Work 'til you drop kids...

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Fuck that shit. I'm retiring at 60 whether I can afford it myself or not. I will go on benefits and leech from the system if I have to.

I'm not working my balls off and paying my taxes all my life to not get to enjoy a half decent retirement while I'm still able to.
 
AndrewP said:
£80pm would be the difference between eating or not? Are you really that skint?
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Lads on minimum wage are unlikely to get state handouts are they? He won't have a lot of spare money. I doubt he has to pay £20 a week though for a pension, he could probably opt to pay less.
 
JC22 said:
Fuck that shit. I'm retiring at 60 whether I can afford it myself or not. I will go on benefits and leech from the system if I have to.

I'm not working my balls off and paying my taxes all my life to not get to enjoy a half decent retirement while I'm still able to.
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Exactly.
 
gillythedilf said:
"Retire when I'm 55" the amount of times I've heard lads say this over the years is staggering.Dont think anyone of them had any significant plan /drive to do so .

I'd guess if I could (which I think I could at that age ) then I wouldn't as long as I'm fit etc .
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That's my plan and I do have a plan in place, it involves being made redundant over the next two years and that's likely, so it's looking like about 90% chance that at 55 I'll be sitting in wetherspoons with the piss heads.

Hope to be mortgage free and an income off £22,000 a year if it works out right, not sure if that will be enough to live on in 15 years though?
 
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Paddy O'Dors said:
http://www.bbc.co.uk/news/business-39352654

An analysis for the Department for Work and Pensions (DWP) has suggested that workers under the age of 30 may not get a pension until the age of 70.

A second report, by John Cridland, proposes that those under the age of 45 may have to work a year longer, to 68.

Us "oldies" are pulling the drawbridge up behind us. Soz.
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A couple of years ago I heard a stat which said that 50% of the kids born in the UK would live to 100 - surely the pension age has to go up with the average death age. Kids these days will grow up realising they have to make a few sacrifices to retire.
 
peachbum said:
It was tapered. I don't know the exact years but if you were born around 1951 ( women) you got to retire at 60. If you were born in 1956 you got to retire at 65. Born between these two years and you got a tapered retirement somewhere between age 60 and 65. Born after 1956 retirement age then got changed from age 65 to age 66 ( men too i guess). I think if you were born after 1960 your retirement age will be age 67 now.
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It was slightly earlier for the birth years but I'm not sure which ones. My Mam was born in 1950 and had to work until she was 62 for state pension.
 
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