Thread: Pensions
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Old October 10 2013, 08:07 PM   #6
Into Darkness
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Re: Pensions

Scout101 wrote: View Post
Yes, put money in, and put in as much as you can afford. Every dollar put in now has that much more time to grow (even counting occasional recessions) whereas if you wait 10 years and try and start it, you'll have to contribute 5-10x as much to try and catch up to where you would have been. Time is on your side here, unless you decide to do it 'later', in which case, you'll never get there...
Thankyou for the advice.
If I may ask, what would your opinion be on ISA's? Pensions seem to have a lot of risk attached to them, would saving in an ISA be safer and give a similar level of savings?
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