Apparently it's a saying that the only young people who really think about pensions are the ones working in them. Which could be just one of the reasons that women are disproportionately in danger zone of not having much in the pot when retirement comes around.
What it means: New research by a pension fund called Fidelity International shows that women currently in their late 20s or early 30s are likely to have 11% less saved up for retirement by the time they're 68.
A lot of the money for your pension comes from your workplace, through a scheme that everyone above 22 earning £10,000 or over is auto-enrolled into. It adds a certain percentage of your salary to your pension 'for free', though you're also expected to add into it from your own salary.
But in what Fidelity calls the 'motherhood penalty' and 'good daughter penalty', women are still more likely to work part-time for some of their lives, either to have kids, or to take care of elderly parents – which means they stop qualifying for pension contributions from their work.
Young people generally aren't thinking as much about their pensions as we probably should be: not only because of all the jargon and confusion around the subject, but also because the cost of renting a home, combined with insecure work, means saving for something we won't need for another 50 years time isn't very high on our priority lists.