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Current a level students won't get a pension till 77... Lets cut boomers pensions NOW

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Comments

  • GeorgeHowell
    GeorgeHowell Posts: 2,739 Forumite
    You have been asked to justify the disproportionate benefits and advantages shovelled onto the plates of boomers and what has happened?

    No we haven't because there are no disproportionate benefits and advantages.

    More meaningless bluster. Keep digging.
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • thorsoak
    thorsoak Posts: 7,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You have been asked to justify the disproportionate benefits and advantages shovelled onto the plates of boomers and what has happened?

    You have wiggled and you have weaved (Premiership footballers?)

    It seems an obvious case of "the lady doth protest too much". The fact is you are all well aware you have been overcompensated, and continue to be so, embarrassingly so in fact; yet not one of you have the decency to admit it. Instead you scramble to accuse the young of all sorts of malefactions.

    As far as 4-bed house couple goes, they can sell up and downsize, like everyone else who has a drop in income but has assets has to do.

    Maybe then for once, a young family might even have a chance at having a home.


    So the in-laws still persist in staying put Toasty????
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    You have been asked to justify the disproportionate benefits and advantages shovelled onto the plates of boomers and what has happened?

    You have wiggled and you have weaved (Premiership footballers?)

    It seems an obvious case of "the lady doth protest too much". The fact is you are all well aware you have been overcompensated, and continue to be so, embarrassingly so in fact; yet not one of you have the decency to admit it. Instead you scramble to accuse the young of all sorts of malefactions.

    As far as 4-bed house couple goes, they can sell up and downsize, like everyone else who has a drop in income but has assets has to do.

    Maybe then for once, a young family might even have a chance at having a home.


    They are not disproportionate and they haven't been shovelled onto the plates.They have been earned, taxed and paid for. Their only culpability was living through a a particular time zone.

    Many pensioners are having to pay twice, once through their own working life and now to keep things affordable for the indebted both young and old..

    Savings rates cut to record low levels, inflation eating away at capital to hasten the decrease in debt, annuity rates at some of the lowest ever making pension returns evener lower, penalised for the rest of their life.. Taxation increasing through VAT and allowances being capped.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • lessonlearned
    lessonlearned Posts: 13,337 Forumite
    10,000 Posts Combo Breaker I've been Money Tipped!
    edited 7 January 2013 at 5:12PM
    PaulF81 wrote: »
    My job choice cuts my life expectancy by around 5-10 years. thank christ, because the last thing I would have is me dribbling with dementia in my pea soup past my 90th birthday.

    The mistake you make is assuming medical technological advances will continue with the same pace that they have. Even if they do, what is to say they will be affordable (they wont) for the NHS to use them, as many treatments are now (NICE determine whether a treatment is affordable or not, not the taxpayer recipient).

    Stop whingeing and start living.

    My boomer husband is just 55 and suffering from a rare and currently incurable neurological condition which already makes him dribble into his soup.

    Don't worry though - you won't have to fund his state pension - he'll be dead soon.

    I am assuming that as ex military you will be physically fit and active - well so was he when he first became ill 7 years ago.

    If you were as unfortunate as he has been and are stricken when you are in your prime falling victim to an illness which is currently incurable you'll be ok because you will have stem cell treatments at your disposal. Sadly although these treatments are just on the horizon they will come too late for my husband. Your generation and subsequent generations will be the beneficiaries.

    And yes it will be available on the NHS because such treatments will actually save money in the long run.

    You are constantly posting on here whingeing and whining about how difficult it is going to be for future generations - you really are totally clueless.

    You younger ones have the world at your feet, you just haven't got the wits to see it. Yes we are going through tough economic times and yes this recession has been long and deep and yes the welfare bill is too high but there are wonderful opportunities out there.

    The scientific, technological and medical advances will be astonishing and yours will be probably end up being the luckiest generation ever. The advantages and advances in quality of life that the Boomers have enjoyed will pale into insignificance by comparison.

    There really will be a brave new world for the younger generations.
    Just open your eyes, stop feeling hard done by and get out there and enjoy your life.

    My poor OH is not so very much older than you and yet languishes in a nursing home unable to move without help. Just a few years ago he was Mr Fitness personified, running his own successful company and paying more in taxes than you probably ever will.

    What on earth have you got to moan about.
  • thorsoak
    thorsoak Posts: 7,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thinking of you, Lessonlearned .....you have a hard road ahead of you - and I hope and pray that the likes of PaulF81 and RuggedToast do not get their paws on power
  • Dunroamin
    Dunroamin Posts: 16,908 Forumite
    There are plenty of working families who would love to have £800 clear after they've paid their rent. If you think having this as a handout from the government isn't a privilege I don't honestly know what to say to you.

    An unemployed, two child family would receive over £1100 pcm with full rent and council tax paid on top. Are they more or less "privileged"?
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    ...
    You younger ones have the world at your feet, you just haven't got the wits to see it. Yes we are going through tough economic times and yes this recession has been long and deep and yes the welfare bill is too high but there are wonderful opportunities out there.
    ...
    +1

    50 years time is a long time when we consider the way society changes. 50 years ago air travel was only for the wealthy, and the idea of working thousands of miles away from your customers connected only by fibres and wires would be unthinkable.

    Our A-level student future retiree may view retiring in a different country as a complete normality; they might even choose to hibernate in suspended animation mode for the winter months. They might have a clone or android doing all the donkey work and drudgery for them.
  • asturdy2
    asturdy2 Posts: 138 Forumite
    interesting debate on LBC this morning asking if we should means test the state pension, said that we should see NI contributions as an insurance policy so that you only get a state pension if you need it. Where the cut off would be i don't know but its worth debating
    3.64KW system, aurora power one inverter, South west facing with no shading in Lancashire.
  • BertieUK
    BertieUK Posts: 1,701 Forumite
    PaulF81 wrote: »
    My job choice cuts my life expectancy by around 5-10 years. thank christ, because the last thing I would have is me dribbling with dementia in my pea soup past my 90th birthday.

    The mistake you make is assuming medical technological advances will continue with the same pace that they have. Even if they do, what is to say they will be affordable (they wont) for the NHS to use them, as many treatments are now (NICE determine whether a treatment is affordable or not, not the taxpayer recipient).

    .

    Could you not relieve the tension of your future health worries that you refer to by taking out 'Private Health Care' and then this would cover you.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    asturdy2 wrote: »
    interesting debate on LBC this morning asking if we should means test the state pension, said that we should see NI contributions as an insurance policy so that you only get a state pension if you need it. Where the cut off would be i don't know but its worth debating

    As long as it is timed for just about when Biggles is just about to retire :)
    '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
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