Retirement poverty trap faces middle-aged

**hyperD** · 12 October 2005, 06:41

Mornin' benes!

I don't think it's just 50 years olds - bring the age bar down and the same applies.

**milanbenes** · 12 October 2005, 06:46

Morning Hyper,

I think you're right !

maybe bringing the age bar down will increase the
percentage in the net from 1 in 10 to...

come on then own up, who's saving and who's spending ?

Milan.

**threaded** · 12 October 2005, 07:01

I keep trying to retire, but clients keep offering me too much money to come and do 'just another little job' for them. It's a weakness I admit too.

**Fleetwood** · 12 October 2005, 07:34

to

**voron** · 12 October 2005, 08:03

Originally posted by zeitghost

The standard of grammar & punctuation has fallen steadily on this new board.

Threaded's spelling and grammar has been awful recently. Either:

1) He is going through some mid life crisis and is desperately trying to impress his students by being all 'street'.

2) He has been kidnapped by aliens and an imposter called Clifford is posting under his name.

3) He has been telling porkies all this time. He is really called Trevor, went to Hackney Comp and works as a window cleaner.

**mcquiggd** · 12 October 2005, 08:11

Not sure if well all live past 50... visions of Logans Run and Soylent Green spring to mind as Nu Labours Fourth Reich struggles to meet NHS targets and reduced farming subsidies.

**G8_Summit** · 12 October 2005, 08:37

we'll

**hyperD** · 12 October 2005, 08:38

Have to admit with minimum pension and savings and working harder and harder to earn more, seeing things like council tax, stealth taxes increasing at a higher rate, interest rates hovering above 3%, I just see the wealth being pinched.

My only financial regret is not making more of moving up the SE housing market from 1992 and buying a place in London, but then I might not have taken other risks.

**ratewhore** · 12 October 2005, 08:55

The definition of poverty has changed from 'real' poverty where you can't put food on the table. You probably wouldn't even notice if you fall into the govt approved version of poverty...

Retirement poverty trap faces middle-aged