to ask if you're pissed off with the Baby Boomers?

[DamFineBeaver]

Because people who are currently young-ish adults (MN's main demographic?), and younger, will be paying for the lavish lifestyle they've enjoyed?
The money borrowed for their nice big pensions will be paid back by us and our children.

Does this mean they shouldn't spend so much time in Tenerife?

Yes entile we are looking into it also, we are engineers and so are other friends of ours who are also engineers (well, the husband is). Quite a lot of skilled trades are starting to think 'sod it, can't be worse anywhere else.' Wonder where it will all end.

Wrt shooting tony Blair....I think you may need to join the very long queue!

What do you think we are doing? But most of us won't get anything like it.

I'm 43, I grew up poor too, I liked having an outside toilet and I am an expert fire-lighter. I'm not poor now and I'm not bitter in the least.

If you aren't bitter then I doubt it was you I was aiming my post at.
Some of the younger posters sound very bitter.
I must admit I have come across a couple of young ladies who got very upset when house hunting for the first time with their new Dh's I'm looking at you SIL Because they expected to move into a house like the ones the parents lived in, never mind the fact that both sets of parents started out in rented flats with a box for a coffee table and a mattress on the floor. They were lucky to be looking at houses.

I think its a good idea willow. I've lived all over the place, and everywhere has its problems. But the quality of life is too low in the UK and it can only get woorse with increasing taxes to pay for the aging inactive population.

And what will you do when you are ageing and inactive, entitled? Will you want to come back then?

I'll be making provisions to pay my own way rather than expecting others to sub me.

Nothing against people that can't work, just people that got to work for 30 years then retire for 30 years. That only works by the generation after working for probably 60 years.

Yes.
People should work, procreate then expire.

Bye then.

If you emigrate why would you want to come back? Isn't that kind of the point?

Every person I know who has emigrated has been back within a year.

Very few people retire at 50. Maybe some lucky middle class men did in the past, but not for a long time.

What if you fall ill. Will you want to come back then?

My dad retired at 55, he constantly talks of that he wanted to retire at 50 but the last oil price crash stopped that.

Well today's current under 30 won't look like they will ever retire, as too busy paying for others pensions and healthcare.

I live like a traveler anyway, I've spent more of my adult life outside of the UK.

But you haven't answered my question. Will you return if you fall ill?

I'm guessing you will, even though you have been a traveller and have spent most of your adult life outside the UK, and hence haven't paid much into the system. You see, there are always winners and losers.....

Of course they would!
Like a shot!
I only know 2 people who retired early...my Dhs uncle and his dad. His uncle retired at 55 (and is now 85) and his dad was 58 (and is now 72)
His uncle is very wealthy (think BMW and second home etc) his parents are well off (benefitted from 2 lots of inheritances)
To put that in context I also had 2 uncles who didn't make retirement age (52 and 55) and my own dad died at 67 whilst still working ft.
A lot of it is down to luck I have come to realise.
My pils parents didn't need care so all their estate went to pils.
His uncle was built a house and had it furnished on his marriage by his parents. He also inherited his parents estate in full.
I don't begrudge them any of it.
But to say that have what they have due to sheer hard work?
Sorry.
No.

Gosh. I guess they didn't think through emigrating properly then did they? Everyone I know who's done it has never been seen since

Equally, taking a suitcase of medication surely breaks some kind of law! And would be rather impractical too. How strange. They were obviously terrible candidates

And I wouldn't want to come back if I was ill. Again, very impractical. And if you've done your sums properly, that should include a comprehensive health insurance policy. The NHS is good, but as long as you're prepared to pay (and earn the wage to cover that) then the care is replaceable. Most people probably don't want to move to the Congo.

entiled Nothing against people that can't work, just people that got to work for 30 years then retire for 30 years. That only works by the generation after working for probably 60 years.

You seem very narrow-minded, entiled. A huge number of boomers started work at 16, as the proportion who went onto further education/higher education was much lower when they were teenagers. Most will continue to work until they're 66/67. Hardly 30 years, now is it? But don't let facts get in your way.

I live like a traveler anyway, I've spent more of my adult life outside of the UK.

Tut, tut, entiled. Not making a contribution to the UK economy, yet you talk of 'subing (sic) a whole generation.'

Wondering and a Entitled, where are you intending to go that holds more promise than here? Look, I'm not trying to be goady. I work with young adults and I truly believe they are the most important resource our country has. I'd like you to stay.

I'm not really into politics or economics, but I'm currently trying to work out who to vote for, which party will actually do something to alter the path we are on. I think you are misunderstanding the so called boomers. Most of the people I know of my age are worried sick about their kids' future prospects.

If you want what they have you have to work for it.

Haha, I love seeing phrases like these thrown around Squinkies.

In every single generation it comes down to the luck you were born into. Baby boomer, babycreditcruncher, babyanythinginbetweener. Doesn't matter.

I was born into a poor family luckily pretty gifted at maths, I'm an engineer and will probably be mortgage free by 40.

My brother was born into a poor family the year after. He's dyslexic and no amount of working hard was going to make him an engineer. Hes a cleaner, he works 12 hour shifts. He'll probably be mortgage free when/ if he ever gets to retire.

I can't say either of us have/ will ever work harder than the other. Purely luck as far as i'm concerned and I'm grateful for that luck, unlike the "well if you want this you have to work harder" / "be a worker not a shirker" brigade.

Some people, like your mother, will work hard all their lives, some will have two jobs, and some will still end up dying relatively poor for the privilege.

Well I used to live in Australia and I'd like to go back, more because of the lifestyle than anything. But also, I'm an engineer (as is DH) so there are more job opportunities and I feel I can progress more there. I also feel that compared to london prices at least, for a similar commute; the housing is better for the money. And I've seen it firsthand too.

However, I've lived there before so I'm aware of the realities and just want to go back, really.

And I can't work out who to vote for either so if you work that one out; let me know

Has anyone mentioned MIRAS en.m.wikipedia.org/wiki/Mortgage_interest_relief_at_source yet?

No, and no-one has mentioned endowment mortgages either. Many a boomer will have been caught out by those. Next........

Endowment mortgages???