oldie
Joined: September 2021
Posts: 7,516
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Post by oldie on Feb 29, 2024 9:32:59 GMT
A good article in the Telegraph this morning, with an emphasis on the cost of us living longer in retirement, the rump of us "Baby Boomers" now coming out of the workforce aligned with a stagnant or even declining birth rate. The implications for our country's finance are huge. We could go the Reform Party route and promise slash taxation and pretend it adds up. We could go the Reform Party / Tory Right Wing route and ignore it then blame everything on Muslims. (AND Jews and any non white person as we descend into that horrific abyss) Or we could have a grown up discussion about how we make all this add up. And vote accordingly. And pigs might fly. Just for a laugh I searched for my life expectancy from where I am now, I am 72, and to my disbelief (and horror) I was told by an actuarial source that I could expect 14 more years! The Government ONS confirmed. I started to panic, sh*t 14 more years of this...then I had a thought...I could give my old mate Nobby a tinkle...yes, and relax.😂😂 www.telegraph.co.uk/business/2024/02/29/uk-state-pension-triple-lock-time-bomb-explode/
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Nobbygas
Joined: June 2014
Posts: 4,056
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Post by Nobbygas on Feb 29, 2024 10:27:16 GMT
A good article in the Telegraph this morning, with an emphasis on the cost of us living longer in retirement, the rump of us "Baby Boomers" now coming out of the workforce aligned with a stagnant or even declining birth rate. The implications for our country's finance are huge. We could go the Reform Party route and promise slash taxation and pretend it adds up. We could go the Reform Party / Tory Right Wing route and ignore it then blame everything on Muslims. (AND Jews and any non white person as we descend into that horrific abyss) Or we could have a grown up discussion about how we make all this add up. And vote accordingly. And pigs might fly. Just for a laugh I searched for my life expectancy from where I am now, I am 72, and to my disbelief (and horror) I was told by an actuarial source that I could expect 14 more years! The Government ONS confirmed. I started to panic, sh*t 14 more years of this...then I had a thought...I could give my old mate Nobby a tinkle...yes, and relax.😂😂 www.telegraph.co.uk/business/2024/02/29/uk-state-pension-triple-lock-time-bomb-explode/State Pensions here in the UK are just a massive ponzi scheme. You pay in (and you don't know how much), and the government will pay you when you retire, but once again, you never know how much. The truth is that if people paid into a Private Pension fund instead of paying the government, they would end up with a very healthy Pension when they retire. "We could go the Reform Party / Tory Right Wing route and ignore it then blame everything on Muslims. (AND Jews and any non white person as we descend into that horrific abyss)" - Do you realize that you are now sounding ridiculous? This 'grown up discussion' you want. I assume it will be led by Labour and Tories, both who over the last 30 years, have led this country into the mess we are in? I don't think that will end well.
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