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.
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.
ReplyDeletePeter.