The Retirement Thread

[Dirk]

Have you worked out how much you would need in the pot to buy a annuity big enough to give you what you get, my copper mate did and it was a massive amount that surprised him.

Shocking innit?

 

[screenman]

Shocking innit?

Not really.

 

[Lee_M]

Mathematically mr money mustache (yep its a real website) reckons youll never tun out of dough if you can live annually off 4% of your pensions and investments total as growth of the remainder will replace it. Or to put it another way you need 25x your annual spend in investments to survive

 

[Drago]

Have you worked out how much you would need in the pot to buy a annuity big enough to give you what you get, my copper mate did and it was a massive amount that surprised him.

And? So what?

Why are you so fixated with then pension, yet so willfully ignorant of the crap pay? I lost two detectives to Barclaycard - the Police were paying them 38k, on the open market they got 55.

A good friend of mine was an AFO, quit and went on the boats in the Indian Ocean doing anti piracy security. £200,000 a year, a month on, a month off. Was tempted to do that one myself.

Many coppers, perhaps a majority, have skills and training which they could parlay into serious money in the employment market, but they don't.

Why do you never mention that?

You want people to do a dirty job, with an extremely high risk of being assaulted, poor hours, indifferent pay, you need to offer them something or they simply won't do it. The pension is being wound back now for new starters, and you should look at the muppets who are being recruited as a consequence.

 

[screenman]

Dragon, I wrote earlier that you deserve what you get. I thought you might have liked the numbers.

I also had a close friend on the boats, the money is not as good as it once was and he now works on land in the UK for much the same.

 

[Drago]

My friend did it for two years and now works as a new age dog groomer, basically poncing about doing nothing and pretending its a job

 

[Dirk]

....basically poncing about doing nothing and pretending its a job

Bit like Screenman....

 

[Drago]

I wonder if I'll hear anything about my CV this week? I've dug my jack boots and deaths head cap badge out the loft just in case.

 

[Dirk]

I wonder if I'll hear anything about my CV this week? I've dug my jack boots and deaths head cap badge out the loft just in case.

Hugo Boss is very fetching on the mature figure, don't you think?

 

[Dirk]

Been a good month. Had three pay rises so far.

 

[Drago]

Perhaps something from this summers Herman Goring range?

 

[screenman]

Been a good month. Had three pay rises so far.

Good for you, but spare a thought for those less fortunate pensioners.

 

[Dirk]

Good for you, but spare a thought for those less fortunate pensioners.

I'll pencil it in for later in the day.

 

[arch684]

Been a good month. Had three pay rises so far.

Lucky you I'v only had 2 pay rises this month

 

[Drago]

Me and Mrs D get our index linked rises in September. I don't know the mechanism for the injury award rises, so if I can be arsed I'll look it up later.