retirement age and life expectancy

Really2

StevieJ wrote: »

I will have to cut down on the beer :eek:

Did you live longer?
No but it seemed like it

I presume that is why I am longer now (don't drink much nowadays), but the test does not know if my liver is not the size of Australia because of my past drinking.

ninky_2

Really2 wrote: »

Ah based on boeing workers.

So it is comparing those working with chemicals on shop floors (65) against mangers (50+) and office workers (50+ -65).;)

It's all about the money and the type of work. Engineering can expose you to some fairly nasty stuff over your lifetime.

is it right that human beings should be exposed to stuff at work that shortens their life expectancy. another problem of capitalism. profit is worth more than life.

my OH works in a skills based job that exposes him to some nasty fumes on a daily basis whist i earn more sat at a desk. it does worry me but i wonder what is the alternative? here i sit fairly safely at a desk (although no doubt adding to sedentary lifestyle problems and eyestrain), taking advantage of commodities that were built by the shortened life expectancy of others.

Really2

ninky wrote: »

is it right that human beings should be exposed to stuff at work that shortens their life expectancy. another problem of capitalism. profit is worth more than life.

my OH works in a skills based job that exposes him to some nasty fumes on a daily basis whist i earn more sat at a desk. it does worry me but i wonder what is the alternative? here i sit fairly safely at a desk (although no doubt adding to sedentary lifestyle problems and eyestrain), taking advantage of commodities that were built by the shortened life expectancy of others.

TBF I think health and safety as improved don't forget some in the test would have started working during the war.

ninky_2

MRSTITTLEMOUSE wrote: »

until you get the crippling pain of arthritis you just won't understand how it can affect you.
.

arthritis is the main cause of physical disablity in the uk. at the moment is it cheaper to pay someone disability benefit or state pension? do those on state pension get housing benefit too (assuming they don't own a property).

ninky_2

lemonjelly wrote: »

Personally I hope/aim to reduce the amount of time I am working as I age if possible to avoid something like this.

thing is if you retire at 50 and live to 36 you will have to fund more retirement years than you have had working years. on the other hand keep working to your mid 60s and maybe you won't have much time to enjoy in retirement (plus the addition that your partner might die if you have one). it's the never ending conundrum. although i wonder if we could all know the exact day we die we would want to know.

i'm feeling quite glum now. all this thought of dying and what's the point of it all.....:(

anyone got any jokes?

Generali

StevieJ wrote: »

What about about those dole lifers, are they going going to be the new Centenarians

Check how long you are going to live :eek:

http://www.livingto100.com/

88 for me.

I'm going to live to 100 you poor old things, according to the calculator anyway.

You might want to start smoking to get away from me!

ninky_2

StevieJ wrote: »

Check how long you are going to live :eek:

http://www.livingto100.com/

forever apparently. i am the messiah.:A

lemonjelly

ninky wrote: »

arthritis is the main cause of physical disablity in the uk. at the moment is it cheaper to pay someone disability benefit or state pension? do those on state pension get housing benefit too (assuming they don't own a property).

State pension is paid dependent on the level of national insurance contributions & credits.

Housing benefit is a means tested benefit paid dependent on income, savings & personal circumstances (such as disability, being a carer, having dependent children etc). The over 60's can & will qualify for hb though.

There was a strange change in benefit rules in 2004 when pension credit (income support for the over 60's) was brought in. Local authorities in particular found a massive amount of the over 60's were refusing/forgetting to declare private pensions. The largest sector of the populace committing fraud were pensioners.

Now it doesn't look too good, prosecuting 80 year old doris for a small pension she's been getting does it? Hiowever generally the LA's had to recover multiple thousands of £'s off the oldies.

To get round this, when the over 60's are assessed for pension credit, their income is then "fixed" by the pension service (after all, their income is unlikely to fluctuate is it, they don't change jobs too frequently do they?) & it is fixed for 7 years. This means that any change in circs doesn't affect their benefits until they are reassessed in 7 years time.

This meant that homeowners could put their house on the market, get their pension credit (& therefore hb & ctb), sell the house for £200kplus, & move to rented accomm & have their rent etc all paid! With a huge wad sat in the bank!

For a couple of years I saw 2-3 pensioners a week doing this kind of thing...

lemonjelly

ninky wrote: »

thing is if you retire at 50 and live to 36

:eek:How can I do this?

ninky wrote: »

i'm feeling quite glum now. all this thought of dying and what's the point of it all.....:(

anyone got any jokes?

How do you turn a duck into a soul singer?

Put it in a microwave until its bill withers!

badum-tish!:D

StevieJ

lemonjelly wrote: »

This meant that homeowners could put their house on the market, get their pension credit (& therefore hb & ctb), sell the house for £200kplus, & move to rented accomm & have their rent etc all paid! With a huge wad sat in the bank!

For a couple of years I saw 2-3 pensioners a week doing this kind of thing...

If they have a £200k house how do they get HB and if they have sold their house and have 200k in the bank how do they get anything above state pension? I don't understand that, the 7years must be fixed when they either have a house or a wad of cash.