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How much do you have saved? watch

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    Hi, im 14 with £1300 saved mostly from my ebay store, how much miney do you have saved?
    Please state your age, source of income and also do i have a good amount of savings for my age
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    (Original post by Youngmoneylover)
    Hi, im 14 with £1300 saved mostly from my ebay store, how much miney do you have saved?
    Please state your age, source of income and also do i have a good amount of savings for my age
    Age: 28
    Sources of income: Salary, online business & gambling
    Networth: About £75k.

    For your age you have a very good amount of savings.
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    (Original post by Reue)
    Age: 28
    Sources of income: Salary, online business & gambling
    Networth: About £75k.

    For your age you have a very good amount of savings.
    just found out most public sector pensions require yeh to work till 65 minimum

    retiring at 40 aint gonna happen now (much sadness)
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    (Original post by trustmeimlying1)
    just found out most public sector pensions require yeh to work till 65 minimum

    retiring at 40 aint gonna happen now (much sadness)
    That's why you should also invest outside of a pension to bridge the gap.
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    im 18, my dad and grandma saved around 12k for me, since i turned 18 i got a job and saved around six grand. so 18k.
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    (Original post by Reue)
    That's why you should also invest outside of a pension to bridge the gap.
    bridge the gap?

    you must retire at 65+ or yeh dont get a public sector pension

    so youre saying forget about it and make your own private one?
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    (Original post by mkap)
    im 18, my dad and grandma saved around 12k for me, since i turned 18 i got a job and saved around six grand. so 18k.
    I get so jealous when people say things like this... my parents haven't saved up anything for me:cry2: All my savings come from my own work:nopity:
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    Mkap has probably had a privileged upbringing in her ivory tower,you can't beat northerners for work ethic.KEEP THE FAITH LASS
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    (Original post by trustmeimlying1)
    bridge the gap?

    you must retire at 65+ or yeh dont get a public sector pension

    so youre saying forget about it and make your own private one?
    Neither. Invest in an ISA to fund the years between retirement and your pension age.
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    (Original post by Bigdobber)
    Mkap has probably had a privileged upbringing in her ivory tower,you can't beat northerners for work ethic.KEEP THE FAITH LASS
    12k is hardly an ivory tower upbringing..
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    (Original post by Reue)
    12k is hardly an ivory tower upbringing..
    It's 12000 more than **** all.
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    (Original post by Bigdobber)
    It's 12000 more than **** all.
    Very astute of you. Doesn't mean someone had a particularly privileged upbringing though.
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    I've saved up quite a lot for my age, but if you take into account student loan, I'm in minus figures
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    (Original post by Reue)
    Very astute of you. Doesn't mean someone had a particularly privileged upbringing though.
    Let's hear from mkap before we make any more assumptions
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    25 nearly looking at 200k+ net worth
    probably 60k+ savings.

    source - business
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    (Original post by Reue)
    Neither. Invest in an ISA to fund the years between retirement and your pension age.
    who knows if therel be a state pension for your pension age though...
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    Around 25K I believe.
    Goal is to save maybe 10K/year for the next two years, and buy a house. (Thus far, that's the goal any how)
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    (Original post by trustmeimlying1)
    who knows if therel be a state pension for your pension age though...
    I suspect there won't be. That's why I make overpayments into my workplace pension.
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    I got bare bills stacked
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    (Original post by Reue)
    I suspect there won't be. That's why I make overpayments into my workplace pension.
    lucky yeh wont have to work till 65 to get access to it.
 
 
 
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