View unanswered posts | View active topics It is currently Wed Jul 22, 2026 10:26 pm



Reply to topic  [ 5 posts ] 
 State Pension Age to Rise 
Author Message
Pillar of the Community
User avatar

Joined: Mon Jun 25, 2012 8:54 am
Posts: 13949
Location: Stratford
Reply with quote
Oh well, we knew it was going to happen eventually:
http://www.bbc.co.uk/news/uk-politics-25225532


Thu Dec 05, 2013 9:21 am
Report this post
Profile
Reply with quote
Post 
I really find this offensive.

Firstly, the government shouldn't go giving handouts to those that haven't contributed. - Perhaps we might have a few bob left!

Secondly, once you have signed up and started paying NI contributions that contract ought stand unless a change is agreed by both parties.


Thu Dec 05, 2013 12:31 pm
Report this post
Pillar of the Community
User avatar

Joined: Mon Jun 25, 2012 8:54 am
Posts: 13949
Location: Stratford
Reply with quote
Post 
The goalposts are changing again: http://www.bbc.co.uk/news/business-40658774

I'm still not expecting to retire before I'm 70, though.


Wed Jul 19, 2017 5:29 pm
Report this post
Profile
Reply with quote
Post 
I've been on to my kids to look at providing for themselves.

I retired very early and was able to draw a pension at 50. I had a few insurance policies mature between 50 and 60, and when I reach 65 I have a substantial policy mature that has been running since I was 17. After that, the generous state pension kicks in at about 66 1/2. - I bet I lose most of it though because I've provided for myself... That said, I have had a nice long retirement... Hopefully, one that will go on a lot longer. ;)


Wed Jul 19, 2017 7:05 pm
Report this post
Pillar of the Community
User avatar

Joined: Mon Jun 25, 2012 8:54 am
Posts: 13949
Location: Stratford
Reply with quote
Post 
I've been paying into a pension since my early 20's, only a few pounds a month to start with, then built my contributions up over the years; about 15% of my salary goes into my pot now, including tax relief. I also pay a bit into an ISA every month.
I won't be rich when (if!) I retire, but I'll be able to get by.


Thu Jul 20, 2017 6:47 pm
Report this post
Profile
Display posts from previous:  Sort by  
Reply to topic   [ 5 posts ] 

Who is online

Users browsing this forum: No registered users and 1 guest


You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group
Designed by ST Software.