Hello, how much pension do you guys pay out of your company bank account and put in your personal pension plan per month? I am in the process of setting this up and trying to see what other people are doing.
thank you.
thank you.
-
-
0 per month... Get a plan B -
I use up my stock/shares isa allowance first (me + wife £20k or so ISA allowance) and any any left overpay off into the mortgage. Have been advised by my IFA to steer clear of pensions at the moment, which I am happy to go along with.______________________
Don't get mad...get even...Comment
-
Talk to an IFA. The amount you contribute will depend on your personal circumstances, and it's unlikely to be the same as anyone else. It will depend on how much you need to live, how much you want to put aside, other investments you may have, whether you have kids, how old you are etc.Originally posted by kellycell View Post
Your accountant should have a good IFA they can put you in touch with.Comment
-
£700Comment
-
If you're going down the pension route for retirement planning, some advice I read was that you take the age that you start your pension at and half it. That gives the percentage of your salary that you should put into a pension.
If you start your pension at 20 then its 10%, at 40 its 20%. Makes a good case for starting your pension as early as possible.
Obviously as a contractor you should be taking "salary" to mean whatever your remuneration would be if you were not a disguised employee (*cough* I mean contractor) as your "salary" is probably bugger all.Last edited by lightng; 6 December 2010, 23:48.Comment
-
It's been zero for the last few years. Fed up of Brown's stealth tax and the restrictions on getting pension money back when you retire.
If the coalition goes ahead with allowing people not to buy a pension with the pension pot and just draw down so much per year I may start contributing a gain.Comment
-
£1000 per month plus ad hoc lump sums if I have spare cash in the Ltd Co that I don't need. Worth saying that I'm 54 and the SIPP I invest in will be used to supplement some (modest) final salary pensions from a couple of previous permie employers.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
-
£1500 per month.Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.Comment
-
I don't put anything in because I'd rather manage my own future. Pensions are good for some people but just not for me.
I'd rather invest in something that can be passed on to my children rather than just eaten up by the financial system after I have gone.
I mainly stick to ISAs and property, and a smattering of other, smaller investments.Comment
Comment