As someone who's retired and a baby boomer

Lucky or just someone who has thought about the future? I looked upon my pension contributions as a form of tax that I had to pay and did so for over 45 years. And thanks to that it paid off. So as I say to my kids, as tough as it sounds, I worked for this and managed to provide them with most of what they needed, even though time were tough. Thatcher's years were especially tough when we were bringing them up and money was very tight. My parents weren't house owners and neither am I so theres nothing for the kids from me in terms of property.
Yes we are the luckiest generation in history but is that a problem or just jealousy?

Posted By: berstreetsfinest on October 4th 2016 at 14:19:15

Message Thread

100% bang on, I'd say (General Chat) - CB41, Oct 4, 13:54:32
- I agree but... (General Chat) - robert_rosario, Oct 4, 14:57:07
- Doesn't even tough on the fact we have to pay for higher Education... (General Chat) - walksie, Oct 4, 14:30:48
  - Yeah that too, although I went out to work at 16 so free further education was a bit (General Chat) - CB41, Oct 4, 14:35:53
  - At least those born after might inherit the houses of the baby boomers... (n/m) (General Chat) - APB, Oct 4, 14:34:24
    - Unless we have to use the proceeds for dementia care. My partner's (General Chat) - CB41, Oct 4, 14:37:10
      - The massive social experiment otherwise called the 80s has left its legacy, for sure. (n/m) (General Chat) - APB, Oct 4, 14:53:50
      - The trick used to be, put your house in your kid's name before you (General Chat) - harry boulders, Oct 4, 14:48:50
        
        I think they've closed that loophole to a certain extent... (General Chat) - Brom, Oct 4, 14:51:33
        
        You're probably right, I did know a couple of people who did it a few years back. (General Chat) - harry boulders, Oct 4, 14:55:50
- As someone who's retired and a baby boomer (General Chat) - berstreetsfinest, Oct 4, 14:19:15
  - it's not a problem if (General Chat) - CWC, Oct 4, 15:02:41
  - Yeah, me too. My dad was a home owner as was I, largely due to us working our arses off (General Chat) - CB41, Oct 4, 14:33:31
    - how much is the highest state pension out of intrest? (General Chat) - Tombs, Oct 4, 15:19:33
      - I get 850/m (n/m) (General Chat) - CB41, Oct 4, 15:56:05
      - gottit granddad (n/m) (General Chat) - Tombs, Oct 4, 15:28:41
    - "as am" (n/m) (General Chat) - CB41, Oct 4, 14:43:06
    - As parents, we will help our children wherever we can (General Chat) - berstreetsfinest, Oct 4, 14:42:32
      - hi pops, my car clutch has gone and it needs a service - x (n/m) (General Chat) - Jumbo1, Oct 4, 15:45:26
        
        Do what we did - crawl underneath the bastard in the street in all weathers (General Chat) - CB41, Oct 4, 15:58:08
      - I retired early at 60 (General Chat) - berstreetsfinest, Oct 4, 14:51:22
        
        I took vol redundancy in July 2015. Wasn't intending retiring (General Chat) - CB41, Oct 4, 15:11:34
        
        Sounds as if you've cracked it! Good man. (General Chat) - berstreetsfinest, Oct 4, 21:45:12
      - Tis excellent, at least while everything still works. I sure as hell don't miss work :-) (n/m) (General Chat) - CB41, Oct 4, 14:44:39
- Certainly a dilemma. (General Chat) - avenging canary, Oct 4, 14:05:29

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