£610 a week pension demand is insane

[Thisismyfinesthour]

Just read that there is an online petition doing the rounds for a £610 a WEEK pension demand to the government.
WTAF? Is the heat melting some peoples brains? It seems over 5000 have signed it.
Where do they think the money is coming from?

news.sky.com/story/a-wave-of-soon-to-be-retirees-are-staring-down-the-barrel-of-homelessness-heres-why-13571941

https://ageing-better.org.uk/housing-state-ageing-2020

Yes, my current outgoings would not be supported by the basic state pension.

At 68, by planned retirement will not be supported by the basic state pension. So, I contribute to my workplace pension scheme and so does my husband. The SP will cover bills while the money I save will hopefully provide a fulfilling retirement.

I do not expect the state to fund anything beyond the basics. I have to earn that.

Not the UK then. Shame you have to wait until your 68.

Well the study is England. I think that is a good starting point but I'm sorry it isn't comprehensive enough for you.

Yes, I would like my state pension to start earlier than that, as previous generations have benefited from.

I get mine at 67. Retired at 60. Technically a boomer. November 1963. I'm one of the people that you say is either a millionaire or a scrounger. Take your pick. I have two adult children btw who aren't as whiney as the young people on here. Thank God.

England isn't the UK btw.

This is mumsnet not some academic study. It is where I obtained my figures, that you asked for and is a pretty decent starting point seeing as 85% of UK residents are in England. I guess if the findings supported your assertions you'd be more than happy with its scope.

Mind you its probably more researched than Jason Arday's output.

If you are only £3 over the weekly Pension Credit limit you should be entitled to some Housing Benefit.

Unless you have savings over £16K that is but presume you don't as you're saying you tend to struggle each month.

6 years old too.

My mum still works as a nurse (NHS) part time, she is 73.
While I think the new pension proposal (if the proposal actually exists) is far too much, please do not assume that all pensioners are rich, because they are most definitely not.

It seems in my lifetime, our expectations of the lifestyle we are somehow entitled too has risen.
It has risen as fast as the cost of living crises.
Combine the two, and I can see why many pensioners are both not rich and wish for more.
Whether we can afford more, and whether that should be at the cost of the next generation is a debate we need to have. IMO, we are already paying pensions out of the store cupboard that is pretty much empty, and in a decade when I retire, or four decades when my kids retire there will be nothing.
I think that within a decade the triple lock will go, and our UK pension will then stagnate.
Blimey, I am a miserable negative git today.

A fallacy - some people do pay rent all their life. This middle class idea that everyone should earn enough to buy a house and build up good pensions is ill founded. For example, how much does the person working all their life behind the till at an independent shop earn? How much does that allow them to save? There are many many occupations where wages are at NMW. Try living long term on that. Some people just do not have the education, the wit or the will to chase big money. And have a think about where would you be without what you probably consider these ‘little people’, doing all the necessary often dirty jobs in life.

Yep, that is a daft amount. How would this be funded?
People too disabled to work are expected to manage on a tiny bit over that each month. People between jobs... even less again.

I lived through the 70s. And you think today is hard.
In my early childhood neither grandparent had an indoor bathroom. ONe had a pump for water until 1968.
Both maintained a veg garden out of necessity, and one kept ferrets to supplement the family diet.
My father, who was born in 1933 in rural Ireland left school at 12 and didn’t own a new pair of shoes until way after he started work.
Shakes head…

Use Google? 75% of baby boomers own at least one home (and a considerable number own more than one home).

Nope. ‘Some’ but not the majority by any means. The also have no childcare related costs and no commuting costs.

I don’t believe you.

But they did have when they were working. Do you think we were all born aged 67?

Only a very small minority of the working population have childcare costs and for a limited period and there are many working people - probably most - who work and live in the same location.

https://ageing-better.org.uk/housing-state-ageing-2020 would you believe this study I referenced earlier?

It doesn’t make it up to date no matter how many times you post it.

My grandparents used to follow behind the coal lorry to help themselves to coal that fell off the back, and my parents chopped up chairs to put on the fire. We all have tales of tough times.

I don't for a second believe that your generation had it easy the whole way through. But in todays economic position, the 67 plus category are the richest demographic, and most likely to own an unincumbered property. They are very well provided for by the triple locked state pension if they never saved a penny in their lives.

If we have money to dish out, I strongly believe further enhancing the state pension off the back of taxpayers would be morally wrong when workers are being taxed like never before, and yet cannot get on the property ladder.

It is a damn site better evidence that your anecdotal sob stories, even if it is a 5 years old.

As I said earlier - This middle class idea that everyone should earn enough to buy a house and build up good pensions is ill founded.

However it seems that some will only look at their own circumstances and begrudge others with no thought about varying experience. Sarcastic me wonders whether they maxed out on the credit cards after the new kitchen extension and just can’t afford to keep Jemima in riding lessons. They haven’t a clue.

What are are the workers who can't get on the property ladder and where do they live?