"Healthy Life expectancy"

Cobbler_tone

Phossy said:

Cobbler_tone said:

These are just stats to reinforce what most of us already know through lived experience.
I haven't heard or read any stories where people retire with a decent income and end up in poverty. 

Everyone's lived experience is different, 

They are...and if that experience is seeing parents and your friends parents (and a sizeable chunk of that generation), carrying their baskets around M&S and choosing which bonds and ISAs to choose, that lived experience tells you that you are more likely to be better off the older you get.
It is pretty obvious that if you work to your state pension age with nothing other than the state pension, you are unlikely to shop in M&S and go on fancy holidays...although one poster tried to convince us otherwise once.

As an aside...there is a sight every Sunday morning at 10am which warms my heart. I pop into Waitrose and there are two or three elderly ladies (I always say good morning), all sitting at the bench in the window with their free coffees and some cake/biscuits that they have bought from home. I hope I am in walking distance of a Waitrose when I am 80+, that's what I would do. 

Cobbler_tone

jim8888 said:

Phossy said:

Cobbler_tone said:

These are just stats to reinforce what most of us already know through lived experience.
I haven't heard or read any stories where people retire with a decent income and end up in poverty. 

Everyone's lived experience is different, and for me any meaningful stats (PLSA obviously are excluded) are useful to help make considered decisions, not just confirm my bias. One of my biases is that I think this forum generally directs people towards ending up the richest person in the graveyard. 

The book "Die With Zero" is one of the few I can think of totally focused on spending your savings and investments. 

I'd hazard a guess a small minority proactively offload their house to live off the proceeds in their final years.
Care requirements aside.....

BrilliantButScary

Phossy said:

Cobbler_tone said:

These are just stats to reinforce what most of us already know through lived experience.
I haven't heard or read any stories where people retire with a decent income and end up in poverty. 

Everyone's lived experience is different, and for me any meaningful stats (PLSA obviously are excluded) are useful to help make considered decisions, not just confirm my bias. One of my biases is that I think this forum generally directs people towards ending up the richest person in the graveyard. 

There is certainly a lot of the "tax tail, wagging the dog", on the forum, hopefully not at the cost of enjoying a healthy, active retirement.

singhini

Phossy said:

Everyone's lived experience is different, and for me any meaningful stats (PLSA obviously are excluded) are useful to help make considered decisions, not just confirm my bias. One of my biases is that I think this forum generally directs people towards ending up the richest person in the graveyard. 

I totally agree. 
Ive got no other half, no children and parents who died aged 66 and 67 (and a sister who died aged 45). 
Mum got 1 year of state pension
Dad got 2
Sister got none

I'm spending everything Ive got (sensibly) ASAP

squirrelpie

singhini said:

Phossy said:

Everyone's lived experience is different, and for me any meaningful stats (PLSA obviously are excluded) are useful to help make considered decisions, not just confirm my bias. One of my biases is that I think this forum generally directs people towards ending up the richest person in the graveyard. 

I totally agree. 
Ive got no other half, no children and parents who died aged 66 and 67 (and a sister who died aged 45). 
Mum got 1 year of state pension
Dad got 2
Sister got none

I'm spending everything Ive got (sensibly) ASAP

If it was me, I'd be asking what killed my parents, and could I do anything to avoid it? But I expect you already do that?

singhini

squirrelpie said:

singhini said:

Phossy said:

Everyone's lived experience is different, and for me any meaningful stats (PLSA obviously are excluded) are useful to help make considered decisions, not just confirm my bias. One of my biases is that I think this forum generally directs people towards ending up the richest person in the graveyard. 

I totally agree. 
Ive got no other half, no children and parents who died aged 66 and 67 (and a sister who died aged 45). 
Mum got 1 year of state pension
Dad got 2
Sister got none

I'm spending everything Ive got (sensibly) ASAP

If it was me, I'd be asking what killed my parents, and could I do anything to avoid it? But I expect you already do that?

Having 6 kids  :LOL:

Stomach cancer and a stroke.

I stopped drinking alcohol in my early fifties (as it provides no biological function but can cause harm if over consumed and) and i try to avoid processing food and eating ultra-processed foods.

Of the 2,000 - 2,500 calories a day i try to get 50% through eating natural unprocessed foods (i try, but don't always achieve)