19
Mar
2016
A question about : NEST Growth
I'm setting up a spreadsheet to hopefully accurately predict what my pension pot could be in 30 years time, and was wondering what growth I could expect from my NEST pension, net of any fees.
My pot is currently invested in the NEST Higher Risk fund. I have the fund factsheet from 2013, but mentions nothing about anticipated growth.
Can anyone advise a base figure?
Best answers:
- I make it Ј195k, assuming you don't increase your contributions.
However, if inflation runs at 2.5% for 30 years, this is the equivalent of Ј93k of spending money in today's terms. - would you not be better putting it onto a private pension than NEST? Nest really is kinda useless ... only good for getting your employers input ... i'm hoping legislation changes in a few years so that i can come out of it
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