retirement

Right Ziggy.
But how do I eat while this is going on.:D

 

Same way as Scrunge & I, grow all you can, catch as much fish as you can when they are there & in the meantime, grab the supermarket bargains.

Been living off homegrown food, and a marvelous spate of special offer veggie sossages recently, the salad has been knocked back by the frosts, so getting some Alfalfa sprouts on the go to fill the gap.

 

Did I spot Victor Meldrew in a pre-senile but still grumpy phase?

 

As it extends each year until you have to work until you are 70 will you still be able to run up the ladder with a hod of 30 bricks on your back, or if you are in an office sit on your treetreetreetree for five more years

Actually old chap I find no problem sitting on padded leather seats in Parliament seven hour a week no chore, so get out there and do your job

You will get the same Gov pension wether you have paid 30 years or 50
WE have to pay the benefit scroungers out of something and your contribution is welcomed

What you have to do is squirrel away enough to live on for two years (apart from the £64pw Job seekers allowance)
Then you will qualify for the full benefits of £26k a year tax free = to a working wage of £37k only you will not have to pay transport to work costs or have sandwiches at lunch as you are not at home where you have access to your full kitchen facilites fully upgraded by the Council, along with your free treble glazing , new roof,and a full rewire of your home along with a £1000 one off for re decorating

Oh your actually making an effort to buy your home SORRY you will have to forgo the improvements for free then

Hopefully you have paid extra out of your takehome pay to increase your pension , sorry then you have missed out on the pension credit that tops your basic pension up to the maximum those people have paid for for fifty years for

Please do enjoy your retirement and do not forget to pay us tax on your private savings so we can top up those who have never worked with the income they are used to

I am so sorry that you have not managed to convince the disabilty board that your little finger damage has impeded your employment status Therefore we can not give you a Range Rover 4x4 with free fuel and a Blue badge for convenient parking

Just work on sir and we are sure you will enjoy YOUR retirement

Regards DWP

Jack McHammocklashing

 

Don't tell the government but being retired:

Cuts out a load of expenditure like travelling to and from work, buying suits/ ties/shirts/shoes, dry cleaning, buying lunches - because you're too busy/knackered to make your own, liquid lunches to get over the morning/prepare for the afternoon.

Enables you can go shopping when the 'bargains' are to be had, when there's free parking spaces available and you also get to avoid the crowds/queues so you can shop around (and have time to research the best buys beforehand). If you pay for fuel to get into town then you've time to visit virtually every shop until you find some purchase that makes the trip worthwhile.

Means you can take cheap bargain break holidays whenever you fancy, or simply throw the camping gear in the car whenever there's a few days good weather forecast.

Gives you time for all those outstanding DIY jobs that either got left or you paid somebody else to do.

Choosing hobbies such as gardening provides fresh food & free exercise, and walking/cycling more exercise and foraging opportunities (even at this time of year there's fircones for the fire to collect). These all fit in well with home winemaking/preserving/homebaking/etc. as you can grow or pick free stuff from the hedgerows.

You don't pay N.I. on your pension.

So if anyone ever gets the chance of early retirement grab it !



P.S. Had some of those Tesco meat free 'Mediterranean Style' sausages on special offer yesterday with some of our own eggs and homegrown spuds - very tasty.

 

Were those the Linda Mc Sausage ones? Had some of those too

 

Not Linda McPhartney - Tesco Finest Mediterranean Style with olives & tomato, 6 for £1.14 (was looking for something extra so I could use a £5 off £40 voucher and get it up to £60 so I'd also get about£10 off my diesel (had an almost empty tank +fuel can). I was also doing a neighbour's shopping and wanted our stuff to consist of almost entirely of reduced/special offers/BOGOF plus include a 'try me free' so our part of the shop would be virtually free (which paid the cost of the trip). Every little helps when you're a pensioner.

 

some time back i saw a signature on another forum which said...When you come to retire you need to be one of two things.Either a Millianaire or on Benefits,because if you are a Millianaire you don't need to worry about money and if you are on Benefits the state will look after you...:D

That counts us out then as we are neither Milliaonaires or on Benefits and Mr Kandy has alreayd made inquiries as to whether he can do part time when he is due to retire in four and a bit years as I won't be able to draw my state pension now until i am 66but by then it will have been put up so we shall never ever get anything:(

PS,with the state pension do both me and Mr Kandy get the state pension as one single payment or do we get two lots as I worked and paid in for 34 years and he will have done 47 years {He started work at 18 after doing his A levels} but I keep reading that it is one figure and for a married couple it is something like £102,eeek

If anyone is savvy about such things and can give me and answer i would be most greatful

 

Sounds like you might be one of the women born in1954/55 (like me) who've seen their state pension receding into the distance with very little time to plan for it. I would like to have some sort of reassurance that 66 means 66.

I'm wondering what is the minimum annual income that a single person running a house and car can cope on without having an utterly miserable life with no fun - though that's subjective, of course.

A friend tells me that she and her husband manage on less than £8000 between them. Anyone else got ball-park estimates? I can't see that I could cover my outgoings plus a small amount of pocket money for much less than £700 pcm net. Maybe I just need to try harder.

Is it just me that gets a perverse thrill out of achieving this? Of course, perverse thrills are thin on the ground these days, so that might explain it.

 

I can't afford many perverse thrills on my pension, only lots of cheap ones.

 

My mum lives on the basic state pension and still manages to run her car. She's topped up by a small amount of income support money which, although not very significant in itself, does mean that she is exempt from council tax. This is a godsend, because it is high in her London borough. She owns her small flat and her living costs are therefore modest. Mum has always taken the view that she is not prepared to buy anything unless she gets a very good deal, so I suppose living on a tiny income is not as much of a challenge to her as it might be to others.

 

my thought entirely...

I have seen a few examples of people working hard in their lifetime to achieve a reasonably secure position (own house-maybe some investments-savings) to be then exploited of all of it come the time to go in a home for elderly or similar situation.

I am now 47 and I plan to see how the wind blows in terms of health, economical situation etc in about 20 years from now. Then i will decide the best course of action.

In the world that we live in I don't even believe owning the house where you live is particularly advantageous.
There are plenty of houses around and the houseowner is unlikely to get rid of a tenant which pays in time and does not cause any issues.
What is needed nowadays are well behaved reliable tenants.

Many elderly parents would be extremely content to live in an accomodation within or next door their son/daughter house.