21-11-2018, 10:24 PM
92
Re: God Help The Generations To Follow!
Originally Posted by Floydy
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It's all to do with the government hoping we die before we can claim our hard-earned pensions. Either that or they keep the money in their bank accumulating tax to pay for their special bonuses and lavish banquets.
21-11-2018, 10:31 PM
93
Re: God Help The Generations To Follow!
Originally Posted by OldGreyFox
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If we sold our house to release the money Julie, we would have to either buy another one or rent one where the money would soon be eaten up. Around £500 per month is average round here and that equates to £6000 per year. My two bed bungalow is worth around £120,000 = 20 years at today's rental prices but they would soon rise. So I'd be chucked out in my eighties.You are right Julie, A one off purchase of today's technology would not be enough to buy a house. However, the steady drip drip drip of package subscriptions and credit arrangements would soon mount up and over a period of time would go a long way to offsetting a mortgage. Not to mention the constant need to replace and upgrade certain items perhaps several times over twenty five years. The average duration of a mortgage.
A decent mid terrace house round here could be had for £80,000, and there is plenty of work available for those that want it. For a first time buyer or young family it would provide that important first step on the property ladder.
Although swim is very wrong when he says we are poor because of where we live, my rent now is £350 a month because we have paid off our mortgage portion of the flat. I doubt we'd get such a nice flat as we have in such a nice area any where else in the country.
I don't even see us as poor, we have roof, heating and food, we aren't doing so badly really.
When I talk about poverty it's about others, the couple living in a tent on a demolished pub site, the lady been sanctioned and had no money for six weeks because she couldn't read the letter they sent her.
25-11-2018, 06:18 AM
94
Re: God Help The Generations To Follow!
Originally Posted by shropshiregirl
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According to Roz Altman, Pension specialist, The government actuary says the UK State Pension is not sustainable, even though it is the lowest in the developed world, according to latest OECD figures.
Our pension is exactly the same for everybody, there is no contribution but it is means tested and I think you have to be a permanent resident for 10 years to get it.
You should be up in arms.
25-11-2018, 07:35 AM
95
Re: God Help The Generations To Follow!
Originally Posted by Bruce
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I don't understand this. You pay for your pension each payday don't you? The amount you get depends on how much you put in (correct me if I am wrong). How can it not be sustainable? Absolutely absurd.Our pension is exactly the same for everybody, there is no contribution but it is means tested and I think you have to be a permanent resident for 10 years to get it.
You should be up in arms.
25-11-2018, 10:26 AM
97
Re: God Help The Generations To Follow!
Originally Posted by Bruce
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I don't understand this. You pay for your pension each payday don't you? The amount you get depends on how much you put in (correct me if I am wrong). How can it not be sustainable? Absolutely absurd.Our pension is exactly the same for everybody, there is no contribution but it is means tested and I think you have to be a permanent resident for 10 years to get it.
You should be up in arms.
25-11-2018, 12:34 PM
98
Re: God Help The Generations To Follow!
Originally Posted by Bruce
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I don't understand this. You pay for your pension each payday don't you? The amount you get depends on how much you put in (correct me if I am wrong). How can it not be sustainable? Absolutely absurd.Our pension is exactly the same for everybody, there is no contribution but it is means tested and I think you have to be a permanent resident for 10 years to get it.
You should be up in arms.
Such things are foreign aid, vanity projects like HS2, and the admission and support of 'economic migrants'.
If they were to stop the waste, which seems to be endemic now, perhaps they's be able to pay our pensions, build new hospitals and roads, etc - the things that we really need.
25-11-2018, 12:35 PM
99
Re: God Help The Generations To Follow!
Originally Posted by d00d
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The Daily Mail has been widely criticised for its unreliability, as well as printing of sensationalist and inaccurate scare stories © Wikipedia There, it's official.
And guess where this, "According to Roz Altman ..." story came from.
And they new editor has ensure that they now support our EU membership.
I shall probably move to the Daily Express.
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