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Pictures of Pensions
Saving for a pension is rarely anyone’s idea of a great time - but sometimes there are great incentives
Employers might match your contributions- either because employment laws make them, or else because a good pension package helps to attract and retain talent (or both) Governments might provide tax incentives- around the world populations are ageing, and governments should prefer a financially independent retiring population Compound returns- though certainly not guaranteed, compound returns can work like magic ✨ over a long pension savings horizon For as long as I’ve needed to think about pension savings, it’s helped me to draw a picture 🖼️ Compound returns, tax relief, and employer matching can be extremely valuable for pension savings.
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