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Older people no longer retiring?

Jamie Jay Avatar
5y, 9m agoPosted 5 years, 9 months ago
More of them working while the younger are seeing falls in employment. Video here - http://www.youtube.com/user/onsstats
Jamie Jay Avatar
5y, 9m agoPosted 5 years, 9 months ago
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1 Like #1
My dad is nearly 69 and still works full time. He's self employed so not really taking a young persons job. The trouble is he is worried he could live for another 20+ years and won't beable to afford it if he retires.
#2
the system want us to work work work so we pay more taxes, its time we stood up and did something!
banned#3
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!


You could always learn how to kick box and fight them..... Oh wait! X)
#4
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!
Got to pay for your education some how.;)
#5
LJC79
My dad is nearly 69 and still works full time. He's self employed so not really taking a young persons job. The trouble is he is worried he could live for another 20+ years and won't beable to afford it if he retires.


Hardly surprising, the state pensions paid out in this country are truly disgraceful.
#6
Inactive
Hardly surprising, the state pensions paid out in this country are truly disgraceful.


The state pensions might not be great, but they are struggling to cover the costs of all 65+ years at the moment. With the number of people living to 80+ and 90+ rapidly growing, to the point where the number of tax-payers is less than the number of retirees and children, its a reality that people need to work longer and the retirement age must go up.
#7
jah128
Inactive
Hardly surprising, the state pensions paid out in this country are truly disgraceful.


The state pensions might not be great, but they are struggling to cover the costs of all 65+ years at the moment..


They really shouldn't be, pensioners have actually paid via NI contributions for their pensions, governments have squandered their money, it isn't the fault of the pensioners that this has happened.

Oh and of course, every pensioner that is forced to work, is blocking a job for somebody else, some that have never worked a day in their lives.
banned#8
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.
#9
Inactive
jah128
Inactive
Hardly surprising, the state pensions paid out in this country are truly disgraceful.


The state pensions might not be great, but they are struggling to cover the costs of all 65+ years at the moment..


They really shouldn't be, pensioners have actually paid via NI contributions for their pensions, governments have squandered their money, it isn't the fault of the pensioners that this has happened.

Oh and of course, every pensioner that is forced to work, is blocking a job for somebody else, some that have never worked a day in their lives.


so how you differentiating between the benefit scroungers who are now pensioners......the immigrant refugeess.....who are now pensioners and the people who have worked hard all their lives, who re now pensioners?

are all people the same once you get to be a pensioner regardless of how much youve contributed to the system......or bled it dry?
banned#10
Private pension FTW
banned 1 Like #11
bykergrove
Private pension FTW

only if you can put away about £250,000+

My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.

His mates never saved a bean and are better off than them!

A complete joke of a system
#12
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system

This is so unfair ! :(
banned#13
jah128
Inactive
Hardly surprising, the state pensions paid out in this country are truly disgraceful.


The state pensions might not be great, but they are struggling to cover the costs of all 65+ years at the moment. With the number of people living to 80+ and 90+ rapidly growing, to the point where the number of tax-payers is less than the number of retirees and children, its a reality that people need to work longer and the retirement age must go up.


So true - I think people in their 20s and 30s need to face up to the reality that IF they get a pension it won't be until they're at least 70.
banned#14
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system


Did he have the option to take out a 25% lump sum at the start of retirement?

I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.

That's the plan anyway.

Tough to hear that about your father. I hope he is in good health
1 Like #15
bykergrove
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system


Did he have the option to take out a 25% lump sum at the start of retirement?

I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.

That's the plan anyway.

Tough to hear that about your father. I hope he is in good health


lol

have you even moved out of your parents house yet.......
banned#16
Yeah, I moved in with your mum.
casparwhite
bykergrove
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system
Did he have the option to take out a 25% lump sum at the start of retirement?I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.That's the plan anyway.Tough to hear that about your father. I hope he is in good health
lolhave you even moved out of your parents house yet.......
1 Like #17
bykergrove
Yeah, I moved in with your mum.
casparwhite
bykergrove
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system
Did he have the option to take out a 25% lump sum at the start of retirement?I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.That's the plan anyway.Tough to hear that about your father. I hope he is in good health
lolhave you even moved out of your parents house yet.......


a simple no would have sufficed.

how great it must be to plan for the future with no current outgoings

have they found you a wife yet?
#18
casparwhite

so how you differentiating between the benefit scroungers who are now pensioners......the immigrant refugeess.....who are now pensioners and the people who have worked hard all their lives, who re now pensioners?

are all people the same once you get to be a pensioner regardless of how much youve contributed to the system......or bled it dry?


Nope the " scroungers " that are now pensioners, will get Pension Credit and will in most cases be better off than those that have worked and saved for their retirement and only get the measly state pension.
banned#19
Anyone that can afford not to work.

Should do voluntary work or just enjoy their retirement.
banned 1 Like #20
casparwhite
bykergrove
Yeah, I moved in with your mum.
casparwhite
bykergrove
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system
Did he have the option to take out a 25% lump sum at the start of retirement?I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.That's the plan anyway.Tough to hear that about your father. I hope he is in good health
lolhave you even moved out of your parents house yet.......


a simple no would have sufficed.

how great it must be to plan for the future with no current outgoings

have they found you a wife yet?


The other 85% of his wages is going towards purchasing one.
1 Like #21
FilthAndFurry
casparwhite
bykergrove
Yeah, I moved in with your mum.
casparwhite
bykergrove
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system
Did he have the option to take out a 25% lump sum at the start of retirement?I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.That's the plan anyway.Tough to hear that about your father. I hope he is in good health
lolhave you even moved out of your parents house yet.......


a simple no would have sufficed.

how great it must be to plan for the future with no current outgoings

have they found you a wife yet?


The other 85% of his wages is going towards purchasing one.


ill put money on its in the same st as the rest of his family when/if he ever does
banned#22
DLM
Anyone that can afford not to work.

Should do voluntary work or just enjoy their retirement.

or work and become a philanthropist :)
banned 1 Like #23
bykergrove
csiman
bykergrove
Private pension FTW
only if you can put away about £250,000+My Dad saved a small amount every week for 40 years (£20) and now gets £40 per week from it. This takes my parents above the pension credit limit so they get no benefit perks at all so have to pay council tax of £180 per month.His mates never saved a bean and are better off than them!A complete joke of a system


Did he have the option to take out a 25% lump sum at the start of retirement?

I put in 15% of my salary total into my pension. Because it goes in tax free that's an extra 40% going in and the lump sum at retirement shouldn't be too shabby touch wood. But also going to buy properties to rent out. Which will pay their own mortgages off while I am working then when I retire ill use them to suppliment my pension.

That's the plan anyway.

Tough to hear that about your father. I hope he is in good health

no lump sum as pot was under £50,000

my point basically was if you cant save a lot in a private pension, then as things stand, it really is a waste of money. Hopefully the tories will change the current state of affairs whereby lifelong pension savers can be worse off than the feckless!

I saved around £100,000 into a pension fund when I worked and really wish I hadnt now.

he's well thanks

Edited By: csiman on Mar 04, 2011 11:38
banned#24
Yeah I guess with lots of these things depend on the individual. diversifying your investments is always a good idea anyway so ill keep contributing to mine.

Casperwhite racial stereotyping again? Classy.
1 Like #25
bykergrove
Yeah I guess with lots of these things depend on the individual. diversifying your investments is always a good idea anyway so ill keep contributing to mine.

Casperwhite racial stereotyping again? Classy.


always the race card.......does it get you far in life playing the victim at every opportunity?
banned#26
casparwhite
bykergrove
Yeah I guess with lots of these things depend on the individual. diversifying your investments is always a good idea anyway so ill keep contributing to mine.Casperwhite racial stereotyping again? Classy.
always the race card.......does it get you far in life playing the victim at every opportunity?


Does believing in racial stereotypes get you far in life?
2 Likes #27
In b4 race card



Oh wait!
banned#28
In b4 a dailymail reading bnp supporter pretends that racism doesnt exist


Oh wait!
1 Like #29
bykergrove
In b4 a dailymail reading bnp supporter pretends that racism doesnt exist


Oh wait!


of course racism exists,you prove it by your comments on here on a daily basis
banned#30
boothy
bykergrove
In b4 a dailymail reading bnp supporter pretends that racism doesnt existOh wait!
of course racism exists,you prove it by your comments on here on a daily basis


Errr good one :|
1 Like #31
bykergrove
casparwhite
bykergrove
Yeah I guess with lots of these things depend on the individual. diversifying your investments is always a good idea anyway so ill keep contributing to mine.Casperwhite racial stereotyping again? Classy.
always the race card.......does it get you far in life playing the victim at every opportunity?


Does believing in racial stereotypes get you far in life?


racial stereotypes...... i think youre a little paranoid

mummys boys are just mummys boys

keep playing that race card son......its the only way to integrate and be accepted dontchaknow
#32
Well one thing is certain, nothing will realistically change your race, or the colour of your skin, but we will all ( if we are lucky ) get old, so this pension stuff applies to us all.
1 Like #33
csiman
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.

it was exactly meant to work like this, you think they care about you? you think they care if you have to work till you die? no, why because your just a aniamal on a farm, and they are using you for your energy (money), you keep working and getting taxed 30% of your paycheck every month, pay inflated prices, lol work 4 ever.

your blinded if you think they want you to retire soon as poss. They want you to work long as poss, and keep consuming.

Edited By: black gerbil1 on Mar 04, 2011 17:37
#34
black gerbil1
csiman
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.

it was exactly meant to work like this, you think they care about you? you think they care if you have to work till you die? no, why because your just a aniamal on a farm, and they are using you for your energy (money), you keep working and getting taxed 30% of your paycheck every month, pay inflated prices, lol work 4 ever.

your blinded if you think they want you to retire soon as poss. They want you to work long as poss, and keep consuming.

Great points, well made. What does it mean though? Is it from Aniamal Farm? :|

Edited By: deek72 on Mar 04, 2011 17:55
banned#35
deek72
black gerbil1
csiman
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.

it was exactly meant to work like this, you think they care about you? you think they care if you have to work till you die? no, why because your just a aniamal on a farm, and they are using you for your energy (money), you keep working and getting taxed 30% of your paycheck every month, pay inflated prices, lol work 4 ever.

your blinded if you think they want you to retire soon as poss. They want you to work long as poss, and keep consuming.

Great points, well made. What does it mean though? Is it from Aniamal Farm? :|


if you could actually read you'd know that animal farm isn't about consumerism. But then again, it doesn't take much brains to go round a train track all day for **** pay.
#36
bykergrove
deek72
black gerbil1
csiman
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.

it was exactly meant to work like this, you think they care about you? you think they care if you have to work till you die? no, why because your just a aniamal on a farm, and they are using you for your energy (money), you keep working and getting taxed 30% of your paycheck every month, pay inflated prices, lol work 4 ever.

your blinded if you think they want you to retire soon as poss. They want you to work long as poss, and keep consuming.

Great points, well made. What does it mean though? Is it from Aniamal Farm? :|


if you could actually read you'd know that animal farm isn't about consumerism. But then again, it doesn't take much brains to go round a train track all day for **** pay.


Ha ha feckin ha! You've done it again Granville!! Check the spelling of animal will you?
Whooooooooooosh.
1 Like #37
Does every thread have to be trashed by the children (aka deek72 and byker)?

Edited By: linuxlinks on Mar 04, 2011 21:05
banned#38
deek72
bykergrove
deek72
black gerbil1
csiman
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.

it was exactly meant to work like this, you think they care about you? you think they care if you have to work till you die? no, why because your just a aniamal on a farm, and they are using you for your energy (money), you keep working and getting taxed 30% of your paycheck every month, pay inflated prices, lol work 4 ever.

your blinded if you think they want you to retire soon as poss. They want you to work long as poss, and keep consuming.

Great points, well made. What does it mean though? Is it from Aniamal Farm? :|


if you could actually read you'd know that animal farm isn't about consumerism. But then again, it doesn't take much brains to go round a train track all day for **** pay.


Ha ha feckin ha! You've done it again Granville!! Check the spelling of animal will you?
Whooooooooooosh.


Yes, it's spelt a-n-i-m-a-l I know you're pretty dumb but just because BG1 spelt it incorrectly doesn't mean you should copy him.

You do understand that he puts typos in on purpose to bait trolls like you? Whooooooooooooooooooooooooosh... (see what i did there? added more "o"s)
#39
linuxlinks
Does every thread have to be trashed by the children (aka deek72 and byker)?


But there I was again just minding my own business.
I didn't ask him to attack me yet again.
#40
bykergrove
deek72
bykergrove
deek72
black gerbil1
csiman
black gerbil1
the system want us to work work work so we pay more taxes, its time we stood up and did something!

how else would we pay for those that dont? The benefit system costs more than the entire amount raised from personal income tax each year!

It was never meant to work like this.

it was exactly meant to work like this, you think they care about you? you think they care if you have to work till you die? no, why because your just a aniamal on a farm, and they are using you for your energy (money), you keep working and getting taxed 30% of your paycheck every month, pay inflated prices, lol work 4 ever.

your blinded if you think they want you to retire soon as poss. They want you to work long as poss, and keep consuming.

Great points, well made. What does it mean though? Is it from Aniamal Farm? :|


if you could actually read you'd know that animal farm isn't about consumerism. But then again, it doesn't take much brains to go round a train track all day for **** pay.


Ha ha feckin ha! You've done it again Granville!! Check the spelling of animal will you?
Whooooooooooosh.


Yes, it's spelt a-n-i-m-a-l I know you're pretty dumb but just because BG1 spelt it incorrectly doesn't mean you should copy him.

You do understand that he puts typos in on purpose to bait trolls like you? Whooooooooooooooooooooooooosh... (see what i did there? added more "o"s)


Nice try son. ;)

Now will you please stop following me around?

Edited By: deek72 on Mar 04, 2011 21:12

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