| Topic: | Re:Re:Re:Pensions Question | |
| Posted by: | Jonathan Bingham | |
| Date/Time: | 07/07/13 19:24:00 |
| There is no retirement age. The default retirement age of 65 was scrapped some time ago and now you can work as long (or not) as you like. So now you can just stop working when you want to if you can afford it (which also depends on the standard of living you are prepared to accept), or work until you can't keep going - if your employer will let you. But people working longer poses problems for young people as they are staying in jobs young people need, or do they? I'd think that economics would predict that more people working would give you a stronger economy and generate more money. So really the economy is not producing jobs for the increased workforce - that's not the fault of the older people - You've got to wonder how come there are no jobs for people willing to work for salaries that are ten years behind inflation - no market?. Private pensions? - Great for the people who run the schemes - a rubbish return for the users - if they weren't tax efficient they would be a waste of money. |