Quote:
Originally Posted by DaveinGermany
That I doubt very much !!! because face it the more Folk put in, the more the Politicians, Civil servants, Asylum seekers & Deadbeats in general will be getting out !! Joe Public is out bustin' his nads to pay for all the deadwood, he's what 35-40, he's expected to be working to 65 then picking up what he's paid in !! you're having a laugh aren't you ??
He's now told "You're looking at 67 mate !" & within a couple of years that will probably rise again to cover the shortfall. so if he's lucky he may finish at 69 only to be told, "Sorry lad there's nothing in the pot, you should've been putting money away for a rainy day"
How ? How the hell is he supposed to do that when all around him there's people with their hands out whinging & wanting !! Foremost amongst them the Government of the day !! Do me a favour mate ! You know as well as I do, we'll be the ones left holding the wrong end of the Shty Stick.
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I get what you're saying, and being self-employed there's no mandatory cut off point for me anyway but I'd gladly work till 70 provided I'm able. As long as people are paying into a state pension then there must be something at the end for them, although I am already making extra provisions too.
There's no getting away from your point about 'dead wood' though and sooner or later that particular bubble is going to burst as well.