Thread: Pension Age may move to 70

Originally Posted by AndyG

I think the salient point is it's HIS farm, pride, joy, hobby.

You don't see Murdoch shuffling around the house in slippers.

Why is it that people think this is retirement.

There's more to life than work just as there is more to retirement than doing nothing.

BUT.......Each to his own. I'll enjoy my retirement

Retirement is good. The secret is you must prepare for it. Have no major debts [ house paid off, etc] have interests that keep you busy[ bee-keeping, wood turning, Land Rovers. ] And do what it takes to maximise your super. I was paying 15% into my Post Office super, above the compulsory employer contribution. It also helps to have a wife who is happy to keep working, but even when she finishes, we will manage. Retirement is not sitting around in slippers, retirement is living , while you still can. Bob

Originally Posted by numpty

Why is it that people think this is retirement.

There's more to life than work just as there is more to retirement than doing nothing.

BUT.......Each to his own. I'll enjoy my retirement

But some people get happiness in working, family farms are a way of life and produce great pleasure. Not everybody's interests are to travel, I hope to semi retire not far after 40, but never retire fully. Either way you need to work to stay fit and healthy, getting up working on rovers or renovating houses is still work, you don't receive money but you are still doing a job

A dude who is an electrician asked me why I still do house bashing/domestic Elec when I work overseas and make alot of money.I told him it's my retirement job, when he sniggered and said I was a fool I asked what he would do once he retired, heaps he told me, motorbikes and horses, I asked home would he ride motorbikes for 8 hours a day 5 days a week? No, ride horses 8 hours a day 5 days a week? No, once we set a timeframe he realized he would have alot of spare time even after doing the things he enjoyed....

One could give something back to the community by doing volunteer work. I am a member of the local RFS communications team doing radio Duty watches. If transport was not my problem I would be more involved in this.

Originally Posted by Ausfree

Why is it sad????? Some people like to work beyond retiring age and some people don't, we are all different.

Originally Posted by garrycol

That is so sad - there is more to life than working all of it.

too many rust out rather than wear out. It depends if you enjoy your Job & your Job is fulfilling. I think the reason many go get drunk after work is they hate their Job and so seek a escape.

A spanner throw in the works?
Clive Palmer plans to introduce a private member’s bill to align the pension age with the age that politicians are able to access their superannuation.

Originally Posted by Chucaro

A spanner throw in the works?
Clive Palmer plans to introduce a private member’s bill to align the pension age with the age that politicians are able to access their superannuation.

why should a politician who looses or quits his job in parliament get a pension when the rest of us have to wait till we are pension age. For example the NSW premier who has just quit parliament gets $160,000.00 per year from now onwards even if he takes another Job.

No wonder the Government has to raise the pension age for the rest of us so they can pay for the politicians pensions.

Originally Posted by JohnF

why should a politician who looses or quits his job in parliament get a pension when the rest of us have to wait till we are pension age. For example the NSW premier who has just quit parliament gets $160,000.00 per year from now onwards even if he takes another Job.

No wonder the Government has to raise the pension age for the rest of us so they can pay for the politicians pensions.

AAHHH but you don't have to wait until the pension age to get your super even pollies if they qualify for it have to wait for the Age pension anybody can retire as self funded any time they want if they plan ahead.