When to start pension planning

[Cat]

I don’t have a pension plan in place and I am quite sure that none of my friends given it much thought either. I was talking to my friend and she laughed at me, saying that we are too young to think about it. My parents however, who are very careful with their money, think that instead of spending money on nights out, I should save money for future. What age should I start my pension in your opinion?

[romvig]

Hi
Being young is not the reason not to think about your pension planning. However if you earn enough money, it will not be difficult for you to put aside some money of your monthly wage for the future. Such kind of planning will probably guarantee you a well-deserved pension!