In our Pensions Crisis Coach series, we aim to help ease your retirement worries. Are you concerned you’re not saving enough for your later years, do you want to know if you have enough to retire or don’t know how to find your lost pensions? Email us at money@theipaper.com. We’ll seek to get you on the right track with help from some of the best financial experts and advisers in the business.
Ruby writes… I am 28 and earn £40,000 per year. I currently live with my parents, having previously rented both with friends and my partner. My partner and I are currently looking to buy our first house in Leeds and I have £12,000 saved in a Lifetime ISA (LISA). We are also getting financial help towards the deposit from our parents.
I know I am fortunate to be able to afford a house and get on the property ladder soon and so the main things I want to save for at the moment are travel, holidays and building up a larger private pension pot for the future.
Shorts
I am still in the probationary period of a new role so have not yet been enrolled into the company’s pension scheme. In terms of pensions from previous roles, I have tracked down some of these and put them into a private pension fund via the Moneybox app.
