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At last, the baby boomers will share the pain
Comments
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Just don't believe any of the forecasts!!
According to forecasts, I was supposed to be sitting with a private pension of £2,500-£3,000, plus cash savings of around £30,000
And of course, as a couple, you do the sums, then all goes belly-up when one half of the couple dies 0 -
It was Thatcher wot did it. She filled their heads with nonsense at an impressionable age.I must admit, you have to wonder what some parents have done to these people to generate such twisted logic and jealousy.
The sad part is, the teenage Thatcherites who are tearing the country apart with their greed will probably never get left to wallow in their own !!!! for hours, because by then the pendulum will have swung and the next generation, though disgusted with their parents, will look after them better than they deserve."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
It was Thatcher wot did it. She filled their heads with nonsense at an impressionable age.
The sad part is, the teenage Thatcherites who are tearing the country apart with their greed will probably never get left to wallow in their own !!!! for hours, because by then the pendulum will have swung and the next generation, though disgusted with their parents, will look after them better than they deserve.
These would be the 'Thatcherite' yoof raised (I hesitate to say 'educated') under the Blair/Brown junta, would they?
This Guardianista op-ed stuff gets awfully tiresome, you know.0 -
Wearing you down, am I?This Guardianista op-ed stuff gets awfully tiresome, you know."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
Before the whiny kids berate the older generation, they should first pay off what it cost to bring them up.0
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The plan is that most boomers won't get pensions, but they haven't figured out how yet, so they're buying time.So why are they increasing the state pension age?"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
ruggedtoast wrote: »
- Not having to pay to commute to work
So that's one benefit they share with the sick, disabled, unemployed, and the !!!!less
* that's f-e-c-k-l-e-s-s. What's the matter with this stupid censor?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
People seem to have this rose tinted view of the 60s/70s where without any real effort you just pop out and bought a house or ask for a council house and are given one. I’m not sure what it was like in the rest of the country but where I was bough up in the Southeast although not as hard to get a council house as it is now it was still very difficult. People who did generally lived with their parents when they got married and didn’t get a council house until they had a baby. Private rental property was very scarce with landlords selling property as soon as sitting tenants vacated properties. Although property was cheaper the amount you could borrow was lower so unless you earnt good salary it was still difficult to buy.0
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The main reason property was cheaper in the 60s and 70s was that women tended not to work, and if they did, earned very little. Would all the whingers like to go back to that situation?0
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Just to put the cost of living into perspective since 1970 the average wage has increased almost 22x while RPI has increased just over 12x.0
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