The Retirement Thread

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welsh dragon

Thanks but no thanks. I think I'll pass.
Yes.
Obvs I don't know your age and thats were the crystal ball comes in.
Its a matter of equating what it will cost l/s compared to the % increase.
In our case it was obvious. MrsD was 63ish and it cost us £3K to top it up from approx 25% to 90%. She only needed to live about 4 years to get it back.


I start to get my state pension next March so 65.
 

Dave7

Legendary Member
Location
Cheshire
I start to get my state pension next March so 65.
I suggest you phone them.
Ask.......
How much % extra if you pay 3/5/7grand ect.
There will come a point when you think RIGHT.......IF i pay X and live 3 years I have got my money back.....any more is a bonus.
 
As silly as this bugger, plastic bag in a bucket :wacko:

611404
 

12boy

Guru
Location
Casper WY USA
I like it y'all are helping one another navigate your retirement income stuff. Of course, your system is all above my head. After 30+ years explaining Social Security to folks coming into the SSA offices in which I worked it all came down to 3 things... how much can you make by still working, how long are you going to live and how much the benefit will be at various ages. SSA are decreased by about 20% at age 62, 100 % at full retirement age (about 67 now) and increased by 8% for each year between full retirement age and age 70. Of course, there are other factors for widows, widowers, spouses who can draw more on not their spouses records etc, etc etc. Easy peasy. For myself, I get a Civil Service annuity plus a few bucks from SSA. I always urged people filing a claim to have a "rememberer" with them to help absorb the knowledge.
Be safe and well
 
D

Deleted member 1258

Guest
From my Facebook page, Lol.

Doctor Jones has slept with one of his patients and has been feeling terribly guilty about it all day long.
No matter how much he tries to forget about it, he can't.
The guilt and sense of betrayal is overwhelming.
But every once in a while he hears an internal, reassuring voice in his head saying :-
"Jonesey, don't worry about it."
"You aren't the first medical practitioner to sleep with one of their patients, and you definitely won't be the last...."
"And you're single after all......"
"Just let it go...."
.
.
But, invariably another voice in his head keeps nagging away at him bringing him back to reality, whispering........

.
"But Jonesey....... you're a vet."
 
OP
OP
Dirk

Dirk

If 6 Was 9
Location
Watchet
I might try to top mine off a bit. I will have to see how much I would have to spend topping it up versus what the return would be.
It really is an absolute no brainer.
Where else are you going to get an ongoing 30+% return on your capital?
I take it that you expect to live for longer than 3 more years? I know that's a question none of us can answer with certainty, but, unless you already have a serious condition, it's not an unreasonable expectation - is it?
It basically all boils down to whether you can afford to put a few grand to one side, without it affecting your present circumstances.
 

Dave7

Legendary Member
Location
Cheshire
 

Paulus

Started young, and still going.
Location
Barnet,
Good evening all. Just back from a couple of days in liverpool. We did all the usual tourist things down on the old dockside.
Albert Dock is where the restaurants are, and the Maritime and liverpool museums are worth visiting.
We did the Ferry across the Mersey, well you have to really.
Plus we visited the Anglican Cathedral and the more modern Catholic Metropolitan Cathedral.
Today I took the Mersey Rail, Wirral line out to West Kirby which was a pleasant surprise. The tide was out when after a short walk I got to the beach and marina.
Ther were no problems with the train service to and from liverpool.
Our accommodation was an eight bed apartment on Hardman street, more or less right in the centre. A good couple of days were had, with plenty of walking around.
611444


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