to be no pension for the likes of us at retirement anyway

[born2trot]

A good company pension scheme was them matching your contributions so a company doubling this seems very generous to me almost uncannily. It can get very messy a company pension scheme because some companies can be very dishonest and not tell you of any changes they make to the point of blatant midnight robbery . It can get very complicated to work out what you are actually due and it takes the services of a special pensions lawyer to make sure you get what you are due. I would be very sceptical now.

[Tony Croft aka hamadryad]

put your money into a second property to rent, by the time you retire the mortgage is paid and the rents your income.

 

dont rely on anyone for your security, those days are LONG gone.

[Stereo]

What's a pension?

[smithers1603]

put your money into a second property to rent, by the time you retire the mortgage is paid and the rents your income.

 

dont rely on anyone for your security, those days are LONG gone.

 

I second that

[butler]

My wife is my pension:thumbup:

[mikecotterill]

My wife is my pension:thumbup:

 

What, you gonna sell her?!

[mikecotterill]

Cheers for the advice guys, got some thinking to do.

[s.varty]

put your money into a second property to rent, by the time you retire the mortgage is paid and the rents your income.

 

dont rely on anyone for your security, those days are LONG gone.

 

This is exactly what i done about 12 years ago and was the best thing i did, also all the rent is tax free.