The Retirement Thread

[figbat]

Morning all. Can I be a junior member.

Why ? I hear you ask.

Well I received my first monthly pension today from one of my schemes. Hitting the magic age of 55 recently this was a case of taking it now or at 67 with a tiny hit on the monthly amount. That's going into savings.

Now classed as retired on that pension.

Alright grandpa! 53 here and in receipt of my work pension.

 

[welsh dragon]

Morning all. Can I be a junior member.

Why ? I hear you ask.

Well I received my first monthly pension today from one of my schemes. Hitting the magic age of 55 recently this was a case of taking it now or at 67 with a tiny hit on the monthly amount. That's going into savings.

Now classed as retired on that pension.

Welcome aboard

 

[Drago]

Alright grandpa! 53 here and in receipt of my work pension.

Got my work pension and injury award just shy of 48, so Foss is really quite old by the standards or the thread.

Had to wait to 55 for the big private pension to kick in.

 

[Paulus]

Morning all. Can I be a junior member.

Why ? I hear you ask.

Well I received my first monthly pension today from one of my schemes. Hitting the magic age of 55 recently this was a case of taking it now or at 67 with a tiny hit on the monthly amount. That's going into savings.

Now classed as retired on that pension.

Welcome @fossyant to this irreverent forum.

 

[ebikeerwidnes]

Busy day today

Blood test at 9:25
SWMBO has a hair appointment at 2:30
and we are going out for dinner tonight - first time for many months as she was on the weight loss jabs in preparation of her son's weddit (actually more like is soon-to-be-wife's wedding!) in a few months
but she has given up on them after an adverse reaction and reduction in effect

anyway - got downstairs this morning and was taking my tablets and looked at my watch and it was 9:15!!!
Rushed round to find the blood test form and get a coat - chucked some shoes on and my helmet
then grabbed the bike from the shed
got there in 5 minutes thanks to Turbo mode on the ebike system - wind was head on and strong so I needed the help!!


anyway - got there in time (OK 1 minute late but whatever) and all done

back home by 10

as I still can;t drive my wife will have to get a taxi to the hair dressers - no way she is well enough to walk that far

then anotehr taxi this evening to get to the pub (which means I can have a drink or 5!!!)


I will be k*******d tomorrow!!

 

[Paulus]

I have just had a look at my blood test results from the bloods taken on tuesday.
All tests for Lipid and liver functions are at the lower end of the normal range, so no further action required. That's good.
The doctor put me on Statins six months ago so they are doing what they are supposed to, plus with a bit of a change of lifestyle and 12kg weight loss, everything is going the right way.👍

 

[SpokeyDokey]

Morning all. Can I be a junior member.

Why ? I hear you ask.

Well I received my first monthly pension today from one of my schemes. Hitting the magic age of 55 recently this was a case of taking it now or at 67 with a tiny hit on the monthly amount. That's going into savings.

Now classed as retired on that pension.

Welcome!

I did similar. Took my main pension at 53 with a 43% hit but it only becomes a financially negative decision if I live beyond 93.

 

[SpokeyDokey]

I have just had a look at my blood test results from the bloods taken on tuesday.
All tests for Lipid and liver functions are at the lower end of the normal range, so no further action required. That's good.
The doctor put me on Statins six months ago so they are doing what they are supposed to, plus with a bit of a change of lifestyle and 12kg weight loss, everything is going the right way.👍

Good effort and results on the weight loss front!

 

[SpokeyDokey]

I See Again (the clue is there) that us pensioners are under attack. Unbelievable!

 

[figbat]

Got my work pension and injury award just shy of 48, so Foss is really quite old by the standards or the thread.

Had to wait to 55 for the big private pension to kick in.

I have another workplace pension that won’t pay out until 55 at the earliest. My current one had a protected pension age of 50 due to my length of time in service (I only actually discovered this aged 53, or I might have left earlier).

 

[ebikeerwidnes]

I left at the start of 2018 - basically 2 and bit years early

but the amount I lost was pretty small
I was supposed to be finding a new job but it never happened due to "things" (the pandemic didn;t help!)

but basically you need to keep an eye on how much you will get as you near retirment age - because eventually it stops being worth working - financially

Of course, if you love you job then that is different - and I did - but the new HeadTeacher had "ideas" about my job so I legged it!!


my friend's father put it best
He was a senior administrator at the local council and had a slack day once - when he was about 55+
He had just got a letter about his pension and he started wondering how much he would get if he retired

he found out and added up how muc it took to actually come to work
so - travel
suits - needed for his job
smart shoes
lunch (more expensive from the canteen than making it at home"

and all that
and realised that he was bascially coming into work and putting up with all the stuff that happens - just for the difference
because if he retired he would have only slightly less effective income that he had working

by the end of the day he had sent in his retirement letter!!

 

[Gunk]

Still suffering with my back, 5 days now and no better so reluctantly I’ll make an appointment with my GP for next week

 

[BoldonLad]

Morning all. Can I be a junior member.

Why ? I hear you ask.

Well I received my first monthly pension today from one of my schemes. Hitting the magic age of 55 recently this was a case of taking it now or at 67 with a tiny hit on the monthly amount. That's going into savings.

Now classed as retired on that pension.

By all means, you can be (literally) new kid on the block😊

 

[Drago]

I have another workplace pension that won’t pay out until 55 at the earliest. My current one had a protected pension age of 50 due to my length of time in service (I only actually discovered this aged 53, or I might have left earlier).

I'd have probably stayed in the dibble well beyond pensionable age, up to 60.

However, that prat,Tom Winsor, who never walked a beat I his life,was making moves to allow the dismissal of 'unfit' bobbies. I was unfitnthrough being seriously assaulted while doing my job, so his attitude stank to my mind.

Fine. So I threw in the towel and went on a medical. Not only did I get the pension early, the injury pension is far bigger than the normal pension and the injury award element is tax free, so I'm bringing home well in excess of that which I was when I actually worked there.

And I wasn't alone. Hundreds of IoD officers thought "sod that" and went under the same regulation (written into law) as I did. So that chump Tom Winsor's idea to save a few quid by getting rid of officers who were injured doing their job protecting the public cost the government an absolute fortune, and the forces lost a vast cardre of knowledge and experience. You couldn't make it up.

I was quite angry about it for a few years but I'm reconciled now. It's karma, and that my good karma turned out bad for them isn't my problem.

 

[welsh dragon]

I See Again (the clue is there) that us pensioners are under attack. Unbelievable!

They are determined where we are concerned. I often wonder what they will come up with next. Nothing good that's for sure.

Still very wet and windy here. I have been pottering with paper and scissors making (attempting that is) a pattern. . I have lots of bits of paper all over the floor now.