retirement

Life Begins At………..

Retirement, next stop

Retirement, that thing that is never on your mind when you’re young but as the years roll by, you start thinking about it. Come mid 30s to 50s, you are worrying if have enough pennies squirrelled away and praying for years to hurry up so can actually retire.

Often wonder how the expression life begins at 60 came about and when you think about it, retirement age used to be 60. Considering you spend your teens and adult life working, you fully understand and appreciate how the saying came about. When you retire, you finally have your own life to lead, no work to worry about, you can become the person you should be without most worries.

Having said that, in today’s society the retirement age is increasing. By the time I retire….. then again, highly doubt there will be a retirement age by time I’m 60. What with the uk state pension age set to change to 70 and companies changing their schemes so you have to pay less and end up having to work longer.

Just because people are living longer, doesn’t mean that we should or want to work longer. There’s no way I want to be doing shift work when I’m 60 and over, I’d want to retire at 60 and finally get to live life, not stress about work and discover who I truly am.

Do you know what the other kick in the teeth is? All that time during your working life, you spent paying income tax….. only to discover that when you retire and start getting your pension, that you then have to pay tax on that money you earned. Why on Earth should people have to pay tax on the pension they spent the vast majority of their life putting away? You spend your working life giving to society and yet you are expected once you retired to keep paying?

Either way, I really hope I get to retire and I’m aiming for 60. Though the way things are going, I hardly doubt I will unless I win big in the lottery.

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