to think if the state pension age of 68 is being brought forward.........

[JenniferBooth]

then they need to stop moaning and whining when there are no family members (read women)
to provide unpaid care so elderly relatives can be discharged from hospital
You cant have it both ways.

It’s not OK for anyone imho for state pension to be abolished.
16yr olds would be the least impacted by it is all I meant as they know from the day they start working they will need to put by more money for retirement.
It’s worse for people my age as we have lost over thirty years of time to save to replace a state pension we were told we could plan on getting.

Anyone who knows maths can understand it’s much easier to save for an income in retirement if you have 50 years to save for it vs 15 yrs.

The current generation of pensioners paid for their grandparents and parents retirement. They did their bit, it’s just their turn now.

You can ignore the shift in demographics. In the 60s there was 5 workers to 1 pensioner, I think the ratio is 3:1 now & will keep reducing. There are already more over 65 yr olds than under 15 yr olds.

Well it's one way of ensuring we do die off earlier by making us work until 68, then 69, then into our 70s until they abolish it completely. We'll be dropping like flies, and then we won't cost anyone anything.

🙄

Another excellent contribution! 😆

Op- I pointed this out on another thread. People cannot look after their parents if they are working full time in their late 60s.
Another fact is that as time progresses people are less likely to be married or Co-habiting than they were in the past, so more likely needing to work. It also means less able to care for parents. Let’s not pretend here that it was women, not men, looking after parents and in laws. Now women will have to work until they are 67 they cannot visit in laws and care for them.
Also, apologies if this has been mentioned, a man may well have worked until he was 65 but most of them had wifey at home cooking and cleaning. This makes a huge difference.
From what I see there are still lots of younger people having children but often they do not work. Those that do work and have parents who work cannot afford children. Totally unfair but the way things are going only those at the top or bottom of the pile can manage it.

Oh I agree, and the government has known this would be the case since 1960. They’ve failed to plan for it by adjusting NI.

This! I will not be retiring at 60 bloody 8!

Absolutely. And it makes me bloody furious that successive governments of both colours could have planned for this and just kept kicking the can down the road. Totally irresponsible.

My mum's only 70! Hardly at the upper end of the pensioner age spectrum. She retired at 60 though.

It’s not OK for anyone imho for state pension to be abolished.16yr olds would be the least impacted by it is all I meant as they know from the day they start working they will need to put by more money for retirement. It’s worse for people my age as we have lost over thirty years of time to save to replace a state pension we were told we could plan on getting.

Anyone who knows maths can understand it’s much easier to save for an income in retirement if you have 50 years to save for it vs 15 yrs.

But it's not just about maths is it?

There is less time to save but todays 16 yr old have other challenges. A 16 yr old today is unlikely to accumulate the same wealth as todays 50 somethings when they get to that age for example.

She didn’t. I’m 69 and my retirement age was 64 and three months. She’s a WASPI woman and would have been at least 63 and a few months.

Oh I agree, and the government has known this would be the case since 1960. They’ve failed to plan for it by adjusting NI.

I guess they thought people wouldn't vote for it, now we are a bit stuffed tbh.

From what I see there are still lots of younger people having children but often they do not work.

statistically birth rates are pretty low & most mothers work.

let them eat cake, eh?

what a stupid post!

@Penguinsaregreat People like myself were told not to have kids unless we could afford them (Im child free by choice simply because i didnt want to be a parent) But im betting people of my demographic will be gaslighted and told we should have had children.

State pension is not enough to live on anyway. I'm 46 and I don't expect the state pension to exist when I am 68. People need to save for their own retirements, or ensure they are in jobs they will be able to stay in into their late 60s and beyond.

In which case I've muddled my dates. She was born 1952 and was certainly drawing her pension well before 65.

Like I said above, I don't begrudge my parents their pensions in the slightest.

But it is totally true that they retired earlier than my generation will be able to. I don't see how that can be denied.

Here you go, you can see exactly how old she was. It was nearer 65 than 60.

assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/310231/spa-timetable.pdf

People in low paid jobs like care work cant afford to save so im sure this will help to encouage people into care work............oh wait

61 yrs and 12 mths, according to that.

Not closer to 65

They’ve failed to plan for it by adjusting NI

Well Labour / opposition opposed the last planned rise. It was incoming but got overturned anyway.

^ 11 mths, not 12!

I don't understand your point though. Are you seriously trying to argue that current pensioners didn't retire any earlier than younger generations will?

Because it's just not true.

My mum's retirement age was 61yrs 11mths
My dad's retirement age was 65yrs
My retirement age will be 68yrs
The generation below me...? (Likely even older)

It's possible to acknowledge the reality of that without begrudging current pensioners at all.