Just pure laziness

DD4

EdIvestor comes across as having had a very comfortable and secure life, with a wealthy husband and middleclass upbringing and lifestyle. Little wonder then that she can't empathise with those who have very little income, no second income to lean on and no company pension.

I visualise her sat in the drawing room in her twinset and pearls, spouting out her financial advise that is based on her comfortable life and background of generous final salary pension, additional voluntary contributions, Protected Rights, Buy to Let properties, S&S ISAs and other financial products that she and her husband have paid into, having zero comprehension of the struggle that lower paid people have just to get by, let alone contribute to a pension.

Forget diversified pension products ED, most people are glad to just be able to pay the bills and mortgage. Most people are busy working or raising children to be able to invest the amount of time you can in monitoring financial products. How lovely it must be to be a lady who lunches?

Never mind though, 'let them eat cake', hey Princess?

Dick_here

DD4 wrote: »

EdIvestor comes across as having had a very comfortable and secure life, with a wealthy husband and middleclass upbringing and lifestyle. Little wonder then that she can't empathise with those who have very little income, no second income to lean on and no company pension.

I visualise her sat in the drawing room in her twinset and pearls, spouting out her financial advise that is based on her comfortable life and background of generous final salary pension, additional voluntary contributions, Protected Rights, Buy to Let properties, S&S ISAs and other financial products that she and her husband have paid into, having zero comprehension of the struggle that lower paid people have just to get by, let alone contribute to a pension.

Forget diversified pension products ED, most people are glad to just be able to pay the bills and mortgage. Most people are busy working or raising children to be able to invest the amount of time you can in monitoring financial products. How lovely it must be to be a lady who lunches?

Never mind though, 'let them eat cake', hey Princess?

:T:T:T:T:T

Do we have a 'post of the month' competition ?

WISHIWASRICH_2

DD4 wrote: »

EdIvestor comes across as having had a very comfortable and secure life, with a wealthy husband and middleclass upbringing and lifestyle. Little wonder then that she can't empathise with those who have very little income, no second income to lean on and no company pension.

I visualise her sat in the drawing room in her twinset and pearls, spouting out her financial advise that is based on her comfortable life and background of generous final salary pension, additional voluntary contributions, Protected Rights, Buy to Let properties, S&S ISAs and other financial products that she and her husband have paid into, having zero comprehension of the struggle that lower paid people have just to get by, let alone contribute to a pension.

Forget diversified pension products ED, most people are glad to just be able to pay the bills and mortgage. Most people are busy working or raising children to be able to invest the amount of time you can in monitoring financial products. How lovely it must be to be a lady who lunches?

Never mind though, 'let them eat cake', hey Princess?

Different name, same old drivel:p Nice to see nothing changes LOL:D

DD4

WISHIWASRICH wrote: »

Different name, same old drivel:p Nice to see nothing changes LOL:D

You waited almost an entire year before posting again on MSE and this was the best you could do? :rotfl:

Primrose

I owe my late father a real debt of gratitude. The day I earned my first wage packet he sat me down, gave me a detailed explanation about pensions and made me promise that I would always contribute to a pension scheme and understand exactly how it worked, no matter what other demands were made on my income. That was some of the soundest advice I ever received. Many years later and drawing my pension I now understand the wisdom of that advice. Thank you Dad :T

Primrose

For many people the question of affording a pension scheme is very much a lifestyle choice. You can buy a packet of cigarettes or a bottle of wine or save the equivalent money and put it into a pension fund if you can't afford to do both. I've known people who've complained that their pension won't provide them with a comfortable retirement, but who have spent a lifetime of smoking, drinking heavily or having a holiday abroad every year . We all have choices about how we dispose of our income. For many of us it's either a case of indulging in pleasures today or making a few sacrifices to have a comfortable retirement tomorrow. For those who say "I'm going to live for today. I might be dead tomorrow", that could be true. But if you do live for the moment and then find you're still alive at 80 and living in penury because you spent your pension money, whose fault is that?

DD4

Two excellent posts, Primrose. I followed the example of my parents who always paid into pensions even when times were hard, they made them one of their priorities. They're now enjoying a comfortable and happy retirement based on the way they prioritised their finances.

I've got a lot of friends who work in manual jobs such as electronics and engineering who state that 'the likes of us can't afford mortgages', yet as you say they find money for other things such as fags, beer, meals out, expensive foreign holidays, etc.