>> I'm sure younger people starting out may well be thinking there won't be a state
>> pension for them at all, so some will save like crazy into something suitable and
>> others simply will give up and not think about it, spending it on life today.
My 'kids' are 25 & 27 and both work for government bodies so have a reasonably good DB pension scheme though what it will be worth in 40years time is guesswork.
Both also have a private DC policy originally paid for by their late Grandmother who donated (IIRC) £500/pa into such a scheme for each of her grandchildren.
Of course, money paid in now and not accessible until 55/56 or whatever rule applies 30ish years down the road, should grow significantly. Even just £20 a month would be good. They're not doing it though.
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