Bob McC
Living the life of Riley
A defined benefit pension helps though doesn’t it Mick…To be honest Paul many of the comments in reference to pensions from members of this forum absolutely astound me. Saving piles of cash to invest to get you through your retirement is a high risk approach. You could retire today and tomorrow your investments could crash and then you have a miserable existence ahead of you. A skint retiree is a truly sad sight.
The most simple thing is to ensure that you have a pension that does not just get you through your retirement but should be enough to allow you to lead the lifestyle you wish to live and this is the most important thing, give you a healthy surplus at the end of each and every month to stash away. A sensible pensioner should be able to save money each month/year without even trying.
Most people no longer enjoy the luxury of one that you do.