[The Jester of Wibbly]

Investing for the future is not only for retirement, it's also for peice of mind and mental health for the present.   It also provides financial help to your loved ones if something awful  happens before retirement.

[dd]

I am 59 and if I had not made a good level of investment into my retirement planning, I would probably be dreading the years ahead with the financial pressures of pushing myself to work as I get older.

[matty72]

omg fair play to you all, I'm reaching 52, haven't a put a penny a side, didn't really even think about until last couple of years, now can't really afford it, mortgage, daughter and living expenses take it really, but I might look into buying a small amount of shares, least it's a start, I do remember speaking to this lady i knew 30 years ago she was a financial adviser I think, her advice was either be really rich or have nothing towards the end because the government takes it all  one way or another if your in the middle.

[Shrek]

Retirement age to raise to 71 by 2050 to get state pension

https://www.peoplemanagement.co.uk/article/1860556/retiring-71-experts-react-proposed-change-pension-age

[Shrek]

What I didn’t realise was that the private pension age is linked to the state pension age and also rises before you can access it.

https://www.ii.co.uk/analysis-commentary/minimum-private-pension-age-could-be-rising-58-ii526874

I will stick with my S&S isa & rental property

[NBwcs]

I am 59 and if I had not made a good level of investment into my retirement planning, I would probably be dreading the years ahead with the financial pressures of pushing myself to work as I get older.

I have made as much provision as i can but it heavily relies on my being able to carry on working for the next 10 yrs and im already starting to fall to bits. Id be lying if i said it doesn't concern me a bit. Those  in government  live in cuckoo land if they think those in physical jobs can work into their seventies and ours is no where near as demanding as some jobs. We cant all push supermarket trollies about.

[The Jester of Wibbly]

Thanks to the Government ignoring self employed labour intensive jobs.....

[dazmond]

I shouldn’t really stay on this forum but as long as Dazmond keeps posting it makes me chuckle! 😅

Dazmond is at that age when he thinks he will live for ever, he also started working late in life so probably thinks he needs to make up for that, when he has 50years of graft under his belt I'm sure his priorities will change.

Dazmond (Mr Bean) reminds me of myself when I was in my early thirties. Healthy living, sneering at fat people and smokers then caught cancer.
He’ll change.

You ve knocked 20 years off me!thank you sir!!😆😆🤣....I'm 52!

[dazmond]

I shouldn’t really stay on this forum but as long as Dazmond keeps posting it makes me chuckle! 😅

Dazmond is at that age when he thinks he will live for ever, he also started working late in life so probably thinks he needs to make up for that, when he has 50years of graft under his belt I'm sure his priorities will change.

Wtf are you on about?I've been working outside since I was 16 years of age

[Dry Clean]

I shouldn’t really stay on this forum but as long as Dazmond keeps posting it makes me chuckle! 😅

Dazmond is at that age when he thinks he will live for ever, he also started working late in life so probably thinks he needs to make up for that, when he has 50years of graft under his belt I'm sure his priorities will change.

Wtf are you on about?I've been working outside since I was 16 years of age

Back in the day there was a member on here who talked about instead of working in his twenties and early thirties spent it drinking, drug taking and bedding women, he then went on to tell us about how he turned his life around sobered up concentrated on his work and never looked back, for some reason  I thought that was you Dazmond. Apologies.

[Scrimble]

I have already starting buying buy to let's, should have at least 100 by the time I retire, pensions are for mugs

[dd]

I have already starting buying buy to let's, should have at least 100 by the time I retire, pensions are for mugs

Why do you need a 100 properties before you retire?

There would be a lot of work involved in managing/maintaining properties and dealing with tenants.

[Slacky]

He’s joking.

[Bungle]

I have already starting buying buy to let's, should have at least 100 by the time I retire, pensions are for mugs

Good for you. It sounds like you've got your head screwed on.

[Bungle]

I have already starting buying buy to let's, should have at least 100 by the time I retire, pensions are for mugs

Why do you need a 100 properties before you retire?

There would be a lot of work involved in managing/maintaining properties and dealing with tenants.

He's already got 10. I'd get rid of the window cleaning side of things if it were me.

[dd]

He’s joking.

I thought jokes were supposed to be funny.

[Bungle]

He’s joking.

I thought jokes were supposed to be funny.

Scramble is an inspiration as is splash and dash.

[Scrimble]

I manage 5000 window cleaning customers so 100 properties no problem, its shocking to me that most people in general have no financial planning for the future.

[Splash & dash]

I manage 5000 window cleaning customers so 100 properties no problem, its shocking to me that most people in general have no financial planning for the future.

I wouldn’t want to own 100 properties but 3-4 is a very good earner and a solid investment for the future

[robbo333]

Embarrassed to say I’ve never paid into a pension and done zero retirement planning until I hit 40.

Last few years I’ve started investing heavily into ETF’s and index funds in a  S&SISA. Probably not the most tax efficient way of saving for retirement but I like to have full control of my finances and ISA’s are tax free (on the way out) unlike pensions.

Play with  compound interest calculator and its unbelievable what compounding can do to investments over 10-20-30 years.

Will also be mortgage free by 45 and have the Mrs teachers pension, aswell as 2 x state pensions.

Did you know that, in the USA, you can now get a Bitcoin ETF, not sure if you can get it in the UK yet, but it won't be long and I think it's performing very well at the moment.