Have you got it all worked out?

A secure pension?

We have been lead to believe that we work hard for 40-ish years and then retire on a moderate pension because that is what we deserve. The harder we work the better the pension - right!

And then there was he banking collapse, the pension fraud an all that hard earned money gone!

What about how much your saving are earning? You trust the bank to give you the best interest rates possible. I remember a time when that was in double digits. Over the years that has dropped. We now look at interest of 0.05%!!.We are lead to believe that is the best we can expect!

Let me work that out for you.

$10,000 x 0.05% = $50, per year!!!

Take that in for a while.