Pensions, ISAs and Houses

[motorbiking]

and some will have worked their nuts off for that nest egg and are desperately trying to work out how to earn a pension off it now that bank rates are less than inflation.

i assume you have a defined benefits pension?

 

[JohnD]

Is that possible?

yes, there are many such.

http://www.thisismoney.co.uk/money/diyinvesting/article-4328824/Here-Isa-millionaire.html

https://www.fool.co.uk/investing/20...e-most-popular-stocks-among-isa-millionaires/

http://www.cityam.com/282642/healthy-habits-isa-millionaires-

Luck is a contributory factor, or knowledgeable choice of investments, but the biggest factor is having been prosperous enough to be able to put thousands of pounds away every year from the beginning, or at least for some years.

 

[motorbiking]

I think the state needs to encourage people to save for their future. Otherwise the young will have to pay even more money that they can’t afford to wipe our poo and dribble

 

[JohnD]

there's a big problem with the cost of social care for our increasingly old population.

UK citizens mostly aren't interested in working as carers, and the anti-foreigner oldies are doing their best to prevent or discourage those who are willing to do it.

The money to pay for it has to come from somewhere.

Most likely from the wealth of those people who've been able to accumulate it.

 

[Ihavenojob]

The "anti foreigner oldies" aren't against foreigners who work,its the freeloaders & the indigenous freeloaders they're against.

 

[JohnD]

The "anti foreigner oldies" aren't against foreigners who work

where did you get that idea?

 

[JohnD]

was it in a newspaper?

"991 deportation flights booked to Caribbean in year before Windrush row

Government spent £52m on all removal flights in two-year period, official figures show

"Almost 1,000 flights were booked to deport people to Caribbean countries in the year before the UK government halted such removals in the wake of the Windrush scandal, official figures reveal.

https://www.theguardian.com/uk-news...rted-to-caribbean-in-year-before-windrush-row

 

[Ihavenojob]

where did you get that idea?

So you're saying foreigners don't work?

 

[motorbiking]

Having just given my mother in law a 3 week break from my father in law who has advanced parkinson’s I don’t envy those who are carers.

but there are other options than people who’ve saved paying for those who haven’t.

 

[JohnD]

"In a highly unusual acknowledgement that the government’s hostile immigration policy is having a catastrophic effects on individuals’ lives, Rudd said: “Frankly, how they have been treated has been wrong – has been appalling – and I am sorry. That is why I am setting up a new area in my department to ensure that we have a completely new approach to how their situation is regularised.”

She made a significant criticism of her own department, adding: “I am concerned that the Home Office has become too concerned with policy and strategy and sometimes loses sight of the individual. This is about individuals, and we have heard the individual stories, some of which have been terrible to hear.”"

https://www.theguardian.com/uk-news...aribbean-representatives-windrush-immigration

 

[IWalkLikeHimaMartian]

So you're saying foreigners don't work?

I see hate has adopted eeyore's tactics.
When intelligent debate has deserted you resort to blatant misrepresentation.

 

[JohnD]

"Over the past five months, as this scandal gradually unfolded, the Guardian has documented numerous cases of retirement-age UK residents who have described how the Home Office’s refusal to believe that they are in the UK legally has ruined their lives. Many have cried as they explained how upsetting it is to be classed as an illegal immigrant after more than 50 years in the UK, studying, working, bringing up children in a country they believed to be their own.

The extent of official Home Office heartlessness has been staggering, so it is encouraging to hear the home secretary, Amber Rudd, acknowledge belatedly that the treatment meted out by her department has been “appalling”, and to recognise that the Home Office has become “too concerned with policy”, causing it “lose sight of the individual”."

https://www.theguardian.com/uk-news/2018/apr/16/windrush-u-turn-welcome-but-theresa-may-policy-cruel

 

[IWalkLikeHimaMartian]

"Over the past five months, as this scandal gradually unfolded, the Guardian has documented numerous cases of retirement-age UK residents who have described how the Home Office’s refusal to believe that they are in the UK legally has ruined their lives. Many have cried as they explained how upsetting it is to be classed as an illegal immigrant after more than 50 years in the UK, studying, working, bringing up children in a country they believed to be their own.

The extent of official Home Office heartlessness has been staggering, so it is encouraging to hear the home secretary, Amber Rudd, acknowledge belatedly that the treatment meted out by her department has been “appalling”, and to recognise that the Home Office has become “too concerned with policy”, causing it “lose sight of the individual”."

https://www.theguardian.com/uk-news/2018/apr/16/windrush-u-turn-welcome-but-theresa-may-policy-cruel

It is a good job that the Home Office saw reason after the media campaigns (checks and balances) otherwise B&B would have assumed they were rapists, murderers and robbers.

 

[Notch7]

Most likely from the wealth of those people who've been able to accumulate it

Retired MEPs maybe

The Kinnocks have had their noses in the EU trough.

 

[JohnD]

And retired plumbers, of course.

One of my stalkers on here brags of owning multiple houses which he lets to people who have for one reason or another not become homeowners.