|
 Topic: retiring early
|
Page: 1 2 3 4 5
  |
11/8/2015 at 10:50pm
Location: Argyll Scotland
Outfit: 1997 Bailey Ranger 470 4
View Profile
Reply
Quote
|
Joined: 28/12/2002 Diamond Member 
Forum Posts: 8833
| Site Reviews Total: | 5 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
During our 41 years of happily married life, on reading some of the above, perhaps for the first time I am pleased that we could not have any children! 
For those contemplating retirement, early or otherwise, it rarely works out the way you dream or hope that it will.
It really is a new way of life, quite different from anything you have experienced before and it takes a while to get used to it.
Both of us worked all our lives and since retiring, we have both taken on hobbies, joined clubs and started socialising in directions that we never looked at before.
Oh sure, some of the interests we had before, we still have and can give more time to, but retirement brings new opportunities and new interests and sometimes I wish I was back working again, just for the rest because retirement can be bloody hard work. albeit, unpaid.
-------------
Lobey.
|
12/8/2015 at 12:22am
Location: Newcastle upon Tyne
Outfit: Wynnster Eagle 6 & super old static
View Profile
Reply
Quote
|
Joined: 27/9/2007 Platinum Member 
Forum Posts: 669
Tent Reviews: 1
| Site Reviews Total: | 4 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
Well said Lobey. As I said in my first post I don't know how we found time to work before retiring. All I wish for is a little more consideration regarding benefits that such a lot of young folk expect as their right. to repeat what I have said, we worked all our lives with never being out of work and claiming 'dole', no children so therefore no maternity allowance and no child benefit or child tax credits. As hubby paid compulsory private pension we are now over the limit for any benefits but what we would like is to have our tax reduced or better still stopped. After all we have paid tax all our working lives but most people on benefits now claim it as their right despite never having put anything into the system.
-------------
Marilyn
|
12/8/2015 at 1:17am
Location:
Outfit:
View Profile
Reply
Quote
|
Joined: 23/8/2009 Diamond Member
Forum Posts: 10275
Tent Reviews: 4
| Site Reviews Total: | 28 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 2 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 4 |
|
Well, governments aren't interested in whether you can survive on your pensions or not but the more they can persuade you to save for your old age the more they can take from you in tax when you finally get it.
I agree...if pensions weren't taxed most pensioners would be able to look after themselves fairly well.
|
12/8/2015 at 7:43am
Location: Luton (no jokes plea
Outfit: Coachman and Hyundai
View Profile
Reply
Quote
|
Joined: 05/6/2006 Diamond Member
Forum Posts: 12889
| Site Reviews Total: | 391 |
|
| Site Reviews 2025: | 3 |
| Site Reviews 2024: | 25 |
| Site Reviews 2023: | 26 |
| Site Reviews 2022: | 37 |
| Site Reviews 2021: | 26 |
| Site Reviews 2020: | 11 |
| Site Reviews 2019: | 30 |
|
| Site Nights 2025: | 13 |
| Site Nights 2024: | 119 |
| Site Nights 2023: | 119 |
| Site Nights 2022: | 154 |
| Site Nights 2021: | 140 |
| Site Nights 2020: | 63 |
| Site Nights 2019: | 132 |
|
I agree, being taxed again on pensions after working and paying tax all one's life is disgusting!
|
12/8/2015 at 9:33am
Location: Turriff Aberdeenshi
Outfit: Romahome R30 Dimens
View Profile
Reply
Quote
|
Joined: 17/8/2006 Diamond Member
Forum Posts: 2390
| Site Reviews Total: | 45 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 2 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 2 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 5 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 6 |
| Site Nights 2019: | 0 |
|
You're so right Lobey, you can never predict how retirement will work out. All those years working in IT all round Europe, I never imagined that I'd be in a small Scottish village growing our own fruit & veges and raising rare breed pigs!
Tax - Aghhhh. Even with getting some of my wife's unused allowance, I'm paying several hundred pounds back in tax every month. This is money that I could do with to buy a new car and maybe a few G&T's !!
-------------
Two drifters off to see the world.
I'm tired of reality, so I'm off to look for a good fantasy.
|
12/8/2015 at 3:43pm
Location: Shropshire
Outfit: Bailey Phoenix GT 75
View Profile
Reply
Quote
|
Joined: 24/7/2007 Diamond Member
Forum Posts: 4425
| Site Reviews Total: | 56 |
|
| Site Reviews 2025: | 1 |
| Site Reviews 2024: | 2 |
| Site Reviews 2023: | 8 |
| Site Reviews 2022: | 6 |
| Site Reviews 2021: | 6 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 3 |
|
| Site Nights 2025: | 9 |
| Site Nights 2024: | 16 |
| Site Nights 2023: | 55 |
| Site Nights 2022: | 54 |
| Site Nights 2021: | 56 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 20 |
|
We are both paying a small amount of tax on our work pensions,it took a letter to HMRC to get allowances sorted.(We were both on higher tax rate).
Definitely worth letting them know straight away,as it takes a while.
No national insurance to pay and my wife got a tax refund today!
Car insurance less,no business use and less miles on mine,in fact we may go down to one car. Mine is 8 years old but fun so for time being it is staying.
More time in Europe in van,so energy bills lower at the moment!
In fact off to France again on 24th August,ACSI time again!
The chancellor is intending to raise tax free allowances again so hopefully less pensioners will pay.
As our pensions combined are about what my salary was,not complaining too much.We did pay into them for a long time though.
-------------
DS-There's more to life than football!!!
|
12/8/2015 at 6:40pm
Location: East Sussex
Outfit: None Entered
View Profile
Reply
Quote
|
Joined: 02/6/2005 Diamond Member
Forum Posts: 2674
| Site Reviews Total: | 12 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
Quote: Originally posted by Mrs. Bonce on 12/8/2015
I agree, being taxed again on pensions after working and paying tax all one's life is disgusting!
Private pensions are taxed because the pensions are paid for out of untaxed income. If they stopped the tax relief on pension contributions, people's pensions would be smaller.
I don't see anything wrong with it myself.
|
|
