Annoying

whitesatin

jem16 wrote: »

In what way?

Don't want to go into too much detail on here but, for a start, like many, there will be no pension at 60. I need to think of myself as one of the lucky ones as I "only" have to wait a year and a half for state pension, bus pass etc.

Only recently I was thinking how it would be better when I get a higher personal allowance in 4 and a half years when I will be 65 but that is doubtful now as is the liklihood of my getting £140pw pension.

I am not on the breadline due to having put some thought into being independent and not relying on others, getting some savings behind me, albeit with little interest these days, but, somehow, when I was younger, I thought things would be more comfortable in retirement.

atush

I get a bit annoyed when everyone assumes there will be no state pension.

A little annoyed with the whole 'granny' tax cr*p. There wil be no increase in the age related allowance- but there still is one. And, the PA for everyone else is going up (until I assume it matches the current ARA). Just like many other countries- there will be one personal allowance.

and yes, low returns on savings are a HUGE annoyance. But I am not annoyed at paying 1% or less for my mtg.

Jennifer_Jane

whitesatin wrote: »

Don't want to go into too much detail on here but, for a start, like many, there will be no pension at 60. I need to think of myself as one of the lucky ones as I "only" have to wait a year and a half for state pension, bus pass etc.

Only recently I was thinking how it would be better when I get a higher personal allowance in 4 and a half years when I will be 65 but that is doubtful now as is the liklihood of my getting £140pw pension.

I am not on the breadline due to having put some thought into being independent and not relying on others, getting some savings behind me, albeit with little interest these days, but, somehow, when I was younger, I thought things would be more comfortable in retirement.

I don't want to be confrontational, but I'm genuinely interested in your Company pensions? Have you been working for several decades in the UK? If so, haven't you built up a nest-egg for yourself?

Just interested, since I had to build up my pension in 9 years as I lived abroad for 30 years, and no pensions from before my 30's really (my jobs didn't give them, and I was too silly to know).

whitesatin

Only one pension of around £10k. Yes, I worked in the UK for decades (always in fact) and contributed towards the state pension paying the full stamp when there was the option not to. Used much of my nest egg to pay off mortgage when I began to see how tight things were likely to be in retirement.

DavidLaGuardia

atush wrote: »

I am both (from NA and I read old books lol).

So what is your excuse for being 21st century rude

Cheeky and mick-taking rude maybe, but never the mean spirited variety!

How are the coloines these days?

atush

DavidLaGuardia wrote: »

Cheeky and mick-taking rude maybe, but never the mean spirited variety!

How are the coloines these days?

The southern colonies are warm, the nortnern ones ones cooler. I only arrived yesterday evening. luckily I am in the southern ones.:D

And yes, it was cheeky not mean lol.

I am annoyed at present because I am the queen of jet lag. I woke up at 3 am, and the sun is only just rising now.

p00hsticks

whitesatin wrote: »

Don't want to go into too much detail on here but, for a start, like many, there will be no pension at 60. I need to think of myself as one of the lucky ones as I "only" have to wait a year and a half for state pension, bus pass etc.

I'm a bit younger than you (one of those who started my working life expecting a state pension at sixty but now having to wait until i'm sixty six). Over my working life there are a number of concessions that have been introduced that I didn't originally expect to get when I retired - for example, winter fuel allowance, concessionary bus passes, free TV licence if I reach 75. So although the finish line has moved, I think there is potentially more at the end of it that I originally expected. And with the average increase in life expectancy, I may well end up receiving more in total over my retirement than some one older than me who started claiming at sixty, and accept that the age rise needed to happen.

whitesatin

p00hsticks wrote: »

I'm a bit younger than you (one of those who started my working life expecting a state pension at sixty but now having to wait until i'm sixty six). Over my working life there are a number of concessions that have been introduced that I didn't originally expect to get when I retired - for example, winter fuel allowance, concessionary bus passes, free TV licence if I reach 75. So although the finish line has moved, I think there is potentially more at the end of it that I originally expected. And with the average increase in life expectancy, I may well end up receiving more in total over my retirement than some one older than me who started claiming at sixty, and accept that the age rise needed to happen.

Well, it is nice to be upbeat but really, the winter fuel allowance is minimal and possibly reducing. Bus passes are useful, if you travel by bus but will they continue to exist? Free tv licence at 75 - well, that is not worth much and, by the time I get to that age I doubt if they will exist either.

Even if all these things continue, it is doubtful that they would make up for the years when I had been expecting £100 a week. It doesn't add up, to me.

But, no point moaning, that's for sure.:) What difference will moaning make?