happy days , my wife one of the last to get state pension at 60
funnyguy
Posts: 2,561 Forumite
My wife could have taken her state pension last september,but to save paying tax[as she was still working],she delayed it till this Aprils tax year and also leaves work on Monday.Because she does a manual type job I really feel sorry for those of you[particually women] who will have to work till 67.I mean she is quite worn out and her back is a bit dodgy and the thought of carrying on for another 6/7 years would have been quite hard.Most of her work collegues who are only 5 or 6 years younger are quite envious[in a nice way]that they cant get pension till much later..so to all you women in your 50,s,particularly in manual jobs ,I do feel sorry for you
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I left work last September too at 62, but I did take my state pension when I was 60, I didnt mind paying the 20% tax, it still meant I got 80% of the money.
I left 2 colleagues at work who like you say were nicely envious as they have to work another 6/7 years when they thought for a long time they too would retire at 60. but I think one of them will be 66 and the other 67 or so (for now lol)
I've never missed going to work, I did it by transition, dropped to 3 days for a while, then down to 2 for a few months, then bliss, finished.
Hope she finds plenty to do, tell her to keep active, hope you both enjoy her retirement.
Regards
Anniemake the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Hope she enjoys her retirement. What I would have done had I been living here a long time before retirement, is to have put as much money as I could have done into a private pension/ savings/ISAs or whatever, to enable me to retire when I wanted to, and as early as I wanted to.
That's the answer. There's no need to work till 66/67 if you've made provision to retire at 60 or whenever.
As it happens, I live abroad for so long that I don't get the full State Pension, and had only 9 years to build up a Company pension, so retired at 62. But I've known for decades that the pension age would be increasing (although I was young enough to retire at 60 I deferred to build it up a bit).0 -
I hope so too; it seems to me that the changes in pension age are aimed at office workers rather than those doing manual work, or who are on their feet all day!
I won't get my state pension until 61y6m, but I was a nurse who had retained the right to retire at 55, so I finally retired last year at 59.
I had begun to feel that I couldn't quite hack it. I wasn't dangerous, but I was getting a bit slower, having to check things I'd previously done breezily. I really wasn't the help to my younger colleagues that I should have been. In today's NHS, experience counts for less than getting the job done and the paperwork processed ever faster.
So I too was very grateful to be able to step back gracefully, and I feel for colleagues who aren't.0 -
My father retired from a manual job at 69.
I am female and 65 and began my full-time office-based NHS career after my 60th birthday. It's a new career and I enjoy it. I expect to properly retire later this year when the upheavals in the health service wreak further havoc.0 -
Jennifer_Jane wrote: »Hope she enjoys her retirement. What I would have done had I been living here a long time before retirement, is to have put as much money as I could have done into a private pension/ savings/ISAs or whatever, to enable me to retire when I wanted to, and as early as I wanted to.
That's the answer. There's no need to work till 66/67 if you've made provision to retire at 60 or whenever.
As it happens, I live abroad for so long that I don't get the full State Pension, and had only 9 years to build up a Company pension, so retired at 62. But I've known for decades that the pension age would be increasing (although I was young enough to retire at 60 I deferred to build it up a bit).
Over 20 years ago I was a fulltime mom of four, husband in a very well paid job. An accident resulted in my husband being unable to work. I became not only mom to four but carer to one and the wage earner. Due to circumstances my husband did not get a large lump sum but an income for life. I will be working until I am 64 years 9 months. We can live on my husbands income but it will die with him. His income is worthy less now than it was 20 years ago and his care needs can be expensive. I am saving hard and building up a pension so that I have an income if he dies before me. I work part time, the physical strain of caring for a man roughly twice my size wears me out. So circumstances change, we can't always plan for everything.
I also knew the pension age was changing but couldn't really do much about it. I stll have one at university but I will have three or four years before I retire when my money will be all mine. I already have enough years for my state pension, a local government pension which isn't a fortune and I am hoping to start putting £15k a year into a pension via salary sacrifice. I wish I could retire at 60, I fear I will be so worn out by 65 that I won't enjoy retirement much.Sell £1500
2831.00/£15000 -
Mumps it just goes to show that our life doesn't always go to plan, I hope you do get to enjoy your retirement sounds like you'll of more that earned it.. I had to take early-retirement at 58 but I realise now I was one of the lucky ones entitled to take my retirement at 60 I feel for my colleagues whose retirement has been pushed further and further away.#6 of the SKI-ers Club :j
"All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke0 -
LittleVoice wrote: »My father retired from a manual job at 69.
I am female and 65 and began my full-time office-based NHS career after my 60th birthday. It's a new career and I enjoy it. I expect to properly retire later this year when the upheavals in the health service wreak further havoc.
My grandfather was in a manual job (albeit indoor) full-time until he was 70, then part-time to age 78. My mother did an office job until she was 72.
It is very difficult to legislate as to what kind of health people are going to be in, and what the diminution of their abilities will be.
I am actually in much better health than my mother at my age, but she seemed to be able to use her experience to get things done better; whilst in my job, my experience, if anything seemed hampering!
I don't know what the answer is, I just find it interesting to look at different people's experiences. I do know that if you can afford it, putting money aside so have choices is very worthwhile.0 -
I took early retirement from teaching (special educational needs) then did supply for a while till I got used to doing less. There is no way I would still want to be working as it is a demanding, and physical job at times.
It is a younger person's game, in my opinion. I have no regrets, despite taking a big hit on my pension by going at age 56. Money is not everything. I really don't think I would have been doing anyone any favours had I stayed much longer. I think that the children need younger people. It might have been a good idea if I had been able to stay on part-time and help train younger teachers but it doesn't work that way.
I don't yet get my state pension, not until next March, and I am lucky that I don't have a mortgage and can live reasonably cheaply.0 -
I hope so too; it seems to me that the changes in pension age are aimed at office workers rather than those doing manual work, or who are on their feet all day!
I won't get my state pension until 61y6m, but I was a nurse who had retained the right to retire at 55, so I finally retired last year at 59.
I had begun to feel that I couldn't quite hack it. I wasn't dangerous, but I was getting a bit slower, having to check things I'd previously done breezily. I really wasn't the help to my younger colleagues that I should have been. In today's NHS, experience counts for less than getting the job done and the paperwork processed ever faster.
So I too was very grateful to be able to step back gracefully, and I feel for colleagues who aren't.
I'm a district nurse and my state retirement age is 67. I'm already knackered at 40! They just want more and more from you. Today for example i did 10 visits in the morning. My back hurts and my brain is frazzled(i had a couple of complex patients). I've no idea how i will carry on in this role for another 27 years.£2019 in 2019 #44 - 864.06/20190 -
whitesatin wrote: »I took early retirement from teaching (special educational needs) then did supply for a while till I got used to doing less.
only kidding - glad i joined to do useful job, fantastic pension, great work-life balance, good holidays and excellent training - best move i ever made0
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