🟩 Myth 1: The State Pension will be enough to live on

For most people, the State Pension alone won’t provide enough income for a comfortable retirement. Private savings and workplace pensions are usually needed to top up your income.

🟩 Myth 2: Pensions aren’t safe because investments are risky

While pensions are invested, they are usually diversified across different asset classes to manage risk. Over long periods, investments have historically grown despite short-term market fluctuations.

🟩 Myth 3: My employer takes care of everything

While your employer arranges your workplace pension, you’re responsible for checking how much you’re contributing and whether it’s enough to meet your future goals.

🟩 Myth 4: Pensions are only for older people

The earlier you start, the better. Time allows your pension contributions to benefit from compound growth, making it easier to build a larger fund for retirement.

🟩 Myth 5: Pensions are too complicated to bother with

Pensions can feel complex, but with the right advice and information, managing your retirement planning can be much simpler than people often fear.