The Retirement Thread

[Dirk]

My old work buddy, he's 65 and18 months older than me , gets his state pension today and is finally going part time. I feel really sorry for him as he has been seriously ill (prostate cancer, resulting in major surgery 5 years ago and now it's come back and spread to other places). He hadn't been in the job long enough to accrue sufficient pension to retire at 60 and his wife is 5 years younger than him, so he would be 71 by the time she gets state pension. She suffers from depression and hasn't worked for years, so no works pension.
Having to work 3 days a week with all that can't be nice.
It makes me realise how fortunate I am.

 

[welsh dragon]

My old work buddy, he's 65 and18 months older than me , gets his state pension today and is finally going part time. I feel really sorry for him as he has been seriously ill (prostate cancer, resulting in major surgery 5 years ago and now it's come back and spread to other places). He hadn't been in the job long enough to accrue sufficient pension to retire at 60 and his wife is 5 years younger than him, so he would be 71 by the time she gets state pension. She suffers from depression and hasn't worked for years, so no works pension.
Having to work 3 days a week with all that can't be nice.
It makes me realise how fortunate I am.

Not good news, and it shows that even in this day and age, some people don't get to enjoy their retirement. Years ago it wasn't unusual for people to reach retirement age only to die within 12 months. After a lifetime of manual hard labour, they were just about done altogether. Sad news.

 

[Deleted member 1258]

My old work buddy, he's 65 and18 months older than me , gets his state pension today and is finally going part time. I feel really sorry for him as he has been seriously ill (prostate cancer, resulting in major surgery 5 years ago and now it's come back and spread to other places). He hadn't been in the job long enough to accrue sufficient pension to retire at 60 and his wife is 5 years younger than him, so he would be 71 by the time she gets state pension. She suffers from depression and hasn't worked for years, so no works pension.
Having to work 3 days a week with all that can't be nice.
It makes me realise how fortunate I am.

 

[Drago]

Having to work 3 days a week with all that can't be nice.
It makes me realise how fortunate I am.

Health wise, yes, were fortunate.

Financially, fortune has nothing to do with it. We worked hard, earned our money, and saved/invested it wisely. In this regard we are well prepared, sensible and wise, not fortunate.

 

[Deleted member 1258]

Not good news, and it shows that even in this day and age, some people don't get to enjoy their retirement. Years ago it wasn't unusual for people to reach retirement age only to die within 12 months. After a lifetime of manual hard labour, they were just about done altogether. Sad news.

Yes, I remember several people at a place I worked for years ago retiring and passing away within 12 months, I remember one person passing away on his last day at work during his retirement do.

 

[Dirk]

I would recommend anyone, who has the slightest possibility of retiring early, to grasp the opportunity with both hands.
If you are in a job that is either stressful or physically hard, the 5 years between 60 and 65 will probably be the toughest (and longest) of your working life.

 

[welsh dragon]

I would recommend anyone, who has the slightest possibility of retiring early, to grasp the opportunity with both hands.
If you are in a job that is either stressful or physically hard, the 5 years between 60 and 65 will probably be the toughest (and longest) of your working life.

I agree with that.

 

[GM]

My old work buddy, he's 65 and18 months older than me , gets his state pension today and is finally going part time. I feel really sorry for him as he has been seriously ill (prostate cancer, resulting in major surgery 5 years ago and now it's come back and spread to other places). He hadn't been in the job long enough to accrue sufficient pension to retire at 60 and his wife is 5 years younger than him, so he would be 71 by the time she gets state pension. She suffers from depression and hasn't worked for years, so no works pension.
Having to work 3 days a week with all that can't be nice.
It makes me realise how fortunate I am.

That's very sad. A bit like my dad, retired at 65 died at 66.

 

[Dirk]

That's very sad. A bit like my dad, retired at 65 died at 66.

My dad retired at 60 and had a further 28 very enjoyable years.
I aim to at least equal that.

 

[screenman]

Health wise, yes, were fortunate.

Financially, fortune has nothing to do with it. We worked hard, earned our money, and saved/invested it wisely. In this regard we are well prepared, sensible and wise, not fortunate.

Or you were in the public sector did not have a choice in pension payments and got a return on your investments others cannot even hope for.

 

[GM]

My dad retired at 60 and had a further 28 very enjoyable years.
I aim to at least equal that.

I've no doubt that a fine athletic figure of a man like you will do!

 

[dodgy]

Health wise, yes, were fortunate.

Financially, fortune has nothing to do with it. We worked hard, earned our money, and saved/invested it wisely. In this regard we are well prepared, sensible and wise, not fortunate.

You keep trotting this same old thing out. The fact is you were in the Police with a gilt lined pension, stop dressing it up as if you have somehow 'cracked' early retirement.

Good luck to you, but you need a reality check.

 

[Drago]

I aim to screw my Gold Plated Civil Service Pension ( TM, Daily Mail New Reich Publications) for longer than I paid into it.

 

[derrick]

You keep trotting this same old thing out. The fact is you were in the Police with a gilt lined pension, stop dressing it up as if you have somehow 'cracked' early retirement.

Good luck to you, but you need a reality check.

You don't need to have a gilt lined pension, it's all about getting it right while you are working, i left school at 13 worked all my life, retired early, and now i do what i want, when i want. never earned megger money, never had anything left to me. just hard work.

 

[screenman]

I aim to screw my Gold Plated Civil Service Pension ( TM, Daily Mail New Reich Publications) for longer than I paid into it.

My retired at 48 copper mate reckons he would only get about a third of the pension he gets if the money he paid in bought an annuity, he admits that he has been very lucky. I still believe that people should get what they were promised.