Would you take

Would you take £12,548 today? From the government for today? Give up your pension? Do that? I think... really dangerous idea. A second. Let's rewind for a second because a think tank have actually released this study with one simple idea. Under 40s decide £12,548 today, in exchange for one year of their full state pension, the line. I think it's pretty obvious that most young people would go for it. Especially if you're someone who is struggling to buy your first home, trying to afford childcare, or simply have a mountain of debt. £12,500. Genuinely an issue. £12,500. Genuinely an issue. But of course, there's an issue. The line. Retirement. State. Year. Here's. 100%. That. You hand me £12,548 from future me, and that is going into my pension. Given a 5% return rate, that would end up just shy of £90,000. So then why do most people not take this? Before I get there, at this point, if you do want to start building your own personal pension, you aren't relying on the state pension, so you can check out to start pension me to start building your own pension today. One of the most important things to why... It's if you don't have a plan to either launch... of yourself financially towards... Let's... If £12,500 most hands disappearing, disappearing quickly. Yes. It. Seriously borrowing. You. Future.