A beginner's guide to pensions - MoneyWeek Investment Tutorials

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Comments

1. You said that if the pot is 300,000, you can buy an annuity of 10,000 per year (and you still have to pay taxes). My question is, you still have the public pension (155 per week) apart from the annuity, right?
2. Is a pension paid just once or every year during retirement?
3. I found it useful thank u
4. this guy sounds just like jimmy carr
5. Thank you so much, this video was super helpful. I was trying to find info on pensions and everything was so damn confusing. You explained everything well. I think that I may just save money myself instead of putting it into a company.
6. My concern re this is everyone is being forced into getting a private pension.  If this is a government order, why not just update/extend state pension?  Putting our money into pensions owned by private companies???  Is that 100% guaranteed from (perhaps organised) crashes?  Bankers win again.
7. So, the video was rich in contact, BUT DEAR LORD WAS IT BORING!
   
   Keep it cshort and sweet my friends, you can explain pensions in less than 3 minutes, with music in the backgroud and a bigger smile in your face!
8. My personal pension experience, avoid like the plague and do anything to save for your future other than a pension.
9. Thank you,,,,you are the best.
10. Pension scheme in UK has been updated.
11. Thank you so much for explaining this. I had no idea how pensions work in this country.
12. You go belly up every 7 years with a 401K plan. Historically, markets have a cycle of busting.
13. The defined contribution idea is simple enough. But in explaining the defined benefit idea, Tim didn't explain how the employer will figure out how much to contribute in order to end up with (1/45 x 30yrs) of FINAL SALARY. How would the employer know how much the final salary could be?
14. thank you
15. To be honest you're better off retiring to a country where the living standards are cheaper. At least you get to live like a king. I'd personally move to a beautiful country where it's cheap
16. Such an important lesson but so few people are interested! I speak to savvy professionals every day but pension planning remains such a low priority. This is not going to end well...
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18. I really enjoy your vids. Thanks!
19. Great videos as usual. Should be required viewing for all school students! One question - If the pension fund is just invested in the market anyway, wouldn't one be far better of just putting their savings into a marking tracking ETF with an automatic DRIP, letting compound interest work its magic and keeping all the pot for themselves? Am I missing something here?