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Would you put extra money in now and save it for old age or put it into an isa to enjoy it now while your still able to?

I have 9% going in my pension now and debating what to do with an additional 5% - pension or isa?

MumOfThree
over a year ago
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Johnny

This quick guide to the pros and cons of both is helpful:

https://www.aviva.co.uk/retirement/shape-my-future/live-my-future/article/isa-or-pension-here-are-pros-and-cons/

If your employer matches your pension contributions then try your best to pay in the maximum that they will match, otherwise you're saying no to free money!

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MumOfThree

Thank you interesting read, already maximize my payments to get the most from my employer.

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Pjran

Have you considered a share isa. If you pick the right share it could increase in value plus you get dividends.

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Mango4

Think it's all down to the individual and what type of pension you have .

Personally I've been paying into a private pension for many years as I am self employed , but have become disillusioned in recent years with how that's been performing.

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