Im almost 64 firm expect me to to run about like an 18 year old.

lucylucky

To the OP - what do you want to do?

Is it achievable or practical?

Browntoa

threads been tidied to remove some off topic posts , original poster deserves polite responses and not accusations it is made up

Debt_Free_Chick

cyclonebri1 wrote: »

Unfortunately our dear government now expects you to work to 66 at least, probably 70 pretty dam soon.

To be fair, that's not entirely accurate. The Government only control when your State Pension starts to be paid. If you plan and save, you can retire much earlier than that - and very many do.

Sorry to add if you haven't done the neccessary by now, it really is too late, they want us to save or die working:mad:

A crucial point - if you haven't saved, then you are reliant on the State Pension and the Government dictates when you can retire.

But I agree - it's too late to do anything other than rely on State pensions/benefits. OP's State Pension Age is probably 65 though, so only a short time to survive. And Pension Credit will be a huge boost as it automatically unlocks other benefits, such as Council Tax Benefit.

Googlewhacker

tyllwyd wrote: »

What is your pension situation?

Are you a member of a union?

Is your health affected? One thing to be aware of is that GPs can now issue fit notes (rather than sick notes) - so instead of signing you off completely, they can say that you are fit for work but only light duties. Make sure that you find out if there are any other options before you rush to hand in your notice.

A fit for note does not have to be accepted by the employer if the person is not fit to do the job they were hired for, they only have to make reasonable adjustments if the employee is covered legally by the DLA.

Talk to the employer and see if they can change things about for you but if they say no then it is a like it or lump it I'm afraid (unless you are covered under the DLA but nothing you have said makes it sound like you are)

cyclonebri1

Debt_Free_Chick wrote: »

To be fair, that's not entirely accurate. The Government only control when your State Pension starts to be paid. If you plan and save, you can retire much earlier than that - and very many do.



A crucial point - if you haven't saved, then you are reliant on the State Pension and the Government dictates when you can retire.

But I agree - it's too late to do anything other than rely on State pensions/benefits. OP's State Pension Age is probably 65 though, so only a short time to survive. And Pension Credit will be a huge boost as it automatically unlocks other benefits, such as Council Tax Benefit.

Yes of course you are correct, my post was quite "general" . But the op will be one of the 1st of many that realise too late that support in old age is being etched away.
I said it myself he should have saved earlier, but when you rethink it it's difficult to see how, on the wages he has earn't, he could have lead a reasonable standard of living so far and saved for retirement.

bendix

cyclonebri1 wrote: »

Yes of course you are correct, my post was quite "general" . But the op will be one of the 1st of many that realise too late that support in old age is being etched away.
I said it myself he should have saved earlier, but when you rethink it it's difficult to see how, on the wages he has earn't, he could have lead a reasonable standard of living so far and saved for retirement.

How do you know what the OP has or hasn't earned? He has only divulged his current (admittedly low) earnings.

You have no way of knowing what his savings opportunities were during the 45 years or so of his working life?

I find it hard to believe that there were never any opportunities during that time to put money away for retirement.

Dawni

bendix wrote: »

How do you know what the OP has or hasn't earned? He has only divulged his current (admittedly low) earnings.

You have no way of knowing what his savings opportunities were during the 45 years or so of his working life?

I find it hard to believe that there were never any opportunities during that time to put money away for retirement.

Why do you find it hard to believe this? Many people have earned such a low wage during their whole working life that there was no opportunity to save money for retirement. My father started work at age 15 and during his whole working life never earned a penny more than he needed to pay the rent, put food on the table and pay for such necessary things as heat and light. He spent many evenings and weekends working in his vegetable garden, too, just to save money. My mother was unable to work outside the home as she suffered from bad arthritis. They found it a struggle to make ends meet, let alone save money for retirement, and I'm sure there are many people in the same situation.

Unfortunately I have no advice for the OP, but I do have sympathy for his situation. It's all very well the government talking about the right to work after 65, something that many people including my husband may be able to do, but this won't be possible for some people, especially those who find their work increasingly hard to do.

Lavant_Lad

I do have a very small private pension with Scottish Widows, Ive been paying into it for the past 25 years or so.
I work for a Tea Packing Co, its all high speed hand packing and Shift Work 6---2 and 2--10.
I used to work in their Coffee Dept, suited me very well.
But 18 months ago they fully modernised the said Dept and put me back onto the Tea floor, where I am now stuck untill 65.:(

Lokolo

Lavant_Lad wrote: »

I do have a very small private pension with Scottish Widows, Ive been paying into it for the past 25 years or so.
I work for a Tea Packing Co, its all high speed hand packing and Shift Work 6---2 and 2--10.
I used to work in their Coffee Dept, suited me very well.
But 18 months ago they fully modernised the said Dept and put me back onto the Tea floor, where I am now stuck untill 65.:(

Although a little late, have you ever budgeted or done a Statement of Affairs?

http://www.makesenseofcards.com/soacalc.html

chesky369

.....why did he have kids?

You are probably quite young. Up until the fairly late sixties, there was no pill and other types of birth control were unreliable. Abortion was illegal. So there were an awful lot of unplanned pregnancies.