The following quote comes from today’s BBC News website.
“Almost two thirds of over 50s fear they may have to work longer than planned as their savings and pensions have been hit by the recession, a study claims.
The joint report by the Help the Aged and Age Concern charity found that 60% of 943 respondents said they may need to delay their retirement.”
This, and reports like it, suggests that once people retire, they have to go dustbin raking to survive. The truth of the matter is that they just don’t want to make adjustments to their lifestyle, or to put it another way, they want to live in the style that they have become accustomed to.
This is not the voice of cynical youth speaking. The duchess and I have been retired for a couple of years now and we have never really gone without.
Without the backing of a private pension or personal savings we manage very comfortably, entirely on state pension. This may have a lot to do with never wanting to go on holidays or not hankering after a 42 inch LCD TV, but we do more than just survive.
It’s a mindset thing before you retire, don’t expect too much and you wont be disappointed!
So to all of the materialists approaching retirement age, retire gracefully, tighten your belts just one notch and free up your jobs for the young!