20min chapter

Making Money cover image

The most important thing to do this year - Pensions expert, Tom McPhail

Making Money

CHAPTER

Navigating Pension Contributions and State Systems

This chapter explores the vital role of pension contributions in retirement planning, including the significance of employer contributions and the challenges facing state pension systems amid demographic shifts. It discusses potential future changes to state pensions, highlights the importance of understanding one's retirement target replacement rate, and examines the implications of various pension options available today. The conversation also emphasizes the need for individuals to actively engage with their pension plans while considering the evolving landscape of investment choices and risk tolerance.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode