First; if you are only an Individual Pension (IPP) Scheme,there is no mandatory retirement age. You decide for yourself at the time of joining...it can 80yrs or 40yrs or anything that suits YOU. Second,returns from pensions schemes are nothing to write home about; you will be lucky to get above 10%pa. However,don't forget the tax exemption benefit....but you lose it if you withdraw the money before your declared retirement age. @Leona; I used to have an IPP at CFC Life; one nice afternoon I passed by there to find out why they hadn't been sending me satements for three years. I found out that the scheme had been earning about 6% during the 3yr period! I closed the account immediately and withdrew ALL the cash....veterans will remember my thread about 'a million bob sitting in a dormant pension account' In short...CFC Life is not very good...administratively and in terms of returns. My wife has an IPP at ICEA; returns are quite good (compared with the joke at CFC) and they keep her informed regularly. A final word on IPPs: treat them like ordinary pensions for employed people. Don't put more that abou 5% of your gross income...remember,NSSF take only abour 400bob!! A pension is NOT you main investment scheme. Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

Pension is not an investment! Put a low amount aside like 5% then invest the rest wherever you want