Maxine, 50, works as a housing manager, and hopes to retire in 15 years, when she turns 65. She has three pensions – one her mum started for her years ago, a private pension, and a workplace pension.
She says of before this time: “I never went into the pension straight away on joining [a new company], I always joined later on. Because I used to just see it as another deduction out of my salary.
“But it was really around that time that I started to think, ‘Actually, if I change jobs now, I’ll make sure I start paying into the pension from day one.”https://www.express.co.uk/”
With market volatility during the coronavirus (COVID-19) crisis, some may be concerned for their pension savings.
While Maxine hasn’t contacted her providers about it, instead deciding to “wait and see – see what happens”.
“It’s a back of the mind worry,” she says. “I don’t worry about it every day but I do think about it sometimes, I have to say. And I do think, ‘What is actually going to happen?’ Because…