The realisation you're getting old

[Alex321]

When you start to like jazz.

I've been old since my 20's then

 

[Ming the Merciless]

 

[ebikeerwidnes]

When most of teh ads you see are for "Over 50 life insurance" (that guy from the Sun Life ad is REALLY creepy!!! - should he be allowed binoculars???)
and simple cremation 'products'
and ads encouraging you to 'release equity' from the house "for the children"

all of which annoy me or worse!!!

 

[bagpuss]

Taking Pils is not just a drink of lager

 

[Ming the Merciless]

When you act on one of those over 50 funeral plans advertised on TV.

 

[ebikeerwidnes]

When you act on one of those over 50 funeral plans advertised on TV.

Nah - I'm not creepy enough

(other opinions are available)

 

[Julia9054]

When you act on one of those over 50 funeral plans advertised on TV.

. . . for the free Parker pen or carriage clock.
Or as my son aged three asked me “Mummy, do we have a cabbage clock?”

 

[Accy cyclist]

When you act on one of those over 50 funeral plans advertised on TV.

I've been getting pre-paid funeral plan adverts/letters through my door lately. Well, since I turned 60, 15 months. I also get mobility scooter, incontinence clothes letters/ads as well.

 

[Accy cyclist]

I've found lately that when i drop my walking stick someone always offers to pick it up for me. The other day I dropped it and the person walking by as it fell just carried on, not offering to pick it up. How fecking rude of them I thought!🧐

 

[Ming the Merciless]

I've found lately that when i drop my walking stick someone always offers to pick it up for me. The other day I dropped it and the person walking by as it fell just carried on, not offering to pick it up. How fecking rude of them I thought!🧐

Shouldn’t go round dropping litter 😏

 

[captain nemo1701]

When most of teh ads you see are for "Over 50 life insurance" (that guy from the Sun Life ad is REALLY creepy!!! - should he be allowed binoculars???)
and simple cremation 'products'
and ads encouraging you to 'release equity' from the house "for the children"

all of which annoy me or worse!!!

Equity release is a bit of a con, basically a deferred loan secured against your property and with an average 5% compound interest rate, that's a lot of cash your kids will lose.

 

[ebikeerwidnes]

Equity release is a bit of a con, basically a deferred loan secured against your property and with an average 5% compound interest rate, that's a lot of cash your kids will lose.

I haven't looked at the money in detail - but the concept is clearly getting close to being a scam
OK for a few people - but given the number of ads, especially in the mornings, I suspect a lot of these are being 'sold' that should not be.

I can see it becoming the next mis-selling scandal when a lot of people realise they are going to die and leave nothing to their children
or when children realise that their parents died thinking they have left their kids doing OK - but it turns out that there is nothing left.

and it will generate a lot of arguments where they take a 'policy' out to help one kid thinking they are doing the right think - then they die and the other kids find out that the one kid has had his bit and the company has taken all the rest.

It is amazing how little people think about long term money

 

[Rusty Nails]

I haven't looked at the money in detail - but the concept is clearly getting close to being a scam
OK for a few people - but given the number of ads, especially in the mornings, I suspect a lot of these are being 'sold' that should not be.

I can see it becoming the next mis-selling scandal when a lot of people realise they are going to die and leave nothing to their children
or when children realise that their parents died thinking they have left their kids doing OK - but it turns out that there is nothing left.

and it will generate a lot of arguments where they take a 'policy' out to help one kid thinking they are doing the right think - then they die and the other kids find out that the one kid has had his bit and the company has taken all the rest.

It is amazing how little people think about long term money

I have a friend, sadly now in a care home with dementia, who took equity release about six years ago on his flat. He has no kids and thought the money would come in handy for his new online young love, Svetlana, who was going to come to live with him once she had sorted out her elderly family's financial affairs back in Yekaterinberg. Unsurprisingly she never did despite the £25K he sent her over six months.
We were never sure whether the con-trick helped bring on the dementia, or whether he only got into it because of early symptoms.

 

[captain nemo1701]

I haven't looked at the money in detail - but the concept is clearly getting close to being a scam
OK for a few people - but given the number of ads, especially in the mornings, I suspect a lot of these are being 'sold' that should not be.

I can see it becoming the next mis-selling scandal when a lot of people realise they are going to die and leave nothing to their children
or when children realise that their parents died thinking they have left their kids doing OK - but it turns out that there is nothing left.

and it will generate a lot of arguments where they take a 'policy' out to help one kid thinking they are doing the right think - then they die and the other kids find out that the one kid has had his bit and the company has taken all the rest.

It is amazing how little people think about long term money

The minimum they generally allow you to take out is about £10k and assuming you live 20 years, that's about £26k your kids will lose from your estate (at 5% interest).

 

[swee'pea99]

It's almost like they know I'm a male homeowner in my early sixties...

I haven't actually come across the equity release myths but if I do so I'm sure these nice people will be there to help me not fall for them. Phew.