Can't post a survey but....
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The_Burg

Original Poster:

4,853 posts

245 months

Wednesday 25th April 2012
quotequote all
How can it continue? You work for 47 years. On average. How will this provide for the rest of your life? If you paid every penny you earned it would still not work.
Pensions cannot exist anymore. Inflation means you would have to put every penny you ever earned in and it still would be worth fook all 40 years later?

I honestly believe us PH are above average earners and intellectually above the proles.

So what can we do? I pay a significant part of my gross wage in, but will it be worth anything 25 years later?

Kinky

39,946 posts

300 months

Wednesday 25th April 2012
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Your thread title is now technically incorrect smile

johnfm

13,751 posts

281 months

Wednesday 25th April 2012
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You assume you are incapable of investing money at a rate greater than inflation.


Steffan

10,362 posts

259 months

Wednesday 25th April 2012
quotequote all
The_Burg said:
How can it continue? You work for 47 years. On average. How will this provide for the rest of your life? If you paid every penny you earned it would still not work.
Pensions cannot exist anymore. Inflation means you would have to put every penny you ever earned in and it still would be worth fook all 40 years later?

I honestly believe us PH are above average earners and intellectually above the proles.

So what can we do? I pay a significant part of my gross wage in, but will it be worth anything 25 years later?
Depends on your references to deduce probability.

I honestly doubt that current 30 year olds will be able to take pensions by 2052. That are actually worth anything.

Unless the government addresses the problem of the unintended consequences of excessive immigration and excessive welfare benefits. Politicians avoid difficult decisions. All thing to all men approach via a spin doctor led media is the preferred political approach. There are no votes in addressing the problems so they will be left unaddressed. No one in politics will discuss this just as no one discusses most of the major divides in society. Its uncomfortable. Why discuss it?

I think individuals need to set out their own futures and take the opportunities om offer. Never rely on the government. You will be let down, Rely upon yourself. Decide what you want and go for it.

There are opportunities and futures but fortune favours the brave. Within the UK we have been is a spiral of decline since 1945. I think this will continue. Plan accordingly.



The Law of Unintended Consequences