retire at 67

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retire at 67

Post by The Gimp on Fri 31 Jul 2009, 7:30 pm

http://www.channelonline.tv/channelonline_guernseynews/displayarticle.asp?id=438098


surprise, surprise.

tell me, does this apply to police officers, firemen etc. on a golden pension pot ?
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Re: retire at 67

Post by Thistle on Fri 31 Jul 2009, 7:52 pm

seems i will be ok then lol xx
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Re: retire at 67

Post by kat on Fri 31 Jul 2009, 8:15 pm

phew that is close ..i was born that year ...hubby will be pleased as he will retire in just under 4 years
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Re: retire at 67

Post by cockney on Fri 31 Jul 2009, 8:33 pm

People who have heavy manual jobs should be able to retire at 65. People who have soft jobs (desk jockeys etc.) should be made to retire at 70.

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Re: retire at 67

Post by wayside on Fri 31 Jul 2009, 10:03 pm

Thats OK I will now live 2 years longer just to get my own back :-)

In Fact sod it, I think I will go for an extra 4 years so I can make a bit of extra
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Re: retire at 67

Post by Pete Burtenshaw on Sun 02 Aug 2009, 1:06 pm

With the current system, if one dies before reaching 65 THEIR hard-earned money is put back into the pot. This same system will of course now apply for those retiring at 67. However, is this increase in retirement age is a cunning way of increasing the pot?? .......if you see what I mean.

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Re: retire at 67

Post by karma on Sun 02 Aug 2009, 1:58 pm

Both my Father and my Husband died before they reached their pension age, Father 60 husband 56 and I bet there are a lot like them........at least mum and I got a widow's pension - paid for by our husband's contributions - but they have stopped that - so if the man dies - the woman has to go out to work even if she is totally untrained, having been a homemaker and mother......doesn't seem right to me - and as you say Pete, they are now increasing the odds against you actually collecting! How many 60+ women, who have not trained for anything other than being a wife are going to walk into a job that will support them until they are 67???
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Re: retire at 67

Post by EDDIE on Sun 02 Aug 2009, 6:36 pm

now lets look at the larger picture here.

peeps running up to retirement now were probably alot worse off than ourselves years ago, i now my parents and all my friends parents struggled to buy a home and bring up a family.

now theve done it and in their twilight years theres alot of folks out there that are cash poor but property wealthy. ( thanks to the property boom )

once these parents have passed away and left their property etc to their children are they then going to have to work as hard as the parents did. I doubt it.

personaly i can see a generation ( the peeps in their 30s / early 40s ) not having to work to 67, but rather choose a job on a part time basis that just pays a min. contribution ( if you choose not to work at all you have to pay max. contribution. )

if my theory is correct the brown stuff will hit the fan big time.

i myself have other plans for my early retirement as i probably wont get a penny, and im not counting on it.
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