@markinthemoney: By starting your pension earlier you benefit more from compound growth. By delaying starting for just 5 years from 20 to 25 you’d need to contribute at least m 50% more to your pension to make up for the lossed gains #pension #retirementplanning #pensioncontributions

Mark | Personal Finance 💷
Mark | Personal Finance 💷
Open In TikTok:
Region: GB
Wednesday 18 September 2024 13:06:30 GMT
9277
36
28
16

Music

Download

Comments

username6489422
. :
Hello mate can you do a video on annuity vs drawdown, and which is better at 100k, 250k, 500k and 1m pension pots?
2024-09-21 12:32:27
2
kai10561056
Kai :
no point Reeves hungry for it 🤔
2024-09-19 17:23:43
3
ldn3000
Pádraig MacConnnicle :
i have a detailed log of my pension over 15 years. log started aged 30 with £40k. aged 45, it’s £665k. with contributions (sizeable) that’s 7.5% a year. this trajectory would be £3.1m by 65.
2024-09-18 15:19:59
4
ashpinches
Ash Pinches :
I work for a LGA. I contribute 6.5% (3.6k last year, they contributed 12k) earned 55k before deductions (tons of overtime!) can you calculate for me please. 30 and that was my first year in pension!
2024-09-21 11:37:51
2
bobmonkeyouah
BobMonkey :
Pension contributions drive inflation as the money doesn't just magical grow. Time for a reset
2024-09-23 13:51:40
2
mahmas01
🙄🙄 :
Not Sur how Ur calc works. I am 55 been paying over 25yr 5%+10% employer. still have only 165k in pot. Ur calculator need to factor those years when investment drop 25% 🤔
2024-09-18 17:45:37
3
To see more videos from user @markinthemoney, please go to the Tikwm homepage.

Other Videos


About