Can you live solely off state pension?

segovia

And my current "rates" are more than what my mortgage was when I had one !

westv

segovia said:

And my current "rates" are more than what my mortgage was when I had one !

I bet you still call them the gas and electric "boards". 

RG2015

segovia said:

State pension just about covers my Utilities and Rates

My utilities and council tax come to £425 per month. If I was single it would be £375 per month. (I gave a full list of my monthly expenses on page 1 of this thread).

A single person’s state pension is £880 per month. I guess you must have a larger house than me, although mine is band E for council tax.

segovia

westv said:

segovia said:

And my current "rates" are more than what my mortgage was when I had one !

I bet you still call them the gas and electric "boards". 

No, just thieving b_____rds

segovia

RG2015 said:

segovia said:

State pension just about covers my Utilities and Rates

My utilities and council tax come to £425 per month. If I was single it would be £375 per month. (I gave a full list of my monthly expenses on page 1 of this thread).

A single person’s state pension is £880 per month. I guess you must have a larger house than me, although mine is band E for council tax.

Utilities have just dropped, that leaves me with £123.00 a month to live on  

SouthCoastBoy

segovia said:

RG2015 said:

segovia said:

State pension just about covers my Utilities and Rates

My utilities and council tax come to £425 per month. If I was single it would be £375 per month. (I gave a full list of my monthly expenses on page 1 of this thread).

A single person’s state pension is £880 per month. I guess you must have a larger house than me, although mine is band E for council tax.

Utilities have just dropped, that leaves me with £123.00 a month to live on  

Don't forget you will get winter fuel allowance and most probably help with council tax. You can live off the state pension, my mum did it for 20 years, as have many others. 

RG2015

SouthCoastBoy said:

segovia said:

RG2015 said:

segovia said:

State pension just about covers my Utilities and Rates

My utilities and council tax come to £425 per month. If I was single it would be £375 per month. (I gave a full list of my monthly expenses on page 1 of this thread).

A single person’s state pension is £880 per month. I guess you must have a larger house than me, although mine is band E for council tax.

Utilities have just dropped, that leaves me with £123.00 a month to live on  

Don't forget you will get winter fuel allowance and most probably help with council tax. You can live off the state pension, my mum did it for 20 years, as have many others. 

I forgot the £500 winter fuel allowance in my figures. This effectively brings my monthly spend on utilities and council tax down by £41.66.

michaels

RG2015 said:

SouthCoastBoy said:

segovia said:

RG2015 said:

segovia said:

State pension just about covers my Utilities and Rates

My utilities and council tax come to £425 per month. If I was single it would be £375 per month. (I gave a full list of my monthly expenses on page 1 of this thread).

A single person’s state pension is £880 per month. I guess you must have a larger house than me, although mine is band E for council tax.

Utilities have just dropped, that leaves me with £123.00 a month to live on  

Don't forget you will get winter fuel allowance and most probably help with council tax. You can live off the state pension, my mum did it for 20 years, as have many others. 

I forgot the £500 winter fuel allowance in my figures. This effectively brings my monthly spend on utilities and council tax down by £41.66.

You would have the option to downsize if your budget was a constraint.  It is probably unlikely that you would live in a property with that level of bills if your earnings had not resulted in additional pension provision beyond the SP.

Kim1965

I f you are a homeowner with no savings, how could one offs be affordable on just the sp?
A new heat pump costs 5k (after gov grant). So in this scenario its a no. 

RG2015

michaels said:

RG2015 said:

SouthCoastBoy said:

segovia said:

RG2015 said:

segovia said:

State pension just about covers my Utilities and Rates

My utilities and council tax come to £425 per month. If I was single it would be £375 per month. (I gave a full list of my monthly expenses on page 1 of this thread).

A single person’s state pension is £880 per month. I guess you must have a larger house than me, although mine is band E for council tax.

Utilities have just dropped, that leaves me with £123.00 a month to live on  

Don't forget you will get winter fuel allowance and most probably help with council tax. You can live off the state pension, my mum did it for 20 years, as have many others. 

I forgot the £500 winter fuel allowance in my figures. This effectively brings my monthly spend on utilities and council tax down by £41.66.

You would have the option to downsize if your budget was a constraint.  It is probably unlikely that you would live in a property with that level of bills if your earnings had not resulted in additional pension provision beyond the SP.

I don't quite follow this.

Are you suggesting that I should qualify for additional pension provision beyond the SP?