Monday 3 June 2019


All hail the new official pensioner – or not

I am happy to report that a couple of months ago I reached the age where I can now get something back from HM Government after years of helping fill the national coffers.
Yes, my dear reader, I reached the official pensionable age of 65. Yes, that’s right. 65.
Unfortunately I won’t be eligible for my state pension until October this year, six months after my birthday. SWMBO, who reaches the milestone this autumn, will have to wait another 12 months until her state pension comes through.
Are we upset? No, not really, as we were fortunate enough to be able to save a bit over the years and plan for our dotage. So, another six months or a year wait will be tough but shouldn’t change our lives too much.
The problem is that everyone is living so much longer. When I started out in newspapers a hundred years ago my first editor retired at 65. He was dead at 67. So he paid into the State for getting on for 50 years and got back two years’ worth of pension.
Nowadays people retiring at 65 can expect to live for another 20 years or so. And you don’t need a degree in Mathematics to work out that is just not sustainable.

As an official pensioner, I relish shopping at Lidl (other low cost supermarkets are available) more than ever.
And as with all food stores, Lidl offer regular special deals.
One particular money-saving deal last week made me do a double take – see the photo (right).
I really think this genetic engineering thingy has taken a step too far.

1 comment:

  1. Don't get too carried away Mike as soon as you start receiving the state pension the wonderful people at HMRC will screw you for every penny they can out of your private pension. Death and taxes no escape.

    Peter.

    ReplyDelete