More pensions doom

[MarillionFan]

Rising life expectancy could speed-up the rise in the state pension age | Daily Mail Online

Oh let's increase the retirement age to 75 then.

This has to be the dumbest Tory chancellor ever. First he allows people to take out all of their private pension money, so everyone buys BTLS. Then he decides that market is overheated and decides to tax BTL and increase stamp duty. Then he decides to get rid of tax relief on pensions, so you've got feck all chance of saving a decent amount anyway, and then moves the state pension upto 75 in future years.

Can anyone guess what's going to happen when we and the next generation all get close to retirement?

Bueller? Bueller?

 

[FatLazyContractor]

Rising life expectancy could speed-up the rise in the state pension age | Daily Mail Online

Oh let's increase the retirement age to 75 then.

This has to be the dumbest Tory chancellor ever. First he allows people to take out all of their private pension money, so everyone buys BTLS. Then he decides that market is overheated and decides to tax BTL and increase stamp duty. Then he decides to get rid of tax relief on pensions, so you've got feck all chance of saving a decent amount anyway, and then moves the state pension upto 75 in future years.

Can anyone guess what's going to happen when we and the next generation all get close to retirement?

Bueller? Bueller?

Are you referring to Permies?

We contractors here choose when we want to retire

Now go post it on Netmums. You may not get laid, but you might get a hug

 

[BrilloPad]

I agree. He should have taxed fantasy first class air tickets.

 

[MarillionFan]

Are you referring to Permies?

We contractors here choose when we want to retire

Now go post it on Netmums. You may not get laid, but you might get a hug

Contractors don't have pension pots. They don't pay enough tax to warrant it.

 

[FatLazyContractor]

Contractors don't have pension pots. They don't pay enough tax to warrant it.

You were never a contractor and I claim my five free first class tickets on Waltermitty air.

 

[MarillionFan]

You were never a contractor and I claim my five free first class tickets on Waltermitty air.

I have transcended contracting.

 

[FatLazyContractor]

I have transcended contracting.

After a series of wet pants, so I heard! Brave, old sport....

 

[DimPrawn]

Everyone knows you have fun, spend, travel and enjoy life, and then when it's time to retire you marry a stupendously rich widow and live off her money / pension.

Simples.

 

[SimonMac]

Contractors don't have pension pots. They don't pay enough tax to warrant it.

My pension pot say's other wise

 

[BrilloPad]

Retirement age should be set at point when only 40% get to claim it. Which is what it was when it started.