At what age do you plan to retire?

[Cyberman]

If you guys are all retiring, who's paying back the £1 trillion pound the government owe in debt?

I think you are in for a shock.

Minimum retirement age to collect a pension will be raised to 115.

Tax is still payable on pensions from about 5,400 pounds at 20% from age 55 until 65. The band increases to approx 9100 at 65. That's why I intend to take a hefty tax free lump sum to clear my mortgage.

[NotAllThere]

oops. I read that as "what age did you plan to retire...

[Cyberman]

oops. I read that as "what age did you plan to retire...

Many will not be retiring at all thanks to Labour and the destruction of private sector pensions.

[gingerjedi]

If you guys are all retiring, who's paying back the £1 trillion pound the government owe in debt?

I think you are in for a shock.

Minimum retirement age to collect a pension will be raised to 115.

Extermination at 60.

[DS23]

59 but it won't happen until i'm 63 and a half

[Bagpuss]

I don't know why cyberman is posting. He's 'living' proof of the waste of time paying into pensions. Seems wise at first but he's on his last legs and will only probably get to draw a few years of it. His pensions company will be quids in I blame New Lie

[Cyberman]

I don't know why cyberman is posting. He's 'living' proof of the waste of time paying into pensions. Seems wise at first but he's on his last legs and will only probably get to draw a few years of it. His pensions company will be quids in I blame New Lie

My pension has done well, not least because I stopped paying into it in 1996. The damage was done from 1997.

[Bagpuss]

boo

[SantaClaus]

If you guys are all retiring, who's paying back the £1 trillion pound the government owe in debt?

You are Mr V

I'll be living in Spain

[Cyberman]

You are Mr V

I'll be living in Spain

Good Luck Santa. I will be in Brazil !! ..... and good luck to all you taxpayers... forget saving !!