To think 71 is too old for state pension age?

[winterwonder1]

This isn't just for people who are 21 now - that's for people born after 1970 - so 55 now. I can't imagine being fit enough to do my job at 71.
DWP State Pension age will have to rise to 71 says report | News Shopper

It's disgraceful - there is no way on earth carers can provide care with manual handling when they are 70 - no way. I couldn't do it at 60.

You live in poverty potentially die of hypothermia because you can’t heat your home or you work until you drop or you get very sick/injured and bed block in a hospital until you get put in a state run care home.

I didn't have one as recently as 2010-2014. The law had been brought in during that period, but only applied to bigger companies to begin with.

Said it on here before but my parents have a 6 figure income and still get full state pension. I think that’s what’s insane. Taking their 11.k a year off them and giving to someone who needs that money to live on is just common sense to me.

Work til you drop or a paltry amount of benefits. I can’t see disability benefits continuing because there’ll be too many people too ill to work because of age. It’ll be JSA-level only.

Housing benefit will probably still exist given that landlords are the ones profiting from it.

We might end up in a similar situation to the Japanese. They have seen a rise in pensioners being sent to prison in order to stay warm and fed. The problem is that in the UK minor crimes won’t be enough to get sent down here!

People are living too long overall. It has regional variations though with poorer people dying younger.

State pension was introduced in 1909 and life expectancy for a woman was around 55, that was slightly skewed by high rates of infant mortality but that was the measure.

Life expectancy has continued to rise its now 82 for a woman.

@AnonymousBleep while genetics play out overall poorer people do just die younger.

@winterwonder1 people are getting more unhealthy but living longer due to modern medicine. Before 1921 if you had diabetes you were dying and that was it. The NHS budget spends 10% of all its money on diabetes.

Wouldn’t the economy be flying with all that money invested in the stock market?

I knew it was coming, but reading it in black and white looks awful. 65,67,68 now 71. That'll be me.

I've never had a very high paying job and most of my earlier work places didn't even have pension schemes. When it became mandatory I was almost 40. Needless to say, my private pension is rubbish and I'll definitely need the State Pension.
I don't think my children will be quite as affected by the change as they will be making contributions from the beginning of their working lives. Personally I don't think any change should be brought in that affects people working before the current rules were brought in, unless it is means tested.

Absolutely ridiculous. There are so many jobs where that just couldn’t happen. I was a nurse for thirty years, retired at sixty two and went back part time as a bank nurse. Nursing is very hard physically, couldn’t possibly do it now at sixty six.

The young haven’t known anything from politicians except being shit on.

true dat

55 year old don't all have great jobs and cheap housing.

Never said they did but housing hasn't got cheaper and wages haven't improved,,,

My mum died a few months after her 70th birthday. I wonder how many of us won’t see our pensions?

My dad died at 54 and my mum has been in a care home since 55. Maybe I should retire now and enjoy my time!

I wonder how many of us won’t see our pensions?

more than ever probably. Thinking of my older family members who retired comfortably in their 60s does make
for a more stress free life. Stress is a massive killer and often overlooked.

We all pay NI. That should fund a pension at a reasonable age. 71 isn't reasonable. Life expectancy is also dropping not rising.

It sounds dreadful but if my choice is dying in work at 60 or struggling on until 75 and then dying at 78 having spent those 3 retirement years battling various health conditions, I’d rather die in work at 60.

Tbh can't see us being able to afford to retire anyway! Paying into the system for 50+ years to work ourselves to death 🤡

Yes, I was told very recently that, if you have a teachers pension, you don't get the full state pension.

Absolutely not. I am no fan of it being more than 65. Just because humans are living longer, it does not necessarily mean that they are healthy enough to work a full time job.

Imagine a police officer or fireman at 71. That is ridiculous. On top of that who will be employing 60+. It is difficult for those who lose jobs in their 50s to find another in their chosen field.

Furthermore if you were born 1970+ you had an expectation that you would be receiving a state pension. With the COL crisis many people will not be able to pay into another pension.

I don't think it will be that different for your children. They have to stay in school until 18 and then if they want a decent salary they either need to go to university or get an apprenticeship, so that's a few years. They'll likely only be paying the minimum 3% into their pensions a month in the years they're desperately saving to buy a house, and then again if they have children to fund maternity leave/nursery etc.

By that time they're mostly through their 30s with maybe £5k in their pension? It's completely crap for young people now.

YANBU but unfortunately it's maths.

There is not enough money to give everyone a good state pension at a reasonable age.

Now that’s even more depressing. I’m so ignorant!

Because people who are 21 now will pay into workplace pensions that didn't exist for those of us in our fifties.
That means we often can't afford to retire early using our private pensions, as there isn't enough in them.
It's not great for the 21 year old, but at least they have decades to pay into workplace pensions with a view to early retirement, and can plan ahead.

I am sorry for your loss, and that she died so young.

My best friend at univerity's grandfather died the day after he retired. Kinda makes me think we should live for today.