Hi Crymomma

I see you have picked up and one of the most devastating news to hit ordinary working people in the UK.

You see, I have now retired and one of the reasons I did retire was that the UK government had made it clear that if I, and thousands of others, wanted to work any longer then we risk having our pensions cut. In other words, we would have to work longer for less.

I interpret this to mean "work until you drop dead because you won't be able to afford retirement".

What the government policy means in real terms is that ordinary people will have to make a choice at a very early age, possibly in their teens or early 20s, and that's the following:

Do you want to buy a house or save for your retirement because you won't be able to do both?

The future for youngsters in the UK (and possibly the whole western world) looks bleak.



UK Bob