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Post by jon on Mar 3, 2021 18:36:00 GMT 1
By the time you get to state pension age, they will have moved to to 104. I think its £175/week or 9k/year. Not good, but if it is backed up by a company or personal pension then may be ok. Well ive got 12 years before I can claim it, with annual increases by then, added to my railway pension, I should be able to cope, and its generally recognized that your spending needs decrease in old age, so who knows what actually is enough. Well one thing is for sure, by the time we are planned to retire at around 67 (presently for most of us I would think) it’s unlikely most of us will be fit enough or allowed to carry on this expensive hobby. That is sure to free up a few hundred quid a month. Jon
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Post by tony2stroke on Mar 3, 2021 18:40:06 GMT 1
Well ive got 12 years before I can claim it, with annual increases by then, added to my railway pension, I should be able to cope, and its generally recognized that your spending needs decrease in old age, so who knows what actually is enough. Well one thing is for sure, by the time we are planned to retire at around 67 (presently for most of us I would think) it’s unlikely most of us will be fit enough or allowed to carry on this expensive hobby. That is sure to free up a few hundred quid a month. Jon Now there's a sad thought, not being allowed or able to fiddle and ride bikes anymore, sounds like hell to me.
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Post by jon on Mar 3, 2021 18:52:28 GMT 1
Well one thing is for sure, by the time we are planned to retire at around 67 (presently for most of us I would think) it’s unlikely most of us will be fit enough or allowed to carry on this expensive hobby. That is sure to free up a few hundred quid a month. Jon Now there's a sad thought, not being allowed or able to fiddle and ride bikes anymore, sounds like hell to me. I wonder if there are RD’s in heaven? May explain the clouds? Jon
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Post by donkeychomp on Mar 3, 2021 22:50:44 GMT 1
RD heaven.
You can park your bike wherever you want with the keys in it, and it'll still be there when you come back.
No cars allowed.
You get a free Simpson Bandit when you arrive.
Your bike is in any colour and in whatever state of tune you like. Standard or hybrid, both if you want.
The home you live in has an even bigger garage with every tool you can imagine, a fridge, a stereo and an espresso machine.
No speed limits, and if you do have an off you won't get hurt and your bike heals itself instantly.
Alex
ps you also have a specialist HD TV channel that shows nothing but 2 strokes 24/7
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Post by steve h on Mar 3, 2021 23:05:59 GMT 1
Well one thing is for sure, by the time we are planned to retire at around 67 (presently for most of us I would think) it’s unlikely most of us will be fit enough or allowed to carry on this expensive hobby. That is sure to free up a few hundred quid a month. Jon Now there's a sad thought, not being allowed or able to fiddle and ride bikes anymore, sounds like hell to me. And that can come long before 67 for some................... so ride and fiddle away NOW! Life is fickle!
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Pension
Mar 4, 2021 7:55:13 GMT 1
via mobile
Post by itsnick350 on Mar 4, 2021 7:55:13 GMT 1
I was very lucky when I joined the water board at 16 somebody said “just join the pension scheme” and continued to do this at every company I worked at. I then decided to try and add any pay increases into additional pension contributions and finally when I was 40 stayed putting 25% of my salary into the pension. All of this meant that at the age of 59 I bought a ypvs to tinker with rather than sit at a laptop all day. Pensions are boring but can make a huge difference to your life
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