How to get a head start and invest into my retirement

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How to get a head start and invest into my retirement Anonymous Sun Jan 13 11:13:19 2019 No.12428309 [Reply] [Original]

>inb4 might not live that long
well my family will benefit at least

I live in the UK and I am 19 years old, 20 this year. I've been researching and have some questions.

>contribute 10% of income monthly into employer pension
>open up a Lifetime ISA and contribute 10% because government gives me a 25% bonus up to £4000 each year.

I should end up with a pension of at least £160,000 (80,000 roughly each) when I am 70 shouldn't I?

>>	Anonymous Sun Jan 13 11:17:55 2019 No.12428357 >>12428309 take 10% of whatever your take home pay is and put it into savings before you pay any bills or buy anything.

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