COLD DARK ROOM

JoesMum

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10 Year Member!
Joined
Oct 26, 2011
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21,568
Location (City and/or State)
Kent, South East England
Hmm. But its too early in our country. Here people retire at 60.
When I started work, retirement for women was 60 and for men 65.

It has gradually extended and now, due to longer life expectancy and the stress that puts on pensions, my husband I will both qualify to retire at 67. (Unless we choose early retirement like Adam... but the government pension won't pay out early)

Our children, currently, won't get a government pension until they're 70.
 

DE42

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Joined
Apr 8, 2016
Messages
1,697
I lived in Thailand for a couple of years!
It's a great place, though i'm not fond of Bangkok.
But Morocco is nearer to the UK in case of emergencies.
If I was to move if need good medical services near by and access to ostomy supplies.

I have actually considered Australia before. Even looked at all the steps I'd need to go through to do it.
 

Raqib Farid

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Joined
Feb 4, 2018
Messages
219
Location (City and/or State)
Karachi Pakistan
When I started work, retirement for women was 60 and for men 65.

It has gradually extended and now, due to longer life expectancy and the stress that puts on pensions, my husband I will both qualify to retire at 67. (Unless we choose early retirement like Adam... but the government pension won't pay out early)

Our children, currently, won't get a government pension until they're 70.
Ohh. Here its 60 now bill has been passed in parliament I think for age limit 62. But here when you complete 25 years service in any government department you can get retirement and some amount as well pension too.
 

DE42

Well-Known Member
Joined
Apr 8, 2016
Messages
1,697
When I started work, retirement for women was 60 and for men 65.

It has gradually extended and now, due to longer life expectancy and the stress that puts on pensions, my husband I will both qualify to retire at 67. (Unless we choose early retirement like Adam... but the government pension won't pay out early)

Our children, currently, won't get a government pension until they're 70.
I'm not counting on a government check at all. I doubt there will be one when I get there. I also am not counting on my 401K because that can vanish also. I am hoping to flip a few houses and get a good paying job so that I can have enough hard cash to support me whe. I retire. The rest if I have them will be a bonus. Lol
 

JoesMum

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10 Year Member!
Joined
Oct 26, 2011
Messages
21,568
Location (City and/or State)
Kent, South East England
Ohh. Here its 60 now bill has been passed in parliament I think for age limit 62. But here when you complete 25 years service in any government department you can get retirement and some amount as well pension too.
It's unsustainable as people live longer. Here in the UK it was always 40 years service for a full pension. Where you are, average life expectancy has been shorter. I am afraid there will be some nasty shocks to come for your country.
 

DE42

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Joined
Apr 8, 2016
Messages
1,697
Ohh. Here its 60 now bill has been passed in parliament I think for age limit 62. But here when you complete 25 years service in any government department you can get retirement and some amount as well pension too.
I think 20 years if you are working for the government here in the US also gives you a retirement. I know the military does but I believe that goes for postal works and such also.
 

Raqib Farid

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Joined
Feb 4, 2018
Messages
219
Location (City and/or State)
Karachi Pakistan
It's unsustainable as people live longer. Here in the UK it was always 40 years service for a full pension. Where you are, average life expectancy has been shorter. I am afraid there will be some nasty shocks to come for your country.
Average life is 60 or 65 I forgot the correct figure.
But its not new rule of 25 years service. Its implemented even I don't know when but very very old. May be when its separated from India.
 
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