Retire now at 66 years old.

[Toffee297]

For those of us who don't reach 65 be the time 2018 comes around. Mr osbourne has announced we will not be able to retire until we reach 66 unless of course you can afford to retire early

STRIKE STRIKE c'mon lets do a France

[waterboy]

ill be lucky if it not 70 by time it comes round for me

[Peter]

ill be lucky if it not 70 by time it comes round for me

I was still working part time at 70, but the Government made me retire. No worries, I start a new job next week and I am only 76.  It is part time on a consultancy basis!

[waterboy]

I was still working part time at 70, but the Government made me retire. No worries, I start a new job next week and I am only 76.  It is part time on a consultancy basis!

good on you we need more people like you willing to work past retirement age.

i will be working for as long as i am healthy to do something i wouldnt know what to do with myself without work to break the day up

[rayvon]

good on you we need more people like you willing to work past retirement age.

i will be working for as long as i am healthy to do something i wouldnt know what to do with myself without work to break the day up

Or looking at it from the other side, should Peter, with his generous pension(s) be taking a job from someone younger in more need of the work?

[The Ghost Of Ethel]

I could save millions of pounds spent by the NHS by bringing in one small piece of legislation.

Once people reach the age of 65 they should be given an exemption card.

This would allow them to shop in the supermarkets, dine out at restaurants or even go the cinema for absolutely no cost whatsoever.

Then after three months we shoot them.

The amount spent on medicines, hospital bills and care packages for the retired would drop to zero.

The money could then be put to better use by increasing spending on luxury jail cells, better housing for immigrants and 'virtual' signing-on booths in every household where people on benefits, who cant be worded working, don't even have to leave the house to get what they can from the system.

[waterboy]

Or looking at it from the other side, should Peter, with his generous pension(s) be taking a job from someone younger in more need of the work?

theres jobs out there for the younger ones if they want them and older people pay higher tax on their earnings so what they earn over their state pension is taken back

[Peter]

Or looking at it from the other side, should Peter, with his generous pension(s) be taking a job from someone younger in more need of the work?

No one younger wanted, or could, do it.

And, as well, I am doing it without salary, just merely out of pocket expenses.

[Steve]

Fortunately, most people have a private pension and can retire when they like!
Didn't Mrs T instigate the private pension???

Don't be confused, 66 is the age for a state pension- not retirement!

[Dawn]

so......just to clarify, does this mean that anyone who currently works and won't have retired by 2018 or whenever it is has to work til 66 unless they can afford to butt out, OR anyone who starts employment after that?

[midnightrider]

They can raise the retirement age to 99, Once I reach 65 I will be retiring whether I can afford it or not. Earlier if possible.

[prehensile]

so......just to clarify, does this mean that anyone who currently works and won't have retired by 2018 or whenever it is has to work til 66 unless they can afford to butt out, OR anyone who starts employment after that?

It will probably be phased in gradually in the same way they are currently moving the state pension age for women from 60 to 65.

So something along the lines of

People born in the first few months of 1953 will have to wait an extra month
People born in the middle of 1953 will have to wait an extra two or three months
and so on until
People born towards the end of 1954 will have to wait an extra year - ie won't get their state pension until 66.

It is q that the rise will continue beyond 66, either in 2020 or soon afterwards.

[prehensile]

Last line should have read ...

It is quite likely that the rise will continue beyond 66, either in 2020 or soon afterwards 

[Peter]

Fortunately, most people have a private pension and can retire when they like!
Didn't Mrs T instigate the private pension???

Don't be confused, 66 is the age for a state pension- not retirement!

No. Private pensions existed before she was born.

[Steve]

No. Private pensions existed before she was born.

Was just a punt!