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The time now is 07/05/08 - 19:14

Do We Really Have to Work Until the Age of 65?


RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

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cody
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Joined: 28 May 2004
Posts: 3



PostPosted: 12/16/07 - 11:50    Post subject: Reply with quote

Hello! I'm 50 years old and I'm already very tired of working. I heard that I need to work 15 more years in order to receive a state pension. Is there any way to cut this period? Can I make some additional contributions to my pension scheme on my own? I have good salary and would be able to make some payments for pension scheme if this could help.
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tuesday
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Joined: 17 Jul 2006
Posts: 4



PostPosted: 01/15/08 - 02:56    Post subject: Reply with quote

Many people are unsatisfied with the retirement age. The problem is that there is a plan of raising retirement age. The government has admitted that people will have to work longer before they receive a state pension. The retirement age should be raised within the next fifteen years. Workers are unlikely to receive pension before they are 69. This raising the pension age would pay for a more generous retirement package. There is a word saying that this should be up to workers to save for their own retirement. There are lots of private pension schemes for which you can apply if you have enough money. This way you can stop working earlier and you will still have secure future.
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