Workplace Pensions Explained & How I Increased My Contributions in 2021

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When we enter our 30's the reality of pensions & having retirement savings suddenly hits... We're trying to get our life 'together' and pensions is one of the things most of us realised we should have paid attention to in our 20's. Watch today's video to learn exactly how pensions work, how much you should be saving each month, and how you can 'make up for lost time' if you didn't invest property in your twenties!

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How To Increase Your Pension Contributions- Millennial Money / Finance Tips

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DISCLAIMER: Please note- I'm not a Financial Advisor, Mortgage Advisor, or Employment Lawyer. The content presented in this video are my personal opinions and for entertainment purposes only. You are responsible for the financial decisions you make xo
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There’s something super empowering about sorting out your pension! I have a sipp! Thanks for sharing Rachel x

Your-Money-Mindset
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Great video Rachel, I too have a pension video in the works. I have 2 predictions for the state pension. It will either be completely scrapped or the age will rise to 75. I just hope other young people find videos like this, because they need to hear it.🙂

AdamLubinMediaMoneyMindset
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I’ve started getting my pension in order too. I have never considered that the state pension could end or “run out” - it couldn’t happen...25+ years of NI contributions *faints*

ChikaW
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My job only puts in a maximum of 3% and I put in 5%.
Even if I increase my percentage my job will not go above 3% A shame but better then nothing.

otisedwards