The ins and outs of a Pensioner Life??
Discussion
Few questions....pick and choose which ones you want to answer??I turn 66 on Tuesday and wondering what to expect??
1)The State Pension is the same in the Stockbroker Belt as it is in some depraved areas...is that a little odd?
2)You all have equity or fully own your house now??
3)My State Pension and Works Pensions amount to about £1250 a month ...with £350 Standing Orders monthly....do I have enough to feed and clothe myself ??
4)Do you get bored s'@@tless watching Tales of the Unexpected over and over.They were such happy times??
5)We all have funds to fall back on of course...but are they enough??.
So answer what you like( the post is very tongue in cheek).Maybe add your own questions and answers to help people heading into this stage of their life??
Some great answers ...I thought most of you would be hugely offended by the Financial Questions??My Life is an open book...I have no secrets from anyone.
Pleas keep your answers coming and remember sling in your own question/answer if you want.
I particularly like the answer that you spend less....I really not bothered about holidays...I have travelled all over and still love Britain the best....especially Calderdale where I am now.I am on my own in my property but have a lovely Romanian Partner who is way off her Pension as yet !!
Pleas keep your answers coming and remember sling in your own question/answer if you want.
I particularly like the answer that you spend less....I really not bothered about holidays...I have travelled all over and still love Britain the best....especially Calderdale where I am now.I am on my own in my property but have a lovely Romanian Partner who is way off her Pension as yet !!
Lo-Fi said:
Yeah, but what happened with your insurance? Did it sort itself out?
Yep....it wasnt a problem...thanks for asking !!Now we have to deal with the switch from a working wage to a lesser wage than I am used to..this was the reason behind the post.And the possible boredom and financial implications.
Mike Reid the Eastenders Actor and Comedian once said...."You know its not easy for the ordinary person on the Street""..and thats how life has proved to be(for me anyway!!)
Please stick to this topic.
I don't think it would kill HMRC to make the first five years of retirement tax free on earned income.
I am guessing the people who continue to work are the ones like me who woudln't even now how to claim a benefit.
Your desire to work and your work ethic has been passed down from your parents probably??In many cases the desire to live on benefits has probably followed a similar course.... Dignity is hereditary ??
I am guessing the people who continue to work are the ones like me who woudln't even now how to claim a benefit.
Your desire to work and your work ethic has been passed down from your parents probably??In many cases the desire to live on benefits has probably followed a similar course.... Dignity is hereditary ??
My brother hits 66 in 9 months. No private pension (had to cash it in to pay for his divorce) and has an £80k mortgage (same reason). He's screwed unless he downsizes, or gets planning permission to build on his 2 acre garden.
The one promise I made myself was at my SPA I would have my own property with no Mortgage....its not Buckigham Palace...but its very cosy.
I'm amazed how many of you have retired before your State Pension Age.
The one promise I made myself was at my SPA I would have my own property with no Mortgage....its not Buckigham Palace...but its very cosy.
I'm amazed how many of you have retired before your State Pension Age.
Gordon Hill said:
1. Nothing odd about it, a lot of lower paid workers don't earn enough to pay NI contributions. If circumstances permit they will get a top up by pension credit taking them up to The current 221.00 a week state pension.
I worked in that area and was working for the Government when it switched from Minimum Income Guarantee to Pension Credit...I couldnt understand the rationale behind it.I cannot understand the rationale behind most of the things behind most things that happen in this country ?? Gassing Station | Finance | Top of Page | What's New | My Stuff