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5 Expensive Pension Mistakes That Are More Common Than You Think

November 4, 2017 By Ahmad Raza 104 Comments

A common concern among today’s youth is whether or not they’re saving enough for their retirement. Do you have an employer who matches your contributions to a pension plan?

5 Expensive Pension Mistakes That Are More Common Than You Think

And have you been regularly contributing to it? If so, you’re already miles ahead of many other 30-somethings who haven’t yet started contributing to a pension.

Many of today’s young professionals are self-employed, and organizing a pension plan is much more difficult for them. Retirement might be a long way away, but you’re going to be in a tough spot if you wait too long to start saving for it. Here are some other common pension mistakes.

Table of Contents

  • 1. Being an Inactive Contributor to Your Pension Fund
  • 2. Failing to Understand Your Workplace Pension
  • 3. Not Knowing the Fees Attached to Your Retirement Accounts
  • 4. Relying on your Property Assets to Help You in Your Retirement
  • 5. Not Understanding the Tax Breaks That Come With Having a Pension
    • Ahmad Raza
    • Latest posts by Ahmad Raza (see all)

1. Being an Inactive Contributor to Your Pension Fund

Some people seem fine with the idea that a certain percentage of their pay automatically gets put into a pension. They don’t think about it ever again.

It might as well be a gym membership. In reality, it’s an expensive mistake to ignore your pension and let it be so automatic. Instead, be an active contributor.

John, an executive at Smart Pension, agrees that keeping track of your pension is important. “Check your bank balance often, and check your pension balance often,” he says. “Always keep yourself on track, and brainstorm ideas to increase your pension while you actively look over the numbers from the past year or so.”

I’m sure you’d increase your contributions if you knew how much you actually needed to save. But that would require you taking the time to figure out the math for yourself with regards to how much you need and when.

If investments are involved, it’s a mistake not to actively check on them and see how your funds are performing. If you aren’t actively involved in your pension, it could cost you a bunch of money.

2. Failing to Understand Your Workplace Pension

Many employees opt in or automatically join their employer’s workplace pension plan at what they think is the standard rate.

You might think that a certain percentage of your pay is being put into a pension plan. You might think your employer is matching it—that this is the norm. However, it might be worth your while to speak to HR about your options.

You might find out that if you increase your contribution, your company will actually raise its contribution and match the new, increased amount.

The workplace pension plan is one of the best employee benefits you can get. Failing to look into the nature of your pension is basically you turning down more free money from your employer.

3. Not Knowing the Fees Attached to Your Retirement Accounts

When you pay high annual fees on the funds in your pension account, the costs add up and work against you. So if you have an opportunity to choose a route that comes with a fee that’s even 1% less, take it.

There are low-fee mutual funds into which you could invest your retirement contributions. Low-fee options are worth exploring because, over time, those small fees add up tremendously.

4. Relying on your Property Assets to Help You in Your Retirement

If you’re asset-rich in the form of a nice home that you’ve invested in, don’t assume it will translate to you one day being cash-rich if you sell it.

The property market isn’t the safest bet on which to rely. You might end up in a position where you do not want to or cannot sell your property.

5. Not Understanding the Tax Breaks That Come With Having a Pension

The government encourages you to save for your retirement by giving you a tax break if you contribute to a pension.

Tax relief from the government can reduce what you owe them each year, and also increases your pension fund.

You’ll likely get a contribution to your pension from the government as a tax break. Some of your money that would have gone to the government as income tax goes into your pension instead.

Your employer takes your pension contribution and the government’s contribution as tax relief from your pay before deducting tax from your paycheck.

Educate yourself about tax thresholds as well. If you can figure out a way to earn below a certain threshold, you can get an even bigger tax break and save a ton of money in the long run.

Your individual earnings and circumstances do affect how much you get back from the government, so it’s important to educate yourself in order to avoid costly mistakes.

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Ahmad Raza

Ahmad is an MBA graduate of good humor and intelligence who hails from London. When he is not writing about technology and startups, he can be found traveling to some of the most thrilling places on earth.
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Filed Under: Small Business Advice Tagged With: business, careers, small business advice

Comments

  1. Tony smith says

    August 29, 2020 at 6:46 am

    Thank you for writing this huge amazing and informative article.

    Reply
  2. Gerd Schlegel says

    June 30, 2020 at 8:18 am

    “You’re going to be in a tough spot if you wait too long to start saving for it.” This is exactly the point, what a valuable reminder, because otherwise you can really run into problems.

    Thanks for sharing this article, this really helps out!
    Greetings,
    Schlegel

    Reply
  3. Kate Sloane says

    June 17, 2020 at 8:38 pm

    Such important reminders. I definitely jumped into my business without really thinking about long term planning and that was a huge mistake. I’ve found my way back around, thankfully, but it’s articles like these that help teach business owners to think ahead.

    Reply
  4. Don Klein says

    February 19, 2020 at 4:47 pm

    Started up my new business after retirement, I did not plan well enough it seems. Great article. Keep up the great work!

    Reply
  5. Nitin Kumar says

    January 27, 2020 at 6:45 pm

    So Many Eye Openers in this post. Things that never crossed my mind ever.
    Definitely going to work on something special for Seniors and people who are retired.
    In the mean time, will sit and plan out a retirement for myself as well for the very first time in life.
    It actually compelled me to.

    Thank You
    I Honestly do.
    Nitin Kumar would love you to read ..{50% OFF} FreeTaxUSA Coupon CodeMy Profile

    Reply
  6. Bella D. says

    January 27, 2020 at 1:41 am

    This article is an eye-opener for all. It is really good to prepare for your pension in the future. Thanks for sharing this common pension mistakes for us to avoid so that we can pay our contribution the smart way by having a not so expensive pension plan.
    Bella D. would love you to read ..11 Top Reasons You Should Be Self Publishing On Kindle To Make Money OnlineMy Profile

    Reply
  7. samra saghir says

    December 17, 2019 at 12:38 pm

    Bank retired me last year, and I am spending 90% of my pension on non-important things. Thank you so much for this lovely and useful article.

    Reply
  8. ayan biswas says

    December 17, 2019 at 5:32 am

    Hi, This article is very interesting for the youth, who really don’t know what they plan for retirement. Thanks for sharing this article. This is very Informative for all working people who are office goers.
    ayan biswas would love you to read ..Top 20 Best Selling Products on FlipkartMy Profile

    Reply
  9. Felicia Posey says

    December 3, 2019 at 3:40 pm

    Very informative! Most people wait until its too late to plan for retirement! Time flies and so does your finances!
    Felicia Posey would love you to read ..Entrepreneur Guide | 5 Most Important Factors of Local SEOMy Profile

    Reply
  10. Patrick Bowen says

    November 6, 2019 at 2:48 pm

    I think one can not save enough for their retirement. It’s such an important topic and more young people should read this articel!

    Reply
  11. Pritesh Patel says

    November 6, 2019 at 7:01 am

    This is something very informative. I will be circulating this to my social media channels for awareness.
    Great Article, I loved it.

    Reply
  12. harsh says

    October 29, 2019 at 3:44 am

    This was so informative …This what a lot of people need to know.
    I will share this with my group.
    harsh would love you to read ..Download Centralia: Homecoming For PC – Highly CompressedMy Profile

    Reply
  13. Dagim says

    October 24, 2019 at 3:55 pm

    Ahmad Thanks for your great article.
    i got a lot from your content.

    Reply
  14. Yaks Baker says

    October 21, 2019 at 9:53 am

    Nice post!! i can tell you i know lots of people who actually ended up with nothing after retirement because they made the above stated mistakes. Thanks for sharing this…

    Reply
  15. Richa Bhimani says

    August 10, 2019 at 1:25 am

    Thanks for sharing this wonderful article with us and really it is very helpful for most of the people.
    Richa Bhimani would love you to read ..Monsoon care for babies that must be followedMy Profile

    Reply
    • Alison Paul says

      September 26, 2019 at 9:11 pm

      You always provide great content and i really love your blog. Keep it up Great work.
      Alison Paul would love you to read ..Spore CD Key GeneratorMy Profile

      Reply
  16. Carl Seated says

    August 8, 2019 at 7:44 am

    This was the problem I faced at my old work place, I did not read my documents and wasn’t sure about the pension.

    Reply
  17. Larry Coleman says

    August 1, 2019 at 1:36 pm

    I always though pensions would be directed at private sector jobs. I know some nurses with pensions that make more than most Americans at their peak earnings.

    Reply
  18. Milo says

    July 17, 2019 at 5:05 am

    Interesting post thanks for sharing! It opened my eyes on the future, sometimes we’re lost in the daily routine and we lose track of what is really important…

    Reply
  19. Rupyon says

    July 13, 2019 at 2:15 am

    Yes, Pension is more important nowadays, Specially for Private sector employees. They need to secure their future through Pension.
    Rupyon would love you to read ..Top 20 lip-smacking street foods in India you should try at least once in a lifeMy Profile

    Reply
  20. Amar Singh says

    June 28, 2019 at 3:04 am

    Hey Ahmad Raza,
    Very Informative- Because I don’t Know About Such Taxes.
    It Will Very Helpful For me bcoz My Grandmother was also a Pensioner.
    So, Again Thank You Soo Much.

    Reply
  21. Anshul raletta says

    June 14, 2019 at 12:46 am

    Hey Ahmed, i`m a serial entrepreneur your information is much helpful & relevant to my tech related Start-up. Thanks a lot
    Anshul raletta would love you to read ..5 Essential Apps That Help You During DivorceMy Profile

    Reply
  22. John says

    June 10, 2019 at 1:56 pm

    Pensions are more important than salaries these days 😉 we need to save our future.
    John would love you to read ..55+ Best Canadian trivia questions with answersMy Profile

    Reply
    • Gail Gardner says

      June 10, 2019 at 11:03 pm

      Pension are a con corporations used to get people to work underpaid and long hours. They promised them full pensions and benefits in retirement in writing every year. And then they just did away with them (illegally, at the time).

      The whole idea of retirement is ridiculous. So is working yourself to death hoping you will get to enjoy a retirement! Work less now and enjoy life. Keep working and stay young.
      Gail Gardner would love you to read ..5 Reasons Why Animated Explainer Videos Could Boost Your Social Media CampaignsMy Profile

      Reply
  23. PALPAL JOSHI says

    June 3, 2019 at 5:06 am

    Thank you sir such a nice article that you”ve shared with us. You have a completely new dimension to the pension. Your article is very helpful for the common men to save money and it is important to every person to protect our self’s. This is wonderful article i think and looking forward to get more article like this form your sites and also very nice information for future planning we will secured by following your article. This post can be told as the increasing my knowledge.

    Reply
  24. Bharat says

    June 1, 2019 at 3:16 am

    Nice article sir, I learned very much about pension and save money for old time. Thanks for sharing.
    Bharat would love you to read ..Eid mubarak image, Quotes & Card wishes image latest 2019 | ME BharatMy Profile

    Reply
  25. John says

    May 29, 2019 at 10:39 pm

    Savings and pensions are such a difficult topic to navigate. No matter how much research you do, today, there’s is an additional risk we are feeling from the financial industry, ever since the ‘bad mortgage’ and financial collapse in 2008.

    Unfortunately, as you can’t trace the money and where the investment is going, because you have so many loopholes in the industry and savvy diverse funds that can liquidate into any financial pot and are managed by the likes of Gheko’s, that makes it very hard to trust financial organisations.

    But the information above is insightful and tought provoking.
    John would love you to read ..Criminal Bankers wife spent £16 million in Harrods & claims injusticeMy Profile

    Reply
  26. shital says

    May 29, 2019 at 12:30 am

    Hello Ahmad Raza

    Thanks Ahmad for sharing this article, one of my common pension mistakes was definitely not to understand it properly. This article really helped me and easy to understand.

    Reply
  27. Melinda says

    May 28, 2019 at 11:56 pm

    One thing I learned from my parents was always build up your pension from the early days of your career.
    Melinda would love you to read ..What Chemicals Do I Need for My Pool?My Profile

    Reply
  28. Archidni says

    May 28, 2019 at 9:52 am

    Hello Ahmad,
    I think saving money is not something we should do before we retire. it’s more important that we create ventures and keeping developing them over time
    Archidni would love you to read ..كيف اعرف اني حامل 15 طريقة جديدةMy Profile

    Reply
  29. Pulak Kumar says

    May 24, 2019 at 1:50 am

    An eye-opener. I’m planning to invest smartly in pension plan.

    Reply
  30. Vivek Trivedi says

    May 21, 2019 at 4:08 am

    Very informative blog! we must to know about our common mistakes and savings.
    Vivek Trivedi would love you to read ..Three Reasons Why Your Digital Transformation Strategy Should Focus on People and NOT TechnologyMy Profile

    Reply
  31. Lisa says

    May 20, 2019 at 1:38 pm

    Thank you for such a nice article that you’ve shared with us. I love to read about saving pension and expensive things. I will come again on your website for more articles.
    Lisa would love you to read ..Bike Dash MOD apkMy Profile

    Reply
  32. Sewa Mobil Bali says

    May 20, 2019 at 1:59 am

    i never can save money properly. I read too many “how to save money”, “how to invest money”, but they arenot work on me.

    Reply
    • Gail Gardner says

      May 20, 2019 at 10:21 am

      Hi Sewa,

      Most people manage their money backwards: first they spend whatever they want; then they pay their debts and monthly obligations; and then realize they don’t have anything left to save.

      Sadly, school systems intentionally do not teach money management because the wealthy get wealthier off the lack of knowledge of the masses.

      What you have to do is pay yourself first (take savings out first). Then, allot money for only necessities (water, food, shelter). Whatever is left services debt.

      This will reveal what is wrong in most people’s lives: having debt. The cost of debt is what makes everyone even more poor. Those who can’t afford to go into debt are actually better off than people who have taken on debt to live beyond their means.

      But this also reveals another issue. Many people do not make enough to support an independent lifestyle. They cannot afford food, rent, utilities and to operate a car even if they own it outright.

      What they have to do is create a lifestyle they can afford. That could mean sharing a house or apartment the way many did in college. Or living with their parents indefinitely.

      Debt puts off realizing how expensive life has become and hides inflation as people use debt to maintain a lifestyle they can no longer afford.

      For those who are capable of doing it, leaving the rat race (not being an employee) to go create income streams of your own can make a huge difference. Then you control what you earn.

      But the very first step for anyone is to not have debt. Some declare bankruptcy. Others walk away from unsecured debt and don’t answer debt collectors.

      Teach your children how badly debt will hurt their lives. (But they may have to learn that lesson the hard way even if you do.)
      Gail Gardner would love you to read ..Serpstat Pricing: Changing Pricing Policy: Don’t Miss The Last Chance SaleMy Profile

      Reply
  33. abhijit barua says

    May 15, 2019 at 2:13 pm

    Great information. We need saving for old age, caution is very much needed for the work.

    Reply
  34. Sunil Singh says

    May 1, 2019 at 9:49 pm

    Thank you very much Ahmad, you have given a completely new dimension to the pension. I was making two mistakes and after reading it I am going to correct them.

    Reply
  35. Kepler says

    April 17, 2019 at 4:50 am

    Worthy enough to share. Educating one. Must to know about our common mistakes and savings.

    Reply
  36. Jhon kein says

    April 16, 2019 at 3:05 pm

    Today wow This any eye opener about about pension.. In the company I work, I have pension account but didn’t have all these factors u enumerated at the back of my mind. Thanks for the concise and quality content article.

    Reply
  37. Dhaval Patel says

    April 16, 2019 at 2:01 pm

    This article i will share it with my dad for sure. Many people don’t know what the value of a pension is. Anyway, this is a wonderful article i think and looking forward to get more articles like this from your site. Thank you 🙂
    Dhaval Patel would love you to read ..How often to wash hairMy Profile

    Reply
  38. Nick Johnson says

    April 16, 2019 at 2:33 am

    nice article you article is so attractive i have also done some mistakes from my pension but now it is okey thanks for sharing such that post.

    Reply
  39. Nnamdi says

    April 11, 2019 at 4:09 pm

    This any eye opener about about pension.. In the company I work, I have pension account but didn’t have all these factors u enumerated at the back of my mind. Thanks for the concise and quality content article.

    Reply
  40. John says

    April 10, 2019 at 7:46 am

    this is an interesting read, i look forward not to making simliar mistakes in future.

    Reply
  41. Smita says

    April 9, 2019 at 7:40 am

    Hi Ahmad,

    This is very important thing which you have shared about retirement and many thing which are need to know everyone.

    Thanks

    Reply
  42. hannah winson says

    April 9, 2019 at 2:25 am

    Really wonderful job done here. it really helps me to gain sufficient knowledge regarding common mistakes which was done by most of the peoples, which results loss of money too. Have a great day

    Reply
  43. Shadi says

    March 27, 2019 at 10:34 pm

    Good Article. Ahmad. However, I found it veru generic, does it apply to any Pensions any where, or only for North America?

    Reply
  44. Moha Idhayath says

    March 25, 2019 at 11:01 am

    Nicely written. Very useful information for retirement planning. Thanks for sharing.
    Moha Idhayath would love you to read ..Get Ready with a Bikini!My Profile

    Reply
  45. Tessy S M says

    March 23, 2019 at 12:19 pm

    Hi Raza, Your article is very helpful for the common man to save money. Thanks for sharing.
    Tessy S M would love you to read ..10xBitcoin.com: Low-cost, Easiest and Best Opportunity for Passive IncomeMy Profile

    Reply
  46. Paul says

    March 18, 2019 at 8:51 am

    Fantastic article , there are some real actionable items here.

    I will be sharing with friends.

    Kind regards Paul

    Reply
  47. Eddie says

    March 18, 2019 at 4:25 am

    Yes, I agree. Besides pension mistakes, we always neglect the importance of online marketing. Online marketing is important not just because it helps you to get found online, but also because it can change the way your business is perceived by potential customers.

    Reply
  48. Arun Yadav says

    March 8, 2019 at 4:20 am

    very responsive information. i really loved it. today expense is increasing & mistakes also.

    Reply
  49. Amit G says

    March 2, 2019 at 5:52 am

    Exactly. I totally agree with you. Everybody needs to think about their future. Better we should invest now. Good article.

    Reply
  50. Haricharan says

    February 22, 2019 at 11:16 am

    The majority of individuals do not know the value of their pension funds until they retire. They don’t even bother to check what is their pension benefits when they join new company.

    Thanks for helping people to plan their pension fund.
    Haricharan would love you to read ..How SaaS products can help you start an online business for free?My Profile

    Reply
    • ampe kim says

      March 8, 2019 at 3:55 am

      I want to say thank you very much with your post. This article is very usefully for me.
      I’m sure you’d increase your contributions if you knew how much you actually needed to save. But that would require you taking the time to figure out the math for yourself with regards to how much you need and when.

      If investments are involved, it’s a mistake not to actively check on them and see how your funds are performing. If you aren’t actively involved in your pension, it could cost you a bunch of money.
      ampe kim would love you to read ..Top 5 máy đo ánh sáng được ưa chuộng nhất hiện nayMy Profile

      Reply
  51. Haricharan says

    February 22, 2019 at 11:07 am

    Thanks for sharing your knowledge! It helps to plan my pension fund.

    Reply
  52. Chase says

    January 14, 2019 at 6:02 pm

    Thanks for the key advice. Pensions can be complicated and having a clear understanding of the financial implications at each part of the process is critical.
    Chase would love you to read ..Drawback Program OverviewMy Profile

    Reply
  53. Akash Mondal says

    January 14, 2019 at 2:23 pm

    You are right. We need to educate our self as much as we can. This post can be told as the increasing my knowledge. Thank you such valuable information. Keep it up.
    Akash Mondal would love you to read ..Funny WiFi Names For HomeMy Profile

    Reply
  54. Brooks Manley says

    January 12, 2019 at 4:32 pm

    Very informative – I didn’t know about potential tax breaks that come with pensions. Thanks so much for sharing!
    Brooks Manley would love you to read ..What Is Creativity?My Profile

    Reply
  55. Jimcy Johnson says

    January 5, 2019 at 1:18 am

    The information is very valuable as it educates about the need for employment and self earn, also about the value of money. Keep sharing valuable thoughts…

    Reply
  56. Chuck says

    December 31, 2018 at 1:57 am

    Informative post, we all need to know these, Can you write about how to start a secure business with pension’s money?

    Reply
  57. Kanchan Bhatta says

    December 16, 2018 at 12:23 am

    You are right, its necessary to educate ourselves. Some years of funding could bring more than what we expect in our old time. I will also recommend my elders about this. Really helpful article.

    Reply
  58. Karl Anders says

    December 15, 2018 at 5:32 am

    I don’t currently have a pension seeing life insurance as more of a priority with 2 small children. Maybe looking into a pension is the next step for me.

    Reply
  59. MARIA FRAJI FRANCIS says

    December 15, 2018 at 12:58 am

    Thanks for sharing this information. This will help me to plan my pension in a better way.

    Reply
  60. Gary Pearce says

    December 7, 2018 at 3:57 pm

    I totally agree I am 42with no pension because I thought I did not need one when I was younger and now I just can’t see the point. Need to sort things out as TV aerial installing is not going to be around much longer now that 5G is getting rolled out in Leeds.

    Reply
    • Gail Gardner says

      December 7, 2018 at 10:09 pm

      Don’t feel bad, Gary. I had a full corporate pension, but was 2 years short of 25 years when they decided the CEO and board deserved our pensions more than we did. In spite of it being illegal at the time, and our having the promises in writing every single year, *poof*

      We sure have hosed up how life should be. Working yourself too hard in hopes of a retirement someday is a stupid way to live. And if we had real relationships, no one would need a pension because their communities would happily support them in their old age.
      Gail Gardner would love you to read ..WordPress Gutenberg Mandatory Change Dec 6 2018: Why You MUST DO THIS NOW!My Profile

      Reply
  61. david says

    December 5, 2018 at 2:37 am

    Thank you for the article, Kumar. Thinking about the idea of getting old without any meaningful income makes some grey hairs from time to time. I’m in my midthirties and it’s time to evaluate such things. very usefull information
    david would love you to read ..New Microsoft Surface Go (Intel Pentium Gold, 8GB RAM, 128GB) Price, ReviewsMy Profile

    Reply
  62. Paul says

    November 22, 2018 at 1:08 pm

    Besides a pension, has anyone heard of a SEP IRA? This is another great tool that I use to help Golden Financial employees and myself, as a business owner.

    Reply
  63. Andrew Green says

    November 16, 2018 at 11:19 am

    I think the most common problem is not saving for your old days. Here starts the problem…
    Andrew Green would love you to read ..Shaving Tips for MenMy Profile

    Reply
  64. Ankit says

    November 14, 2018 at 10:11 pm

    What is benefit of tracking pension contribution actively?
    can you suggest me that how to plan invest my pension? I currently choose automatic choice Can I change it later?

    Reply
  65. Yashamachine says

    November 14, 2018 at 3:12 pm

    It’s different from time to time and country to country. We are getting old without any huge income makes some grey hairs from time to time.

    Reply
  66. Tim Kettler says

    November 13, 2018 at 8:26 am

    Great article. I think that most people don’t participate in a pension plan at their place of business due to a lack of understanding and knowing all the facts such as fees and such. Your article brings so light to the subject,

    Reply
  67. Ben Olsen says

    November 5, 2018 at 12:02 pm

    Hi Ahmad,
    The list is pretty interesting and also useful. However i think most people fail to understand the workplace pension…

    Reply
  68. Fouzia says

    October 29, 2018 at 3:13 am

    I extremely agreed with your all pension failure points. No-doubts same mistakes are happening in pension system.

    But i also want to add a point. Recently a lot of pension accounts was going on and their amounts was receive by the high authority person. He was receiving illegally. Because dead persons were those people, they have no close relatives for pension receiving. That’s why a corrupt high authority was receiving pension amount on the behalf of that dead people. Approximately, 200+ pension accounts were running in the same way. Which is very serious condition behind the bad governance for any country.
    Fouzia would love you to read ..DriverToolkit 8.6.0.1 License Keys with Emails – Free ActivationMy Profile

    Reply
  69. Sumit Kumar says

    October 27, 2018 at 10:39 am

    Saving money and investing it in the right area is a very important thing. We should start it as early as possible in our life.
    Sumit Kumar would love you to read ..3 Ways to Fix “You are Not Authorized to Access this Web Page as Per the Dot Compliance”My Profile

    Reply
  70. Nelson says

    October 9, 2018 at 6:31 pm

    Your individual earnings and circumstances do affect how much you get back from the government, so it’s important to educate yourself in order to avoid costly mistakes. Very right. Thanks a lot for sharing. Very interesting to read. Thank you for sharing information.
    Nelson would love you to read ..Smart Drivers Choose Garmin Nuvi SeriesMy Profile

    Reply
  71. Guntaka Subbareddy says

    October 6, 2018 at 4:40 am

    Do you have an employer who matches your contributions to a pension plan?No I think!

    Thanks

    Reply
  72. Sanjay kumar says

    October 3, 2018 at 9:46 pm

    We all must save for our old age.
    I appreciate your information. It was very informative to the people for their future.

    Reply
  73. shivanh singh says

    September 24, 2018 at 6:59 am

    I almost read this article 4 times, every time I learn something from it.
    Thank you so much admin.

    Reply
  74. Hunter says

    August 27, 2018 at 7:26 pm

    Hello!
    I currently put aside 15% and my work matches 3%. What do you recommend for knowing whether that will be enough?
    Thanks!

    Reply
  75. Arup Samanta says

    August 19, 2018 at 12:49 pm

    Hi
    Sir Ahmad,
    Very Informative article about 5 expensive pension mistakes. You are described very important pension mistakes. Thank you for sharing this article.
    Arup Samanta would love you to read ..How To Earn Money By Writing Small ReviewsMy Profile

    Reply
  76. Bobby says

    August 17, 2018 at 3:05 am

    Hello Ahmad, thanks for sharing this most interesting and informative article about the most expensive pension mistakes that are common in today’s world. Keep it up!

    Reply
  77. Eric brett Leader says

    June 28, 2018 at 5:30 pm

    continuous contribution in the pension fund is definitely essential. Thanks for sharing and this should definitely be considered

    Reply
  78. Riddhima Nair says

    June 21, 2018 at 4:37 am

    My father is a retired man, so for his expensive pension is enough. This post so helpful, everybody should know, I will share this article.

    Reply
  79. Rahul Roy says

    June 20, 2018 at 4:17 am

    This post explains why continuous contribution in the pension fund account is important for us and how to maintain this process. This information is very useful for every human being because after some years of funding this amount will be very large and more than our expectations. Thanks for making this post social.

    Reply
  80. Andrea J says

    June 17, 2018 at 8:11 pm

    Great article. I was just talking about Pensions with my daughter I am going to share this with her.

    Thanks
    Andrea J would love you to read ..Odunde FestivalMy Profile

    Reply
  81. Fred says

    May 13, 2018 at 4:56 pm

    Thanks for writing this article, a few years back i lost 40K, in my Workplace Pension, the worst decision of my life. I wish this article was available back in 2015! Great article and i look forward to reading more of your great writing.

    Reply
  82. Praveen says

    April 22, 2018 at 1:06 pm

    Very nice information for future planning we will be secured by following your article. Thanks so much.

    Reply
  83. Aleksa says

    April 20, 2018 at 12:31 pm

    Thank you for the article, Kumar. Thinking about the idea of getting old without any meaningful income makes some grey hairs from time to time. I’m in my midthirties and it’s time to evaluate such things.

    Reply
  84. Dem says

    March 26, 2018 at 6:16 am

    Great Information, the benefits will enable you in future when you to will be old. we should spare some cash to secure our future…so it is important to every person to protect ourselfs

    Reply
  85. Adeel says

    March 16, 2018 at 2:19 am

    Good Infos, the pension will help you in future when you will be old. we should save some money to secure our future

    Reply
  86. iram javeed says

    March 6, 2018 at 11:00 pm

    This is life saving we should save money for old age and your article is very nice i really enjoy these tips 🙂

    Reply
  87. Ritesh Patel says

    March 1, 2018 at 9:58 am

    Great post ahmed, really i realized my expensive mistakes, now i can rectify and save money.
    Thanks for sharing.

    Reply
  88. Mady says

    February 28, 2018 at 8:02 am

    Thinking is role a major part in our life. if we are establish our thinking then we able to be a better himself in our society..
    Thanks for Sharing this article…… its very interesting and helpful article..
    Mady would love you to read ..Allama Iqbal Poetry In Urdu MeerajMy Profile

    Reply
  89. Pip Gerard says

    February 26, 2018 at 5:00 pm

    This is good education and i think all need this type education to can save their money.
    I lost a lot of money in business without any plan, after years i understand business plan really is need to start any business.
    Thank you for your sharing.

    Reply
  90. swathir says

    February 21, 2018 at 6:13 am

    Viswanatha saraswathi .. Great post. It really helps the people to save their money. thanks for sharing

    Reply
  91. Zebpay says

    February 15, 2018 at 12:56 am

    Ahmad,

    Thanks for sharing this, one of my common pension mistakes was definitely not to understand it properly. This article really helped me understand what I am looking for to learn on when I retire later. Thank you.

    Reply
  92. Filipe Fontes says

    February 9, 2018 at 11:19 am

    This was so Educating …This what a lot of people need to know.
    Thanks for sharing a lot of great information with us. I will share it with one of my friends. They will realy need it.

    Reply
  93. Jenny says

    January 6, 2018 at 11:28 am

    Thanks a lot! It really helped my brother. I do have a question though regarding tip no’ 4. He has a big house that worth a lot of moeny, but he doesnt know if he should sell it now or later. The issue is that value can go up and can go down. What should he do about it?

    Reply
  94. Amy Grunewald says

    November 9, 2017 at 10:01 am

    Thank you for such a nice article that you’ve shared with us. Saving money for yourself is not as easy as it seems to be.

    Reply
  95. Abhilasha Sharma says

    November 6, 2017 at 1:50 am

    Ultimately, after spending many hours on the internet at last we’ve uncovored somebody that surely does know what they are. Thanks you for sharing wonderful article. Great post. I will be your regular visitor.

    Reply
  96. Robin Khokhar says

    November 6, 2017 at 12:29 am

    Hi Ahmad,
    These are important things you have shared and Every working person should go through this post.
    Thanks for sharing.
    Have a good week ahead.
    Robin Khokhar would love you to read ..How Much traffic is needed to make $100 per day with Adsense?My Profile

    Reply
  97. Tentacles says

    November 5, 2017 at 10:30 pm

    Your individual earnings and circumstances do affect how much you get back from the government, so it’s important to educate yourself in order to avoid costly mistakes. Very right. Thanks a lot for sharing. Very interesting to read.

    Reply
  98. Kido says

    November 5, 2017 at 3:01 pm

    This was so Educating …This what a lot of people need to know.
    I will share this with friend right away

    Reply
  99. Rajkumar says

    November 5, 2017 at 6:45 am

    Hi Ahmad,
    Your post about highlighting the need for self employed professionals to start saving keeping an eye of the retirement time is worth pondering.
    Yes, we need to be cautious and careful about how our savings need to be started to enjoy an old age life which is away from tensions and money related issues.
    Rajkumar would love you to read ..OnePlus 5T with 18:9 display spotted on GFXBenchMy Profile

    Reply

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