Retirement age 80

[Waldorf]

Retirement at 80 assumes that you will rely on the state pension to be able to retire.

The government has announced that a universal pension of £140, to come in after the next election. This is not a great deal so you will have to make separate provision if you want more.

If your plans go well then you can retire sooner than 67, 68, 80 or whatever your state retirement age is.

What plans are people making for retirement?

[Doggy Styles]

Retirement at 80 assumes that you will rely on the state pension to be able to retire.

The government has announced that a universal pension of £140, to come in after the next election. This is not a great deal so you will have to make separate provision if you want more.

If your plans go well then you can retire sooner than 67, 68, 80 or whatever your state retirement age is.

What plans are people making for retirement?

This is the point I tried to make earlier. What is up for discussion is only the age that HMG starts paying your state or public sector pensions, not necessarily the age you retire.

[Mich the Tester]

Retirement at 80 assumes that you will rely on the state pension to be able to retire.

The government has announced that a universal pension of £140, to come in after the next election. This is not a great deal so you will have to make separate provision if you want more.

If your plans go well then you can retire sooner than 67, 68, 80 or whatever your state retirement age is.

What plans are people making for retirement?

Well, my first plan was to give lots of money to a pension company so they could invest it wisely and then provide me with a pension later. They lost most of the money, and what they didn't lose, they spent on posh offices, big bonusses and expensive cars; see if you can find anything about the 'woekerpolis' scandal in the Netherlands. So the new plan is to pay off the mortgage as quickly as possible and retrain to do a more relaxed job in the hope I can carry on working, at least part time, well into old age.

[bobspud]

Retirement at 80 assumes that you will rely on the state pension to be able to retire.

The government has announced that a universal pension of £140, to come in after the next election. This is not a great deal so you will have to make separate provision if you want more.

If your plans go well then you can retire sooner than 67, 68, 80 or whatever your state retirement age is.

What plans are people making for retirement?

No plans at all. I see no reason to plan for something when a government can come along and steal however much they like from the pot in the name of windfall taxes. Or even worse, base the fact that I have bothered to save as a way to ensure my house and possessions have to be sold, so that an anonymous company can charge me £500 a week nursing home fees while paying the staff near minimum wages...

In this game I expect to easily make it to 75 doing what I do now. I hope to really barrel down on my mortgage in the next few years and get it down to nil as fast as possible. But that will be so that I can enjoy life now. Not in 20 /30 years time...

[sasguru]

I love all this discussion about retiring, as I have already, approx half-way through my life.
Being self-reliant and financially able to get out of the system should be the medium term goal of everyone, I think.
Working is for losers.

[BlasterBates]

working is for losers

Sounds like a benefit fraudster.

[Bunk]

I love all this discussion about retiring, as I have already, approx half-way through my life.
Being self-reliant and financially able to get out of the system should be the medium term goal of everyone, I think.
Working is for losers.

You're only 39? I honestly had you pegged as mid to late 50s. How the hell did your life get so dull so early?

[sasguru]

Sounds like a benefit fraudster.

What are benefits?

[petergriffin]

Sounds like a fraudster.

I don't blame him. Fraud seems to be the only way of creating money nowadays. Oh but I'm repeating myself.... I'm repeating myself.... I'm repeating myself.... I'm repeating myself....

[MarillionFan]

Well, my first plan was to give lots of money to a pension company so they could invest it wisely and then provide me with a pension later. They lost most of the money, and what they didn't lose, they spent on posh offices, big bonusses and expensive cars; see if you can find anything about the 'woekerpolis' scandal in the Netherlands. So the new plan is to pay off the mortgage as quickly as possible and retrain to do a more relaxed job in the hope I can carry on working, at least part time, well into old age.

WHS

Mortgage payment(well invested equivalent), move back to the West Cpuntry and then back into tat for me on a lower salary. There's no way I'm sitting in hotels for the next 20 years or working with IT.