Cost of living

[Sheepshanks]

279 said:

Well, it's impossible to argue with the power of compound interest, but if you're on the breadline, 25 years really is a long time away, especially if it means giving up all your luxuries in the meantime.

The person still probably needs a car, phone and computer so a good chunk of that £200/mth has to be spent anyway.

279 said:

I'd also guess that it's unlikely to be a completely life changing sum of money in 25 years once inflation has nerfed some of the yields?

There's that, and also people who have the attitude that they could be dead in 25yrs!