So young people need to save more for retirement. Well this all seems sensible. But save in what? I know my answer but. The author here says that no pension manager predicted that pension pits would need to raise from £68k to £107k in 3years. What they fail to highlight is that you may build a £107k pension but if you’re 30 now, what will you actually need in 37years to keep your purchasing power? Would £250k be conservative? What about £500k??

I know what I’m saving in but I do worry about everyone pouring more into there pension to hit some magic number that keeps getting higher and higher as the money supply is continuously debased. Makes me really sad and mad all at the same time.