How to cope with work in run to retirement

JoeCrystal

If they are going to fiddle with the National Insurance, I think they should go all the way and abolish the National Insurance and merge it with the Income Tax and make it 30% instead. It would simplify the whole tax collection and would raise money from the people who don't pay any National Insurance. It would also take away the 2% that the people on over £4,167 a month as well. It would need something to replace the Employer's NI contributions though. I don't think this will ever happen in our lifetimes somehow.

Anonymous101

JoeCrystal wrote: »

If they are going to fiddle with the National Insurance, I think they should go all the way and abolish the National Insurance and merge it with the Income Tax and make it 30% instead. It would simplify the whole tax collection and would raise money from the people who don't pay any National Insurance. It would also take away the 2% that the people on over £4,167 a month as well. It would need something to replace the Employer's NI contributions though. I don't think this will ever happen in our lifetimes somehow.

No the cretins in Westminster would rather keep the system as is where they get two bites at the cherry.... they are able to sell any changes to "tax" whilst leaving themselves the opportunity to sneak any N.I. changes into the budget small print.

pensionpawn

Anonymous101 wrote: »

Work has always been a means to an end for me. I have thought that way since I was very young.


That's not to say I'm not committed or want to do a good job, and I do enjoy aspects of it. I just don't like having to work. Getting up to an alarm clock, commuting and being tied to someone else's schedules and timescales isn't ideal for me so once I reach F.I. I doubt I'll continue to work for years like some do.

100%. If there's the odd contract work that comes my way then if I'm bored, why not? Can't see me ever being bored though

blisteringblue

Well I got an interesting surprise yesterday, after trying for an exit and not getting it, I played hardball by being as difficult as possible and suggested a better structure that they are now going to implement. Works very much in my favour, so might be happy to see it out to 55 now as I can do 2-3 days at home this way without breaking sweat

Anonymous101

pensionpawn wrote: »

100%. If there's the odd contract work that comes my way then if I'm bored, why not? Can't see me ever being bored though

Me either. There's enough for several lifetimes of things to see, do and learn so I'll find plenty to keep me occupied.

JoeEngland

Anonymous101 wrote: »

Work has always been a means to an end for me. I have thought that way since I was very young.


That's not to say I'm not committed or want to do a good job, and I do enjoy aspects of it. I just don't like having to work. Getting up to an alarm clock, commuting and being tied to someone else's schedules and timescales isn't ideal for me so once I reach F.I. I doubt I'll continue to work for years like some do.

That sounds just like me! A retired family friend of my wife said I'll be bored if I give up work, but I said I'm more bored at work than when I have the freedom to do other things.

JoeEngland

cfw1994 wrote: »

Maybe.....although I actually do mostly enjoy my work, like the options money gives me and am looking forward to giving up and doing other things!
Maybe that makes me the last one in your categories:rotfl:

Yeah, 4 types of people ☺

Anonymous101

JoeEngland wrote: »

That sounds just like me! A retired family friend of my wife said I'll be bored if I give up work, but I said I'm more bored at work than when I have the freedom to do other things.

That’s it. My dad was the opposite and continues to work well past state pension age... I’m doing everything I can to get out as early as possible!

barnstar2077

I still have over ten years to go and am really struggling at the moment. I am finding it hard not to check my finances every day and I look at every purchase in terms of how much time it will add on to the end of my work life before I can retire, Part of me is grateful for finally waking up and taking my retirement seriously, but another part of me was happier mindlessly plodding through life none the wiser. I feel like I have been woken up from the matrix and am not sure what to make of it!

MallyGirl

Ditto. I spend too much time in the spreadsheets hoping I have missed some obvious way that I can make the numbers bigger.