We Missed One Pension Plan – Apparently We’re Getting Old

There are nine years left until my remaining four private pension plans are paid out.

During the recent downturn in US technology stocks, I decided to sell off most of the funds in my two largest pension plans (which together represent almost 80% of the total value) and reinvest the money in funds with greater exposure to these stocks. With such a long time horizon, it felt like the right move.

My husband and I take great pride in having full control over our investments and pension plans. So you can imagine our surprise when he recently received a letter from Skandia informing him about a fifth pension plan that he had completely forgotten about.

Admittedly, it is his smallest one in terms of value. But after the recent reinvestments and with more than six years left until payout, there is plenty of time for the capital to grow significantly.

We really need to start compiling a complete overview of all our holdings……before the senile dementia sets in properly.

AI-generated image with Grok