500,000 pensioners pay the price for the indebted.

PasturesNew

SingleSue wrote: »

It would have taken my father nearly 20 years to earn that, let alone save it!

I have been working pretty solidly (in and out of jobs, but often 2 or 3 jobs) for over 30 years. I had a quick tot up of my "lifetime's earnings to date" and I think it came in at about £275k. Unfortunately, while that sounds a lot, it was mostly gobbled up, of course, by basic overheads/bills and keeping a car on the road to get to work. No holidays.

I never realised until I came to this site just how much money a lot of people DO have. Especially those pesky smug couples with their 2 incomes

lostinrates

PasturesNew wrote: »

I never realised until I came to this site just how much money a lot of people DO have. Especially those pesky smug couples with their 2 incomes

Just a thought, have you ever thought of trumping 'smug couples' by forming a menage a trois? Then you'd be laughing.

MissMoneypenny

ad9898 wrote: »

I saw Yvette Cooper on Newsnight last night, she gave short shrift to savers/pensioners, then started blathering on about mortgage customers and how they are saving £200 a month. I'm not having a go at mortgage holders in general, just those who are looking out of their front window today at their BMW X5 that was bought by mewing, holding a letter from the bank saying they are in arrears,

This government have a history of bailing out the financially stupid.

Old_Slaphead

MissMoneypenny wrote: »

This government have a history of bailing out the financially stupid.

The financial management of their own party supports that view.

Really2

30,000,000 workers pay the price of pensioners (will they all get a state pension);)
Lets face it, its a shame they have lost their intrest but their are a majority of pensioners who have no savings and struggle day to day.

Their is no moral outrage for them so I find it a bit hypocritical the more "well off" pensioners are moaning while their poorer counterparts live in a front room freezing.

You would of thought at 65+ they would of gone through the 70s etc when pensioners interest was way below inflation (3%+ Bellow).

Surely they were worse of then.

SingleSue

PasturesNew wrote: »

I have been working pretty solidly (in and out of jobs, but often 2 or 3 jobs) for over 30 years. I had a quick tot up of my "lifetime's earnings to date" and I think it came in at about £275k. Unfortunately, while that sounds a lot, it was mostly gobbled up, of course, by basic overheads/bills and keeping a car on the road to get to work. No holidays.

I never realised until I came to this site just how much money a lot of people DO have. Especially those pesky smug couples with their 2 incomes

You do realise that with my anal retentive way of loving to work with figures, that you have just set me a task to do today.

Yep, work out how much I have earnt since I left school!

Graham_Devon

Really2 wrote: »

30,000,000 workers pay the price of pensioners (will they all get a state pension);)
Lets face it, its a shame they have lost their intrest but their are a majority of pensioners who have no savings and struggle day to day.

Their is no moral outrage for them so I find it a bit hypocritical the more "well off" pensioners are moaning while their poorer counterparts live in a front room freezing.

You would of thought at 65+ they would of gone through the 70s etc when pensioners interest was way below inflation (3%+ Bellow).

Surely they were worse of then.

Worse?

Have you seen the price of basic living today?

Have you ever wondered why there has been a massive surge in tax credits? These things were not around in the 70's, as people, although struggling, couldllive off their own money without needing a zillion top ups. Now we live in a society that has half the population on some sort of benefit, either through tax credits or living solely off these.

The cost of living today, is far greater, I believe than in the 70's. However, the impact is somewhat cushioned by the amount of "pots" people are paid out of depending on what they are entitled to. It just means everything is more expensive, which is why so many more each day are relying on the state more and more to feed them.

Some people, do not get that state help.

Really2

Graham_Devon wrote: »

Some people, do not get that state help.

What the ones over the treshold?

do they not get it if they go under it?

Graham_Devon

Really2 wrote: »

What the ones over the treshold?

do they not get it if they go under it?

Think about the point of this thread.

The point is, these people, talked about on this thread, have a very slim chance of getting help, because they have been prudent.

Now, for the prudence, they are paying, dearly.

Jennifer_Jane

Really2 - perhaps I'm getting a bit dithery, but I didn't completely understand your post, or perhaps your stance.

It does, however, raise the point that the new pensioners, the Baby Boomers, who are just coming on pension now, are the spoilt post-war generation who are going to complain vociferously about things. The really old people in their 80's and 90's are more stoical, and perhaps have less energy for complaint and less access to computers/internet.