Quote:
Originally Posted by
draco888
To be fair wrt raising the retirement age, people are living far longer then before placing greater strain on the public finances. Along with ever more and increasingly expensive medical treatments means it's a brave man who relies on the state for his income in retirement.
That statement is wrong in the Uk , if you have a life of living in rented accommodation and smoke and piss your money away , you have no assets ,, so the state will provide for you.
If you save and provide for yourself , the state will take all that ( including sale of your home ) and leave you with about £16k , then if your still alive they will cough up.