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"Depression coming? what is it?

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Hi...reading about "grim" times ahead..Mail on Sunday suggests very bad times for imminent pensioners!!
I'm hoping my situation is secure....no Mortgage....good savings ....An NHS pension / lump sum....no significant debts....or am I dreaming?? any comments..ta

Comments

  • dunstonh
    dunstonh Posts: 119,790 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Mail on Sunday suggests very bad times for imminent pensioners

    Typical Mail. Run an article without explaining why, what or how. Just go with the negative.
    any comments

    What are you worried about?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ipri
    ipri Posts: 649 Forumite
    Hi..I believe we are in a good situation...I do get concerned that these people who live off debt ( they call it credit! )....will be bailed out by the government when they hit the buffers...by using my taxes..I work with people who live off debt....quite happliy keep spending / borrowing....then when things go wrong....live off the state..claiming "their entitlements"...I "worry" ..that hard earned / saved money doesnt go to pay for these lot
  • sadabbott
    sadabbott Posts: 85 Forumite
    nothing is certain.......

    ......except for death and taxes
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