D
dellas1979
Guest
I have been looking up about pensions for a couple of days now (including this site) and am still as confused as when I started.
A few things about me:
I currently work in public sector. I pay a tiny contribution a week to a pension (plus spouse and child-I have no children as of yet anyways). I am on contract there so anything could happen. I am interested in a personal pension. I can afford to contribute about €100 a month (I hope for the next 30-35 years). I dont know if I will ever need to dip into this (I hope not but who knows).
A few questions:
1. Once I pick a certain type of pension plan, so I have to stick with it? What if in, for example, 5 years I see something better/I prefer more?
2. What would €100 per month be in 30-35 years?
3. Do you just go and pick a pension yourself or are there certain places you go?
4. What happens if you die/get ill/loose your job and cant make any payments?
5. Is now a safe time to invest in one?
6. Is there a chance of loosing it all?
Thanks and sorry if some of the questions seem silly but I think there might be other people out there with similar questions.
A few things about me:
I currently work in public sector. I pay a tiny contribution a week to a pension (plus spouse and child-I have no children as of yet anyways). I am on contract there so anything could happen. I am interested in a personal pension. I can afford to contribute about €100 a month (I hope for the next 30-35 years). I dont know if I will ever need to dip into this (I hope not but who knows).
A few questions:
1. Once I pick a certain type of pension plan, so I have to stick with it? What if in, for example, 5 years I see something better/I prefer more?
2. What would €100 per month be in 30-35 years?
3. Do you just go and pick a pension yourself or are there certain places you go?
4. What happens if you die/get ill/loose your job and cant make any payments?
5. Is now a safe time to invest in one?
6. Is there a chance of loosing it all?
Thanks and sorry if some of the questions seem silly but I think there might be other people out there with similar questions.