EPISODE · Feb 9, 2024 · 8 MIN
Ask Us Anything: Should you be worried about a 'pension crisis'?
from Making Money · host Damien Jordan & Timeyin Akerele from Most
The questions are all about pensions this week: What are our thoughts on a ‘pension crisis’ for Millennials/Gen Z when retirement comes around? Should you reduce pension contributions in order to pay off debt quicker? What % of your income should you pay into your pension? -- 🤝 Find the right financial adviser service for you & book free chat: https://makingmoney.email/financial-advisors-audio 🎉 Sponsors Franchise Exhibition - go for free: https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: https://makingmoney.email/taxzap Vanta - Get your company secure and compliant: https://vanta.com/makingmoney 📈 Investment platforms we use: Trading 212 Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1. https://www.trading212.com/promocodes/MM If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account. InvestEngine Get a £25 bonus when you invest at least £100. https://investengine.pxf.io/daOD2Q Vanguard https://www.vanguardinvestor.co.uk/ This is not an affiliate link. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. … This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
What this episode covers
The questions are all about pensions this week: What are our thoughts on a ‘pension crisis’ for Millennials/Gen Z when retirement comes around? Should you reduce pension contributions in order to pay off debt quicker? What % of your income should you pay into your pension? -- 🤝 Find the right financial adviser service for you & book free chat: https://makingmoney.email/financial-advisors-audio 🎉 Sponsors Franchise Exhibition - go for free: https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: https://makingmoney.email/taxzap Vanta - Get your company secure and compliant: https://vanta.com/makingmoney 📈 Investment platforms we use: Trading 212 Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1. https://www.trading212.com/promocodes/MM If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account. InvestEngine Get a £25 bonus when you invest at least £100. https://investengine.pxf.io/daOD2Q Vanguard https://www.vanguardinvestor.co.uk/ This is not an affiliate link. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. … This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
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Ask Us Anything: Should you be worried about a 'pension crisis'?
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