Example of things not to do regarding retirement

molerat

GibbsRule_No3 wrote: »

After the first rise in SP age, I should have been receiving my SP this month, but now won’t get it until March 2020. I did not mind the first rise, it is the extra months that have been now added that bug me. I’d like to hear from men born on my birthday who now have to wait until 66 and how they feel.

I think they would be justifiably most upset as, if your retirement date is March 2020, you will be around 65y9m. Them waiting until 66 would most unfair

Terron

The only problem with the equalization of ages is that I can no longer tell my sisters that they are nearer to official old age than me. One is 11 mnnth younger the other 4,5 years younger than me.

atush

JoeEngland wrote: »

It's a typical Guardian nonsense piece.

A total load of cobblers.

The woman gave away her money to her children and is now complaining she doesnt have enough.

I'll help mine, but only after I know I have enough to live on.

System

atush wrote: »

The woman gave away her money to her children .

Actually she said:


" so that I can contribute small amounts to help my sons get on to the property ladder."

Silvertabby

“
The woman gave away her money to her children .
Originally posted by atush

Clifford_Pope wrote: »

Actually she said:

" so that I can contribute small amounts to help my sons get on to the property ladder."

Well, it would have been more than the odd fiver if it was enough to help pay for their house deposits !

No sympathy. She knew well in advance that she wouldn't get her pension at 60, yet still chose to dole out money to her sons.

badmemory

Clifford_Pope wrote: »

Actually she said:


" so that I can contribute small amounts to help my sons get on to the property ladder."

Would love to know what area that comment would apply to, or her version of small amounts is a lot different from mine, because anything without 4 noughts on the end in most places in the UK would not be a lot of help!

bostonerimus

GibbsRule_No3 wrote: »

So you retire between 2026-2028?

I can collect the SP in 2028, but I'm already retired.

bostonerimus

I applaud the woman in the article for working, renting out a room and looking to economize by using a bike. The issue I have is that she hasn't managed her finances very well. She's an example of someone with the resources to be very comfortable, but she hasn't invested or managed her money in a sensible way.

TBC15

After reading the article call me cold but I don't have any sympathy for the plight that the graunaid find themselves in.

JoeEngland

TBC15 wrote: »

After reading the article call me cold but I don't have any sympathy for the plight that the graunaid find themselves in.

It would have been good journalism if the Guardian had used that woman as an example to give advice on good financial planning.