NJS 3960 Posted January 28, 2020 Share Posted January 28, 2020 Watch out for the shit where they want to buy an annuity - catch there is they calculate it over 35 years by assuming people live to 100 which of course they don't. Pensions are less of a scam than they used to be when life expectancy was 67 but I still think they're a con to some extent. Link to comment Share on other sites More sharing options...
Tdansmith 2068 Posted January 28, 2020 Share Posted January 28, 2020 1 minute ago, ewerk said: Aye, at my age I’ve gone for medium-high risk. I’ve spent an hour thinking about this bollocks and I’m bored to death of it. It's very boring stuff but well worth thinking about and getting advice if you're not sure about it. Two of my work mates are near retirement and have been very sensible with their money over the years, looks like they both will be minted and very comfortable in their retirement. Link to comment Share on other sites More sharing options...
NJS 3960 Posted January 28, 2020 Share Posted January 28, 2020 When I got my first job in banking in 2003, I missed out on a final salary scheme which they'd closed 6 month beforehand. If I'd got on that I'd still be there now even if I was sweeping the floors. Link to comment Share on other sites More sharing options...
Gemmill 34190 Posted January 28, 2020 Share Posted January 28, 2020 14 minutes ago, ewerk said: Aye, at my age I’ve gone for medium-high risk. I’ve spent an hour thinking about this bollocks and I’m bored to death of it. Read this book. https://www.amazon.co.uk/dp/1533667926/ref=cm_sw_r_cp_apa_i_6GjmEbV2JVD7P 1 Link to comment Share on other sites More sharing options...
Gemmill 34190 Posted January 28, 2020 Share Posted January 28, 2020 7 minutes ago, NJS said: When I got my first job in banking in 2003, I missed out on a final salary scheme which they'd closed 6 month beforehand. If I'd got on that I'd still be there now even if I was sweeping the floors. Aye I missed out on it at NR. There was a big push last year for people to transfer out of the final salary scheme and into a normal fund. People in not that great jobs who had just been there forever were transferring out £500k to £800k pension pots. Link to comment Share on other sites More sharing options...
Tdansmith 2068 Posted January 28, 2020 Share Posted January 28, 2020 10 minutes ago, Gemmill said: Read this book. https://www.amazon.co.uk/dp/1533667926/ref=cm_sw_r_cp_apa_i_6GjmEbV2JVD7P Mr Money Mustache is a name you can trust 1 Link to comment Share on other sites More sharing options...
Kid Dynamite 5890 Posted January 28, 2020 Share Posted January 28, 2020 42 minutes ago, NJS said: When I got my first job in banking in 2003, I missed out on a final salary scheme which they'd closed 6 month beforehand. If I'd got on that I'd still be there now even if I was sweeping the floors. Plus side of a career average pension is you can spend the last 10 years going part time once your mortgage is paid off, and it won't absolutely fuck your pension Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted January 28, 2020 Share Posted January 28, 2020 1 hour ago, ewerk said: Aye, at my age I’ve gone for medium-high risk. I’ve spent an hour thinking about this bollocks and I’m bored to death of it. 7 out of 7 risk here. But then I've bollocks. Link to comment Share on other sites More sharing options...
ewerk 26192 Posted January 28, 2020 Share Posted January 28, 2020 I’m afraid you’re confusing me with @strawb 1 Link to comment Share on other sites More sharing options...
strawb 3652 Posted January 28, 2020 Share Posted January 28, 2020 2 hours ago, ewerk said: I’m afraid you’re confusing me with @strawb You are confusing me with someone that doesn’t have a social housing provider pension mate. I’m sorted. I think you are older than me too, so you best get your affairs I order Link to comment Share on other sites More sharing options...
Howmanheyman 26625 Posted January 29, 2020 Share Posted January 29, 2020 15 hours ago, Renton said: Is this saying that Dutch people earn more when they retire than they do when they work? And the lazy French bastards, who retire at 55 or something daft, get the equivalent of 3/4 salary? And we get proportionately less than fucking Mexico!? Or am I just reading this completely wrong? Well there's massive protests in France at the moment* around Macron fucking with their pensions so maybe they've got something worth fighting for? Obviously us servile British have a far inferior pension than the rest of Europe, that's why we voted leave, damn their eyes! *Apparently woefully underreported on the BBC for some reason? (I very rarely watch the BBC news at the minute so may be misinformed but I wonder if there'd be more coverage had France had a more left wing president in charge, say a Monsieur Jeremie Corbaine? 1 2 Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted January 31, 2020 Share Posted January 31, 2020 (edited) A bloke at the last place I worked at, a humble production shift worker like me, late 50s, part of the furniture, hated the job, made a bit of profit from a house sale. Instead of moving to a nicer area of the shithole that he now resides, or retiring early, he drops 70k on a used Aston Martin. Then when they offered voluntary redundancies (that he always complained were unlikely as he'd bite their hand off, such was his suffering) he refused his circa 40k payout as he feared he wouldn't be able to keep the car. What would Mr Money Moustachio advise in his position? Edited January 31, 2020 by TheGingerQuiff Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted January 31, 2020 Share Posted January 31, 2020 The handbrake cable snapped and he kerbed fuck out of one of his wheels in the first week he got it. Not sure if important. Link to comment Share on other sites More sharing options...
Meenzer 13988 Posted January 31, 2020 Share Posted January 31, 2020 I understand approximately three of the words in the above 1 Link to comment Share on other sites More sharing options...
TheGingerQuiff 2412 Posted January 31, 2020 Share Posted January 31, 2020 Bloke, shithole and Martin? Link to comment Share on other sites More sharing options...
Meenzer 13988 Posted January 31, 2020 Share Posted January 31, 2020 24 minutes ago, TheGingerQuiff said: Bloke, shithole and Martin? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now