Retirement

[Tashyboy]

That’s because the jobs don’t pay well enough for a family to get a mortgage and live properly.
So they want the older ones to do it.

I wonder if we can nominate folk ?

might have a bruise if I put Missis Ts name forwar.

 

[clubchamp98]

I wonder if we can nominate folk ?

might have a bruise if I put Missis Ts name forwar.

Yes on your backside when she kicks you out to look for a job..

 

[Mudball]

That’s because the jobs don’t pay well enough for a family to get a mortgage and live properly.
So they want the older ones to do it.

A bit harsh perhaps..

 

[clubchamp98]

A bit harsh perhaps..

Not really.
Bet there’s not many 60K jobs going.

I find when you retire if you have cleared the mortgage and major debts I hardly spend anything.
But it costs money to go to work ,transport, meals ,clothes etc.
So I could do a minimum wage job no problem.
But someone with a mortgage and a few kids can’t survive on minimum wage.

 

[IanM]

Lots of skilled, higher rate tax payers have jumped off the payroll.

Golf and fishing are more attractive than listening to corporate cobblers!!

 

[Mudball]

Not really.
Bet there’s not many 60K jobs going.

I find when you retire if you have cleared the mortgage and major debts I hardly spend anything.
But it costs money to go to work ,transport, meals ,clothes etc.
So I could do a minimum wage job no problem.
But someone with a mortgage and a few kids can’t survive on minimum wage.

I agree…. But there is a section that will argue that those on min wage/dole should not have mortgage or kids.

 

[Billysboots]

Not really.
Bet there’s not many 60K jobs going.

I find when you retire if you have cleared the mortgage and major debts I hardly spend anything.
But it costs money to go to work ,transport, meals ,clothes etc.
So I could do a minimum wage job no problem.
But someone with a mortgage and a few kids can’t survive on minimum wage.

This with bells on.

I don’t spend anywhere near what I expected to in retirement. My biggest expense, apart from fuel in the car to get me to various golf courses, are my monthly subs and the price of a couple of pints after a round. If I just had a coffee afterwards I’d save a fortune.

 

[Tashyboy]

This with bells on.

I don’t spend anywhere near what I expected to in retirement. My biggest expense, apart from fuel in the car to get me to various golf courses, are my monthly subs and the price of a couple of pints after a round. If I just had a coffee afterwards I’d save a fortune.

For me my/ Missis Ts mindset has changed now re what we now buy and how. Take golf for example. I like the quality gear, but why pay £200 for decent shoes when you can wait a year and get £80 off. ( I like and wear Ecco). They will last me years and none of my pals think there 4 years old. Same with clubs. The money to be saved buying clubs a year or two old. Just had a pair of ECCO walking shoes come today, £40 off.

Theres not a cat in hells chance of me going back to work now

 

[Billysboots]

Theres not a cat in hells chance of me going back to work now

I don’t mind a nice little part time job like mine, but wild horses wouldn’t drag me back to a full time role. I still drive past our local police HQ, where I was stationed for almost 20 years, and it feels as though that was another life - I haven’t missed a single thing about it in nearly two years, and doubt I ever will. I didn’t dislike it, but I never became institutionalised like so many do. It was a job, no more.

Thanks for sharing that link, by the way. Some really useful stuff there Tash.

 

[Hobbit]

https://www.bbc.co.uk/news/business-64083802

Shove it ?

Yes there’s lots of vacancies but you could change shortage of labour to shortage of tax. And if they’re looking at incentives to get early retirees back into work, it would have to be financial incentives. If they can find the money for that they can find the money to pay the nurses more. That would generate more tax from nurses than part-time pocket money jobs for retirees.

As Tashy sez, shove it…

 

[Tashyboy]

I don’t mind a nice little part time job like mine, but wild horses wouldn’t drag me back to a full time role. I still drive past our local police HQ, where I was stationed for almost 20 years, and it feels as though that was another life - I haven’t missed a single thing about it in nearly two years, and doubt I ever will. I didn’t dislike it, but I never became institutionalised like so many do. It was a job, no more.

Thanks for sharing that link, by the way. Some really useful stuff there Tash.

To be honest Billy I didn’t know if it was rammel or not. Some of the pensions were opted out from public sector. That means NHS and ? Does it mean police. I don’t know so it could or could of not been relevant. I suppose it goes back to everyone being different.

 

[Mudball]

Yes there’s lots of vacancies but you could change shortage of labour to shortage of tax. And if they’re looking at incentives to get early retirees back into work, it would have to be financial incentives. If they can find the money for that they can find the money to pay the nurses more. That would generate more tax from nurses than part-time pocket money jobs for retirees.

As Tashy sez, shove it…

But nurses are not seen as traditional vote banks but silver haired retirees are ..

 

[Alan Clifford]

For me my/ Missis Ts mindset has changed now re what we now buy and how. Take golf for example. I like the quality gear, but why pay £200 for decent shoes when you can wait a year and get £80 off. ( I like and wear Ecco). They will last me years and none of my pals think there 4 years old. Same with clubs. The money to be saved buying clubs a year or two old. Just had a pair of ECCO walking shoes come today, £40 off.

Theres not a cat in hells chance of me going back to work now

I bought "last year's model" from the Footjoy's website.

 

[Matty6]

I’m 43 so a little way off from retiring. However, I want to be out of my profession (Cyber Security) by 60 at the latest. It’s a stressful role, so don’t want to be putting that strain on my body and mind for too much longer. We recently bought a holiday let that will supplement our retirement income long term. Aiming to get that mortgage, and the mortgage of our main home paid off way before retirement.

 

[Tashyboy]

I’m 43 so a little way off from retiring. However, I want to be out of my profession (Cyber Security) by 60 at the latest. It’s a stressful role, so don’t want to be putting that strain on my body and mind for too much longer. We recently bought a holiday let that will supplement our retirement income long term. Aiming to get that mortgage, and the mortgage of our main home paid off way before retirement.

?
I am involved with a reunion do for retired miners etc. A couple of weeks ago I was listening to a couple of lads talking. They both have bought houses to rent out and are doing quite well. Sometimes there’s a bit of stress with the renters but by and large they are happy as a pig in muck. Plus the value of the properties have gone up massively since they have bought them.

 

[williamalex1]

My retirement song was " Take This Job and Shove it " by Johnny Paycheck.

 

[Fade and Die]

My retirement song was " Take This Job and Shove it " by Johnny Paycheck.

As a fellow sparky I’m curious how you managed to retire so early, did you work for a large organisation with a terrific pension scheme?

 

[williamalex1]

As a fellow sparky I’m curious how you managed to retire so early, did you work for a large organisation with a terrific pension scheme?

I was 30 years with local authority's, working only in schools and other council buildings.
When they broke up Strathclyde Regional council amalgamating with various local councils
I was moved to North Lanarkshire Council working along side their existing housing electricians and was offered a retirement deal.

They added 10 years service giving me the maximum pension based on the best of the last 3 years earnings, plus a lump sum.
I reformed a band I had back in the day and started playing the clubs, and enjoyed playing that song lol.
Also some electrical work if the price was right and when it suited me .

 

[Fade and Die]

I was 30 years with local authority's, working only in schools and other council buildings.
When they broke up Strathclyde Regional council amalgamating with various local councils
I was moved to North Lanarkshire Council working along side their existing housing electricians and was offered a retirement deal.

They added 10 years service giving me the maximum pension based on the best of the last 3 years earnings, plus a lump sum.
I reformed a band I had back in the day and started playing the clubs, and enjoyed playing that song lol.
Also some electrical work if the price was right and when it suited me .

That’s terrific Will. Well done.

I was 56 yesterday, all being well I’ll be packing in in 4 years time. Can’t bloody wait! ?

 

[williamalex1]

That’s terrific Will. Well done.

I was 56 yesterday, all being well I’ll be packing in in 4 years time. Can’t bloody wait! ?

Best of luck mate, the best move you'll make.