How to Start a Pension at 20

If you can start contributing to your pension at 20, we're talking 10%, which is why many people now are starting because of auto enrollment at the age of 22. The early money put away earlier because of compounding is worth more than money put away later. Do not throw away a hidden pay rise by opting out if you are an employee. If you have very high debts and children, you may have to opt out but I'm not trying to say it's shame for those who do. Get on board with my tips - they could save you thousands in the long-term.