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"UK workers, aged 30, should pay £824 monthly into pensions’"

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  • Closed Accounts Posts: 14,380 ✭✭✭✭Banjo String


    That seems like a crazy amount of money to be paid monthly

    http://www.ftadviser.com/2013/07/24/pensions/worker-aged-should-pay-into-pensions-qb72doQcKuoZTeo9NH1N8K/article.html

    Have you a pension or would you rather invest elsewhere?

    Jesus.

    That's a hell of a lot of money from a UK salary. I only assume the employer must pay the majority of it?


  • Registered Users Posts: 3,009 ✭✭✭Tangatagamadda Chaddabinga Bonga Bungo


    ****ing stupid idiots, invest your money in safety where there's guaranteed no risk, such as bank shares or property.

    Dopes. :rolleyes:


  • Registered Users Posts: 661 ✭✭✭Intensive Care Bear


    Thankfully because of the high rates of cancer in my family i am unlikely to ever need a pension.


  • Closed Accounts Posts: 4,180 ✭✭✭hfallada


    Well its the FT. If you put more money into your pension. The boys in the city will be making a lot more.

    But seriously the Irish pension system is a joke. Everyone gets the same pension regardless of how much PRSI you have paid as long as you make x number of contributions. It was more fair when they had the PRSI ceiling of €75,000. But someone who pays a ****load in PRSI still gets the same pension as someone who paid **** all PRSI


  • Registered Users Posts: 12,815 ✭✭✭✭galwayrush


    I like many can't afford one, so no point worrying about it.


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  • Closed Accounts Posts: 11,221 ✭✭✭✭m5ex9oqjawdg2i


    1210m5g wrote: »
    Thankfully because of the high rates of cancer in my family i am unlikely to ever need a pension.

    Wow... :eek:
    galwayrush wrote: »
    I like many can't afford one, so no point worrying about it.

    Yea exactly, just enjoy yourself now and when you're old you can just sponge off the rest of us ;)


  • Registered Users Posts: 28,799 ✭✭✭✭_Kaiser_


    I had one in previous jobs that are still out there somewhere, but seeing as...

    - I can't afford it now (now that I am entitled to start one again)
    - Pensions have been massively devalued/emptied/raided by our government

    ... it's no longer something I worry too much about


  • Registered Users Posts: 81,223 ✭✭✭✭biko


    By the time we get old the world will be truly ****ed anyway.


  • Registered Users Posts: 25,068 ✭✭✭✭My name is URL


    biko wrote: »
    By the time we get old the world will be truly ****ed anyway.

    I'm hoping for some kind of 'Logan's Run' scenario


  • Registered Users Posts: 2,333 ✭✭✭jonnyfingers


    **** I'm thirty one so should be putting loads in!

    Actually between mine and my employers contribution I put in between £600 and £650 a month so not too bad.


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  • Registered Users Posts: 463 ✭✭Christ the Redeemer


    ****ing stupid idiots, invest your money in safety where there's guaranteed no risk, such as bank shares or property.

    Dopes. :rolleyes:

    Nothing on this earth nor, IMO, this universe.


  • Registered Users Posts: 9,370 ✭✭✭Phoebas


    galwayrush wrote: »
    I like many can't afford one, so no point worrying about it.
    Can you afford not to have one? Your pensioner self isn't going to thank you for your short-termism.


  • Closed Accounts Posts: 46,938 ✭✭✭✭Nodin


    Phoebas wrote: »
    Can you afford not to have one? Your pensioner self isn't going to thank you for your short-termism.


    ...his young self will be dead by then, so he doesn't care.


  • Closed Accounts Posts: 3,516 ✭✭✭wazky


    Phoebas wrote: »
    Can you afford not to have one? Your pensioner self isn't going to thank you for your short-termism.

    My Alzheimers self wont care though.


  • Closed Accounts Posts: 14,380 ✭✭✭✭Banjo String


    Phoebas wrote: »
    Can you afford not to have one? Your pensioner self isn't going to thank you for your short-termism.

    ah here phoebe.

    Property tax. Broadcast tax. Prsi. USC water charges. .......

    I want access to your money tree.


  • Registered Users Posts: 12,815 ✭✭✭✭galwayrush


    Phoebas wrote: »
    Can you afford not to have one? Your pensioner self isn't going to thank you for your short-termism.

    I don't get paid every week, sometimes don't get paid by clients. simply don't have the money.


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