Living longer - it's a killer problem

chiefie

http://www.thisismoney.co.uk/money/pensions/article-3986262/Half-65s-think-view-living-longer-problem.html

I wonder if the government will combine NI and tax so pensioners have to pay towards the NHS ?

boliston

A single 32% tax on income would make more sense than 20% tax + 12% ni - splitting the tax into 2 parts just seems red tape for the sake of red tape.

ruggedtoast

Boomers. Gravy train.

antrobus

chiefie wrote: »

...I wonder if the government will combine NI and tax so pensioners have to pay towards the NHS ?

The NHS gets 80% of its funding from tax, thus pensioners already "have to pay towards the NHS".

https://www.kingsfund.org.uk/projects/nhs-in-a-nutshell/how-nhs-funded

Moby

I see more people in the UK want to retire early than any other country in the survey. Why is that I ask....poor employment conditions, archaic management attitudes, 'us and them'....?..so different to Germany.

wymondham

Moby wrote: »

I see more people in the UK want to retire early than any other country in the survey. Why is that I ask....poor employment conditions, archaic management attitudes, 'us and them'....?..so different to Germany.

probably job satisfaction (or lack of it). You only live once, so its reasonable to want to retire and do what you actually want to do......

PasturesNew

People aren't living longer, their natural longevity's probably not changed - what's changed is that we've more medical intervention available.

Take away the hospitals and we'd all die a bit earlier again.

hildosaver

We are living longer which will likely continue until the impending crisis in anti-biotics finally hits. Then the life expectancy could easily start dropping as people start dieing from what are currently easily treatable infections.


Barring some sort of technological intervention being created to stop it of course.

Cakeguts

Moby wrote: »

I see more people in the UK want to retire early than any other country in the survey. Why is that I ask....poor employment conditions, archaic management attitudes, 'us and them'....?..so different to Germany.

It is due to how the retirement age is worked out. In France for example you can retire after you have worked for a certain number of years and get a pension. So someone retiring at 57 would not be counted as taking early retirement because they would have worked the number of years needed to retire. In the UK retirement is linked to age not number of years worked.

Moby

Point taken.....just thought the survey would have had the same criteria for each country.

westernpromise

There should be a lifetime upper limit on how much income tax anyone is made to pay of, say, £1 million. There is no way anybody uses more than that amount of public services. In fact at the corresponding earnings level, the fact that you are a high earner is used to deny you those benefits.

There seems no reason why high earners should fund parasites limitlessly.