So, are there any benefits to look forward to when I turn 50?

sb44

Only 4 months to go before I reach another milestone.

I was wondering if there are there any monetary benefits when turning 50 besides cheaper motor insurance and claiming part of a private pension plan?

McKneff

Nothing whatsoever, and your mistaken about private pension, sorry but legislation at the moment is that you cant take
lump sums/pensions till age 55

sb44

McKneff wrote: »

Nothing whatsoever, and your mistaken about private pension, sorry but legislation at the moment is that you cant take
lump sums/pensions till age 55

Thanks, I must have been getting confused.

Farway

sb44 wrote: »

Thanks, I must have been getting confused.

Easily happens once past 50

datostar

You will be able to go on Saga Holidays and Cruises and subscribe to their magazine full of adverts.

sb44

datostar wrote: »

You will be able to go on Saga Holidays and Cruises and subscribe to their magazine full of adverts.

I'll have to go on my own then, I'm 7 year ahead of my hubby (sounds better than saying 7 years older).

LittleVoice

sb44 wrote: »

I'll have to go on my own then, I'm 7 year ahead of my hubby (sounds better than saying 7 years older).

Though the main traveller on a Saga holiday must be aged 50 or over, a travelling companion can be as young as 40.

sb44

LittleVoice wrote: »

Though the main traveller on a Saga holiday must be aged 50 or over, a travelling companion can be as young as 40.

Won't be going on one but I never knew that, thanks for the info.

DdraigGoch

and I believe that one cannot own a McC*tn*y/St*n* retirement "apartment" until one has attained the age of 55. Nor can one rent it out without a 10% fee payable.... I may be wrong, wouldn't surprise me if I was:rotfl:

McKneff

Have you seen how expensive SAGA holidays are:eek:

cavework

You can go shopping in your slippers.. if you are female blame everything on the menopause and use the term ' when I was your age' when talking to younger apprentices of life..
Also you can take a photo of yourself taken 30 years ago to the hairdressers and demand you look exactly the same when you leave.
Seriously our Council Run swimming baths and health thingy does do reduced rates for over fifties membership.