What age do you plan to retire?
04 March 2005, 02:58 PM
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What age do you plan to retire?
What with Labour raping our pensions etc. is the average retirement age going up?
On the other hand you don't want to get to the age of 76, for example, by which time it will be too late to enjoy your little nest egg you are so proud of!
I'm aiming for 50 (and the possibility of having to leave the country I hold so dear in order to escape legalised theft by the government)
On the other hand you don't want to get to the age of 76, for example, by which time it will be too late to enjoy your little nest egg you are so proud of!
I'm aiming for 50 (and the possibility of having to leave the country I hold so dear in order to escape legalised theft by the government)
04 March 2005, 03:01 PM
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I'd like to aim for 55 or so, not sure it will happen. Definately will have to leave the country, already making moves to acquire the property in the next few months. Go for a run down old barn in the sticks in France and do it up over the next 20 years or so.
04 March 2005, 03:01 PM
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Deffo no later than 55, my mortgage is paid off by then and I will inherit millions from my dead parents. They should be dead by then as surely no one lives much past 76 years of age 
04 March 2005, 03:01 PM
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well. all being well, morgage paid off for 46 do a couple of years major saving ontop of what Im doing now, somewhere between 50 and 55 
04 March 2005, 03:03 PM
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Originally Posted by Jye
Deffo no later than 55, my mortgage is paid off by then and I will inherit millions from my dead parents. They should be dead by then as surely no one lives much past 76 years of age
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04 March 2005, 03:06 PM
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Ideally 55.
I do dream of getting a huge pile of cash and never having to work again but I don't play the lottery as I know full well that the odds are so bad and it's a tax on the stupid Perhaps I should
I do dream of getting a huge pile of cash and never having to work again but I don't play the lottery as I know full well that the odds are so bad and it's a tax on the stupid
Perhaps I should
04 March 2005, 03:26 PM
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No point in planning when you want to retire - if our Stalinist government gets back in they're gonna make like Maxwell with your pension funds.
Brown has had his snout in our pensions to the tune of £5bn a year by abolishing dividend relief.
Total pensions invested in the stock market right now worth c£1,000bn - assuming identical asset allocation, this is estimated to have been worth £1,300bn if Brown hadn't pulled his trick. i.e. the stock markets are depressed because of New Labour's actions - both driectly as there is less invested and indirectly because of all the pension holes they have caused.
Pension protection legislation is lacking - Labour have known about this for years and done nothing about it.
They have now had the audacity to cap (!) the amount people can have in their pension pots - WTF?
Stealth taxes, lies and spin - and people still vote for them?
Gordo
Brown has had his snout in our pensions to the tune of £5bn a year by abolishing dividend relief.
Total pensions invested in the stock market right now worth c£1,000bn - assuming identical asset allocation, this is estimated to have been worth £1,300bn if Brown hadn't pulled his trick. i.e. the stock markets are depressed because of New Labour's actions - both driectly as there is less invested and indirectly because of all the pension holes they have caused.
Pension protection legislation is lacking - Labour have known about this for years and done nothing about it.
They have now had the audacity to cap (!) the amount people can have in their pension pots - WTF?
Stealth taxes, lies and spin - and people still vote for them?
Gordo
04 March 2005, 03:26 PM
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Had it forced upon me at 53 with this fecking back. Lucky I sold up down south and moved north, some dosh to bide me over but hell knows whats around the next bend!
04 March 2005, 03:37 PM
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And what do you all plan on doing when you retire?
It sounds great retirement,but my next door neighbour is retired and spends most of the time power washing his drive.............
Personally,my goal at the moment is to get myself in a position where i love my job so much i dont want to retire.
It sounds great retirement,but my next door neighbour is retired and spends most of the time power washing his drive.............
Personally,my goal at the moment is to get myself in a position where i love my job so much i dont want to retire.
04 March 2005, 03:40 PM
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Originally Posted by paulr
And what do you all plan on doing when you retire?
It sounds great retirement,but my next door neighbour is retired and spends most of the time power washing his drive.............
Personally,my goal at the moment is to get myself in a position where i love my job so much i dont want to retire.
It sounds great retirement,but my next door neighbour is retired and spends most of the time power washing his drive.............
Personally,my goal at the moment is to get myself in a position where i love my job so much i dont want to retire.
Well as in reality most of us are likely to still be working in our 70's, that's probably not a bad idea!
04 March 2005, 03:40 PM
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Well, I don't have a spare moment in the day. Used to do a Job I loved and couldn't ever think of not doing it, things changed, went through a period of "oh **** I'm going to go mad!" , then somehow, found myself really feeling quite good about my new life.
04 March 2005, 03:56 PM
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Originally Posted by OllyK
Well as in reality most of us are likely to still be working in our 70's, that's probably not a bad idea!
It finding something to give you a purpose thats the hard bit.
04 March 2005, 04:24 PM
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Originally Posted by paulr
Only if you want a high standard of living.The truth is most people could probabyl retire to a small house/old car etc if they wanted.
It finding something to give you a purpose thats the hard bit.
It finding something to give you a purpose thats the hard bit.
04 March 2005, 06:12 PM
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Originally Posted by gareth123
Before 35. On course too.
04 March 2005, 08:59 PM
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Originally Posted by Ted Maul
I'll probably die at my desk
just kidding bros haha hows u mate
yes i dont know what retire means im a pak1
work till u drop just like ted would
04 March 2005, 09:15 PM
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50 for me, final salary pension.
But that really wasn't the point of the thread was it.
Just another political thread which are all starting to really pi55 me off.
Cheers
Lee
But that really wasn't the point of the thread was it.
Just another political thread which are all starting to really pi55 me off.
Cheers
Lee