ken_ichikawa Report post Posted January 10, 2011 Russian state propaganda channel says UK retirement is bleak and 'orrible. What does the MSM in the UK say? Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted January 10, 2011 RT is actually pretty good. Where IS good to retire? Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted January 10, 2011 (edited) Obviously the root of all this evil is greed and high property prices. See the investment section for discussion on pensions. I don't expect to retire on any sort of pension... I'm going to take any savings at age 65, travel the world, do all the 'bad' things and then jump off a bridge. Edited January 10, 2011 by guitarman001 Quote Share this post Link to post Share on other sites
LJAR Report post Posted January 10, 2011 my wife's grandparents live in an old council house in Southampton that they bought with the right to buy and live of the couple's state pension only. they even have enough left over to give us money for Christmas, and she gets a tenner every time we visit (each one telling her not to tell the other!) So I never really believe the retirement scare stories. Quote Share this post Link to post Share on other sites
payback period Report post Posted January 10, 2011 Good grief, Lydia (OAP in the clip) says she may have to sell her home to release money for her pension. RADICAL! Quote Share this post Link to post Share on other sites
goldilocksporridge Report post Posted January 10, 2011 What a horrid place the world is becoming. Slave away for 40 years, get to retirement and live on peanuts until you die, or save away dilligently and get some sort disease in your 60s because you have neglected your health, and it goes to your kids. I sort of worry about my parents, as they get older. In my 30s, got a couple of properties and small pension, and other investments etc - but I do worry if its enough. - An average job 25 - 30K a year, just is not enough to have family, save for a pension and have a decent life. Just feels that mr and mrs average are being squeezed all the time.. Where will it all end i wonder. Quote Share this post Link to post Share on other sites
Self Employed Youth Report post Posted January 10, 2011 What a horrid place the world is becoming. Slave away for 40 years, get to retirement and live on peanuts until you die, or save away dilligently and get some sort disease in your 60s because you have neglected your health, and it goes to your kids. I sort of worry about my parents, as they get older. In my 30s, got a couple of properties and small pension, and other investments etc - but I do worry if its enough. - An average job 25 - 30K a year, just is not enough to have family, save for a pension and have a decent life. Just feels that mr and mrs average are being squeezed all the time.. Where will it all end i wonder. It's only recently normal people have been able to retire. And having children doesn't cost much, fed them on bread and dripping and you'll be quids in from the child benefit. Quote Share this post Link to post Share on other sites
LJAR Report post Posted January 10, 2011 It's only recently normal people have been able to retire. particularly retire for 30 years. When pensions first came in the average man could expect 2-3 years of retirement I think. Hardly surprising that finances are stretched that the same person could expect 15+ years in retirement now. Quote Share this post Link to post Share on other sites
goldilocksporridge Report post Posted January 10, 2011 It's only recently normal people have been able to retire. And having children doesn't cost much, fed them on bread and dripping and you'll be quids in from the child benefit. Joking aside - why is no one angry about this. So many people are effectively wage slaves for most of their lives, and then to retire in poverty after a long thankless career, or job. Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted January 10, 2011 We lack long-lasting vision. Governments are transitory and self-serving. Quote Share this post Link to post Share on other sites
erranta Report post Posted January 10, 2011 What a horrid place the world is becoming. Slave away for 40 years, get to retirement and live on peanuts until you die, or save away dilligently and get some sort disease in your 60s because you have neglected your health, and it goes to your kids. I sort of worry about my parents, as they get older. In my 30s, got a couple of properties and small pension, and other investments etc - but I do worry if its enough. - An average job 25 - 30K a year, just is not enough to have family, save for a pension and have a decent life. Just feels that mr and mrs average are being squeezed all the time.. Where will it all end i wonder. The City(bankers) have been/are taking more and more out of pensions etc in higher charges and fees - that's why. It's champers, coke and ho's all the way. Grab what you can fast & retire into relative obscurity. This is far more noticeable when City share frauds are not performing well and the charges eat most of the pension/fund up during the crucial first 15-20yrs. Another reason why all those mis-sold 'endowments' never get near 'projected' final figures anymore! Quote Share this post Link to post Share on other sites
goldilocksporridge Report post Posted January 10, 2011 The City(bankers) have been/are taking more and more out of pensions etc in higher charges and fees - that's why. It's champers, coke and ho's all the way. Grab what you can fast & retire into relative obscurity. This is far more noticeable when City share frauds are not performing well and the charges eat most of the pension/fund up during the crucial first 15-20yrs. Another reason why all those mis-sold 'endowments' never get near 'projected' final figures anymore! Yep - and what about employers not paying people enough for the job and responsibilties. Quote Share this post Link to post Share on other sites
ken_ichikawa Report post Posted January 10, 2011 (edited) Joking aside - why is no one angry about this. So many people are effectively wage slaves for most of their lives, and then to retire in poverty after a long thankless career, or job. I partake in dangerous sports. One day I won't be lucky although part of me will live on in others (organ donation). It really won't matter. Btw I would so much love to do something about it...... however I am just one man and the people like their lot in life and want to retire in poverty. They don't want to be educated and they like the society getting worse. Edited January 10, 2011 by ken_ichikawa Quote Share this post Link to post Share on other sites
goldilocksporridge Report post Posted January 10, 2011 I partake in dangerous sports. One day I won't be lucky although part of me will live on in others (organ donation). It really won't matter. Btw I would so much love to do something about it...... however I am just one man and the people like their lot in life and want to retire in poverty. They don't want to be educated and they like the society getting worse. Yeah most people as long as they can get pissed at the weekend, buy rubbish in the shops etc - they are happy to ignore the fact they are powerless little slaves. Quote Share this post Link to post Share on other sites
General Congreve Report post Posted January 10, 2011 Joking aside - why is no one angry about this. So many people are effectively wage slaves for most of their lives, and then to retire in poverty after a long thankless career, or job. Tell you what, they can stick their retirement on my, my children's and my grandchildren's tab. Not sure what we'll do, but as long as they're alright, that's the main thing. Quote Share this post Link to post Share on other sites
Wahoo Report post Posted January 10, 2011 Yeah most people as long as they can get pissed at the weekend, buy rubbish in the shops etc - they are happy to ignore the fact they are powerless little slaves. +1 Not forgetting XY Factor and Cum Dancing. Quote Share this post Link to post Share on other sites
Guillotine Report post Posted January 11, 2011 Good grief, Lydia (OAP in the clip) says she may have to sell her home to release money for her pension. RADICAL! I bet she never worked a day. Quote Share this post Link to post Share on other sites
Guest The Relaxation Suite Report post Posted January 11, 2011 Joking aside - why is no one angry about this. So many people are effectively wage slaves for most of their lives, and then to retire in poverty after a long thankless career, or job. Because in the grand sweep of history this is as good as working people have ever had it. Quote Share this post Link to post Share on other sites
