The Retirement Thread

[Paulus]

Has anyone between the ages of 60 and 65 had to seriously reconsider their retirement plans in the wake of this Coronavirus disaster and the inevitable effect it will have on your pensions/investments?

Nope. I will worry about that if and when it happens. I still have just under 4 years until the state pension comes in.
MrsP is still working part time, 15 hours a week, but how long she is going to carry on is a bit of a lottery. The re homing centre where she works is under financial pressure now because there are hardly any critters coming in since the virus.
Every one is either keeping them or selling cats, kittens, puppies and dogs privately.
So her work may make the decision for her.

 

[screenman]

The chimney breast is making progress

 

[rustybolts]

Those three words that women say that have the power to strike dread into the heart of any man. " I've been thinking..."

" ..of ways to drive you crazy and give you grounds for justifiable manslaughter "

 

[Dirk]

Nope. I will worry about that if and when it happens. I still have just under 4 years until the state pension comes in.

We're getting along just fine as it is.
Just applying for my state pension which I get in November - an extra £8500 a year.
MrsD gets hers in just over 18 months time.
Trying to figure out what to do with an extra £17000 a year.
We'll probably spend most of it on generally having a good time and then waste the rest.....

 

[gavroche]

Mmmmmm biscuits. We are a biscuit free household as either my daughter or I will just eat them all at one sitting 😂😂😂

I restrict myself to two chocolate biscuits with my cup of coffee ......................................... sometimes three but..........................very rarely four.
Mind over matter really.

 

[welsh dragon]

Has anyone between the ages of 60 and 65 had to seriously reconsider their retirement plans in the wake of this Coronavirus disaster and the inevitable effect it will have on your pensions/investments?

I just go with the flow. We can spend less if things get a bit harder but we don't need to change anything at the moment. I am a bit worried about interest rates going down to negative or even minus negative interest rates but if that happens I will move what I have into premium bonds and sod the bank.

I have 18 months to go before I get my state pension as well.

 

[gavroche]

I just go with the flow. We can spend less if things get a bit harder but we don't need to change anything at the moment. I am a bit worried about interest rates going down to negative or even minus negative interest rates but if that happens I will move what I have into premium bonds and sod the bank.

I still can't get how you can have negative interest rate? Doesn't make mathematical , financial or practical sense.

 

[Mo1959]

Suppose a lot depends on your lifestyle. I don’t drink or smoke. Not that bothered about holidays either. I am content with the simple things in life and never happier than when out in the fresh air walking, jogging, cycling, etc. I now have more than enough bikes to last me for years and all the clothing and footwear for most conditions. Talking of which the rain is now battering down! As long as I can have a roof over my head which I can afford to heat and food on the table and my big telly, computer, etc to amuse me when indoors I am happy.

 

[classic33]

The chimney breast is making progress View attachment 534271

And you?

 

[welsh dragon]

I still can't get how you can have negative interest rate? Doesn't make mathematical , financial or practical sense.

I know but watch this space I think. We would end up having to pay the bank to keep our money and as for a mortgage, you would keep paying the same but the the number of years you would have left to pay would come down quite a lot. Stupid I know but WHEN it happens I will move what little I have

 

[GM]

The chimney breast is making progress View attachment 534271

Ok, I give in, what is it?

 

[Dave7]

If it was not blowing a 4 it was not worth getting the board out for.

Something I never tried.
Swiming, snorkelling, scuba diving etc ....loved them all. But never tried getting on a board.

 

[screenman]

And you?

Me, I am making sawdust.

 

[screenman]

Ok, I give in, what is it?

Sawdust, I make lots when playing with wood, why cut once when you can cut, sand,file, cut a bit more then start again because it is now too short.

 

[Dave7]

Same. I just can't buy packs of anything like that. Always full of good intentions to ration them and just have one with a cuppa......not the first time they are gone by the end of the day!

Might have said this before.......can't recall when I last had a bicky as I don't have a sweet tooth. I do enjoy a dunked ginger bicky but again can't tecall the last one.
Now I have said that I can taste one. Maybe tomorrow