buy gold now

[Peter]

Gary

Put your hard earned money away.I am in the age bracket that means I won't get state pension until I'm 68.Why haven't we had riots about this?

I had 100k in my pension fund which became 60k in 2008.I've never had debt (apart from the house)My girls both want to go to Uni.

I shall pay for subscriptions to the Young Farmers club and hope. Coins and George 11 furniture are on my hit list.Don't worry about the chavs they will go for a playstation every time.

[Coinery]

Gary

Put your hard earned money away.I am in the age bracket that means I won't get state pension until I'm 68.Why haven't we had riots about this?

I had 100k in my pension fund which became 60k in 2008.I've never had debt (apart from the house)My girls both want to go to Uni.

I shall pay for subscriptions to the Young Farmers club and hope. Coins and George 11 furniture are on my hit list.Don't worry about the chavs they will go for a playstation every time.

It's a really sad state of affairs! My son is 4 and my gift to him will be the knowledge to work WITH the system, but looking all the time for the gaps and side streets where an intelligent groat can be made! I feel so immensely sorry for my old Theatre colleagues who are strangled to the point where they can no longer take a free breath and float in contemplation of their lives anymore! How can these poor people make informed change in these circumstances?

You've got it spot on Peter!

Incidently, that was meant to read NON-compliance in an earlier post!

Edited May 27, 2012 by Coinery

[SEnumis]

Gary

Put your hard earned money away.I am in the age bracket that means I won't get state pension until I'm 68.Why haven't we had riots about this?

I had 100k in my pension fund which became 60k in 2008.I've never had debt (apart from the house)My girls both want to go to Uni.

I shall pay for subscriptions to the Young Farmers club and hope. Coins and George 11 furniture are on my hit list.Don't worry about the chavs they will go for a playstation every time.

Again I'm no financier but putting money in a pension fund looks like the tax tail wagging the investment dog - and some of those pension funds really are dogs. A good investment (i.e. one that brings home the bacon in terms of both capital growth and income generation - decide the right balance for you) is a good investment wether tax free or not. Also pension the Government makes you buy an annuity with it! Annuity rates are falling very fast as people live longer, give up smoking etc. I have investments: they might fund my retirement or they might fund my life. I'll stop work when I have the means to do so. My investments aren't tax freebut then nobady says what I do with them. If I want to blow it all on a dozen 1919 KN pennies at UNC I can.

[Peter]

Trouble is smoke and have a liver problem you might get an extra few £.

My coins and bits will not be taxable.

[Peckris]

Trouble is smoke and have a liver problem you might get an extra few £.

My coins and bits will not be taxable.

Yet if you actually HAVE a disease (rather than your smoker, who MIGHT get one), you won't get an annuity rate any better than a smoker's.

[TomGoodheart]

It certainly seems as if making choices is very difficult at present. We had money saved for daughter to go to university, but with the tripling of the fees, it's just a bit of help rather than the genuine support we'd hoped to provide. But she may never work and so never need to pay back her loans, so I decided why worry? She's no worse off than anyone else and a bright kid so we'll see how it pans out.

As for myself (and Wifey) we have savings which are basically my inheritance from my parents. But we're by no means wealthy, we have a few pensions each that should amount to 4 or 6K a year, plus whatever the state gives us. I stopped boosting my pension a couple of years back and bought a small house which we rent out and I figure we'll have to live on savings and rental income to top up the pensions.

Diversity I reckon is the best idea at the moment because it feels as if, while some were fortunate, the majority of people with all their financial eggs in one basket came a cropper. But if I had more money, which I don't, I honestly wouldn't know where to invest it.

I suppose I'm sort of burying my head in the sand. But the way I see it is that worrying about it all isn't going to change anything, so I count my blessings and assume it'll all work out in the end. Certainly I'm aware that I am a most fortunate person to be living at this time, in this country, being in work, a relationship, little debt. No life is perfect, but mine is a damn sight better than some, if not most.