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government pension Now 66 is that right??

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  • prosaver
    prosaver Posts: 7,026 Forumite
    Part of the Furniture Combo Breaker
    I think you will find that if you look up your life expectancy 20 years ago and compare it with your current life expectancy, it has increased by more than the years you have "lost".

    The money has not been stolen - it has gone towards supporting you in a longer and healthier old age.
    here here
    im happy to work that bit extra, cause we going to live longer,
    come on, be fair :beer:
    “Life isn't about finding yourself. Life is about creating yourself.”
    ― George Bernard Shaw
  • dunstonh
    dunstonh Posts: 119,864 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Personally I think that being able to bear children + having to go through a menarche & menopause + 40 odd years of periods SHOULD equal a discount on the male state pension age, but that`s just my odd opinion.

    But men have to put up with women. So, they deserve an earlier age for that ;)

    Seriously though, women live longer then men. So, if anything it should be later than men. However, you wanted equality and now you have it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Indeed, as a woman I feel it is unfair if we want equality to also expect things like an earlier pension. Not on.

    You can't pick and choose what you want to be equal on.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    atush wrote: »

    When pensions first came in, most people didn't live to take them but for a few years. Now people are taking their pensions for 3-4 DECADES or more. so the difference in retirement age is to pay for the difference between paying a pension for 2-3 years or 20-30 years.

    Who is that? Methuselah?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Rupert_Bear
    Rupert_Bear Posts: 1,303 Forumite
    Heres something to cheer up the working population after 55 years.


    This work was based on an analysis of longevity data from former Boeing Aerospace, and it concluded that “for every year one works beyond age 55, one loses 2 years of life span on average.”

    Here are the relevant data:

    Retirement Age at Death

    age death time
    49.9 86.0
    51.2 85.3
    52.5 84.6
    53.8 83.9
    55.1 83.2
    56.4 82.5
    57.2 81.4
    58.3 80.0
    59.2 78.5
    60.1 74.5
    61.0 74.5
    62.1 71.8
    63.1 69.3
    64.1 67.9
    65.2 66.8

    The good news for me is I decided to retire early so based on the above info may live to receive my telemessage from THE Queen. Nice!
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If the proposed changes go ahead I will be 67 :(

    (DOB 6 March 1961 to 5 April 1969 )

    http://www.direct.gov.uk/en/Nl1/Newsroom/SpendingReview/DG_192159

    Me too. Swines :rotfl:.
    Heres something to cheer up the working population after 55 years.


    This work was based on an analysis of longevity data from former Boeing Aerospace, and it concluded that “for every year one works beyond age 55, one loses 2 years of life span on average.”

    Here are the relevant data:

    Retirement Age at Death

    age death time
    49.9 86.0
    51.2 85.3
    52.5 84.6
    53.8 83.9
    55.1 83.2
    56.4 82.5
    57.2 81.4
    58.3 80.0
    59.2 78.5
    60.1 74.5
    61.0 74.5
    62.1 71.8
    63.1 69.3
    64.1 67.9
    65.2 66.8

    The good news for me is I decided to retire early so based on the above info may live to receive my telemessage from THE Queen. Nice!

    How interesting! But this is 7 years old at least - would be great to see an updated one. If I retire when planned I'll have 28 years to enjoy it :).
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    StevieJ wrote: »
    Who is that? Methuselah?

    No you Nube, it was my MIL who retired and claimed a pension for nearly 40 years.
  • pineapple
    pineapple Posts: 6,934 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The point IMO is not how old you will be when you draw your last gasp, it's what state you will be in for those last few years. With conditions like Alzheimer's on the rise, I'm not holding my breath.
    I just scraped in to the qualifying age a year ago. I'm 62 this year and would love to be working. I adored my job! Unfortunately due to ill health, I felt I couldn't do it any more. But I was fortunate compared to others I know with major problems who are struggling to continue.
    I've heard they are thinking about revising the age upwards again. Good luck with that one I say. Great if you are in a physical occupation - not. But I'm sure there will be plenty of openings and re-training available for the 65+s. Yeah right...
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Women haven't 'expected' to retire at 60 for many many years now. Those that still do haven't read a newpaper or watched television news I think.


    Granted the bump up form 65-67 wasn't handled well, and was handled late. But it is fair.

    I say this as a person who has had the worst periods ever, and has given birth incl multiples ;-)
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    My MIL lived to over 95. and only spent a short time in a care home. And it was quite a nice one. She had over 90 years of active life, w/o any dementia.
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