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DimPrawn
9th July 2008, 08:46
Time to select how you will pay for your retirement?

Diver
9th July 2008, 08:47
BTL + vast collection of antiques + Pension plan

TheBigYinJames
9th July 2008, 08:49
I'm not doing anything at all (should really be an option)
Since I'm from the west of Scotland I won't be alive for my retirement.

DimPrawn
9th July 2008, 08:50
Yes, doing nothing, living for today and letting the Socialist government look after you with a raft of benefits is a good plan.

Moscow Mule
9th July 2008, 08:51
I'm reminded of a comment from when I was in Moscow;

Me: He looks like your average 60 year old Russian guy.

Mate: What? Dead?



Average lifespan for the Russian Male, 59.

BlasterBates
9th July 2008, 09:04
Retirement....only wimps retire.

rootsnall
9th July 2008, 09:14
Yes, doing nothing, living for today and letting the Socialist government look after you with a raft of benefits is a good plan.

It's either do sod all and rely on the state or go for it big style and stash a lot of money away, don't go for the half way house. The In Laws stupidly saved what they could and see virtually no gain for stashing what was a lot of money away for them in their 50s.

I hope and expect the state handouts will get a severe trimming before it's time for me to retire. If the masses are starving and I'm living behind big iron gates then I'll be truly happy :smokin

wc2
9th July 2008, 09:20
My Plan H is going great 35k in over 1 year and £220 out so far.

Long term investment.

I must love Mrs WC2 - Still if it means she does all the work then all the better.

Anyone know of a red sports car and 21 year old blonde for hire?

ThomasSoerensen
10th July 2008, 19:27
Suicide at fifty year birthday. This has been the plan since I was 13.

KackAttack
10th July 2008, 21:33
Putting money into a pension fund and buy an annuity

This is an old fashioned view of retirement. You no longer need to buy an annuity, you can use drawdown until age 75, then use an ASP (alternatively secured pension).

No doubt pensions will be back in vogue again soon as people realise that property pensions are limiting your options.

shoes
10th July 2008, 21:53
I'm already as retired as Im going to get, I only contract until I can afford to have a few months off, then I do it again. Meanwhile I'm saving a modest pot which is beyond the reach of the typical permie.

What's the point of only stopping work when you're too old to do it or much else anyway.

Working for all of the most healthy years of your life is crazy.

Shimano105
11th July 2008, 06:58
I like your thinking, shoes. Harder to do when you've got sprogs mind, but some of the quotes on whywork.org are along those lines (some lefty nutters there as well though)

ace00
11th July 2008, 07:24
I like your thinking, shoes. Harder to do when you've got sprogs mind, but some of the quotes on whywork.org are along those lines (some lefty nutters there as well though)

Yeh, me too. I am gradually reducing the work component of the work / holiday balance, so now it's about 66/33 in a couple of years 50/50, after that 33/66. But I got no kids which makes it easier. It's the only reason I contract, like the holidays.

bobhope
11th July 2008, 07:25
Ooooo multi-selection poll - fancy.

Just give me 3 more good contracting years.

Chantho
11th July 2008, 08:20
Suicide at fifty year birthday. This has been the plan since I was 13.

Been reading that Steppenwolf book have we?