Why should I bother paying into a superannuation if we’re all doomed?

If the complete of the globe is really nigh, should I be investing in shorter-term funds schemes rather than a superannuation? I currently contribute 20% of my £117,000 salary to my superannuation and my employer pays 5%. I’m 44 and worry about imminent globe wars over dwindling resources. I discover it challenging to depend a peaceful 20-year superannuation beckons. Is there a way to invest in things I could access quickly if the poop really does hit the fan?
LW, Derbyshire

I sincerely aspiration your fears prove unfounded, but apocalyptic predictions will be prompting many to inquire the same question. However, decisions around superannuation funds should not be taken lightly. I consulted Helen Morrissey, head of superannuation analysis at Hargreaves Lansdown. She points out that your superannuation is not necessarily locked away until you reach state superannuation age and you can access a private superannuation pot at 55. The age limit rises to 57 in 2028, which means you could have your hands on your money in 13 years.

Otherwise, she recommends stocks and shares Isas. You won’t get the responsibility relief provided by superannuation contributions, or the money your employer puts in, but any turnover you receive will be responsibility-free. funds Isas can also be accessed in an emergency. You aren’t exposed to the stake trade, which could be a excellent thing if Armageddon looms, but means you don’t get pool returns during buoyant times.

funds accounts can propose the easiest access in an emergency but shop around for the best rates. All have pros and cons, so it’s worth spreading your money across several to maximise potential benefits.

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