Retirement.....what next?
Danny42C
Congratulations on 43 yrs pension - next target has got to be 50 yrs. Then I will try to equal that. But that will still only be the same as my working time " in blue ".
Congratulations on 43 yrs pension - next target has got to be 50 yrs. Then I will try to equal that. But that will still only be the same as my working time " in blue ".
I kept seeing occasionally, a sign in cars' rear windows stating:
ONE LIFE...LIVE IT.
Then one day, not too long ago, I saw this:
One life...live it (on the front windscreen) and on the back window:
ONE WIFE...LIVID.
To each of you practicing retirees: live long and prosper
ONE LIFE...LIVE IT.
Then one day, not too long ago, I saw this:
One life...live it (on the front windscreen) and on the back window:
ONE WIFE...LIVID.
To each of you practicing retirees: live long and prosper
I don't own this space under my name. I should have leased it while I still could
But think of #2 (or more) wife, married at 54/22, she could draw the widows pension until hubby was equivalent of 125 or more.
Not sure what the latest rules on remarrying are but you 50 year old on PA are hot properties.
Not sure what the latest rules on remarrying are but you 50 year old on PA are hot properties.
PN
The plan was to die in bed with my 18 year old second wife on my 105th Birthday. I would have then had 50 years pension, and she should be good for at least another 50 yrs as well. 100 yrs pension - that will teach the b******* for not promoting me!!!!
Chances of finding an 18 year old when I am 105 on a Spec Aircrew pension??
The plan was to die in bed with my 18 year old second wife on my 105th Birthday. I would have then had 50 years pension, and she should be good for at least another 50 yrs as well. 100 yrs pension - that will teach the b******* for not promoting me!!!!
Chances of finding an 18 year old when I am 105 on a Spec Aircrew pension??
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There's a spring chicken/toy boy/fair use clause in '05 contributions, I'm not sure about '15 but it'll be in there too I'll be bound. If your spouse, civil partner or eligible partner is more than twelve years younger than you, their pension is reduced by 2.5% for every year over twelve years he or she is younger than you (subject to a max of 50%).
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Al R
Can you please give a little more info on this quote from you in your post #60?
"AFPS 15 offers the chance of commuting income at state retirement age for yet another lump sum if that's preferable too."
Thanks
OAP
Can you please give a little more info on this quote from you in your post #60?
"AFPS 15 offers the chance of commuting income at state retirement age for yet another lump sum if that's preferable too."
Thanks
OAP
Chances of finding an 18 year old when I am 105 on a Spec Aircrew pension??
CG
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OAP
If you leave before 60, your '15 benefit is an EDP stream, which only becomes a pension in payment at your state retirement age. At that point, you can convert up to 25% into a lump sum. It won't be much for most reading this.
If you don't serve until 60, your accrued deferred '15 benefits have already been quietly linked to the state retirement age anyway. So, preserved '15 benefits will be shifted to the right automatically if (when?!) state retirement age also shifts to the right.
Top of page 11: https://www.gov.uk/government/upload..._FAQs_V140.pdf
Interesting(ish) for those retiring to the Channel Islands: Guernsey has recently raised its state retirement age to 70 (as well as other measures).
http://www.gov.gg/CHttpHandler.ashx?id=94029&p=0
If you leave before 60, your '15 benefit is an EDP stream, which only becomes a pension in payment at your state retirement age. At that point, you can convert up to 25% into a lump sum. It won't be much for most reading this.
If you don't serve until 60, your accrued deferred '15 benefits have already been quietly linked to the state retirement age anyway. So, preserved '15 benefits will be shifted to the right automatically if (when?!) state retirement age also shifts to the right.
Top of page 11: https://www.gov.uk/government/upload..._FAQs_V140.pdf
Interesting(ish) for those retiring to the Channel Islands: Guernsey has recently raised its state retirement age to 70 (as well as other measures).
http://www.gov.gg/CHttpHandler.ashx?id=94029&p=0
I retired (PVR'd) at 58 years old and did not a lot for 6 months. Then the boredom arrived. I decided to go back to part-time paid work:
1. As a Registration Officer Ceremonies (ROC) for local Council. This involves marrying people, Civil Ceremonies etc. £10 per hour + 45p/mile. Great job and you can work as little as you want. It is mainly weekends though. You see all walks of life and the need for attention to detail and time awareness (just like RAF), as you may be doing 3 weddings 2 hours apart.
2. Seasonal but again great fun--invigilating exams at a local Independent school £10 again. Keeps you young and in touch with young adults-even though they see me as a fossil!
3. Playing on the AIM -- but beware it is Cowboy Country--do your own research and don't gamble the farm!
Good Luck all-just a few ideas of what I do--hope it helps someone.
PM if you need more info.
1. As a Registration Officer Ceremonies (ROC) for local Council. This involves marrying people, Civil Ceremonies etc. £10 per hour + 45p/mile. Great job and you can work as little as you want. It is mainly weekends though. You see all walks of life and the need for attention to detail and time awareness (just like RAF), as you may be doing 3 weddings 2 hours apart.
2. Seasonal but again great fun--invigilating exams at a local Independent school £10 again. Keeps you young and in touch with young adults-even though they see me as a fossil!
3. Playing on the AIM -- but beware it is Cowboy Country--do your own research and don't gamble the farm!
Good Luck all-just a few ideas of what I do--hope it helps someone.
PM if you need more info.
I don't own this space under my name. I should have leased it while I still could
Tengah, don't you have to be wed to your bimbo before you retire? Maybe find a 12 year old in some sand pit. She would be every so grateful though you might have to abstain for the first 4 years
Thread Starter
Maybe find a 12 year old in some sand pit. She would be every so grateful though you might have to abstain for the first 4 years
Bankok, but have a check south of the equator before you commit!
MD
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Maybe find a 12 year old in some sand pit. She would be every so grateful though you might have to abstain for the first 4 year
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I left the RAF aged 41, worked on my own projects 'till 45. Quit the rat-race and retired.
My wife still works, her choice. I never wish to work for anyone else again...I was forced to work with enough.....we'll leave that though.
I'm more than happy looking after our little girl (My wife is only 7 years younger than me, and is not from SE Asia), and restoring my collection of classic cars. I have a 64 Mustang and a 67 E-Type on the lifts at the moment. When they are finished (about 10 weeks) they'll join the other 12 in the barn. I don't sell them.
My wife still works, her choice. I never wish to work for anyone else again...I was forced to work with enough.....we'll leave that though.
I'm more than happy looking after our little girl (My wife is only 7 years younger than me, and is not from SE Asia), and restoring my collection of classic cars. I have a 64 Mustang and a 67 E-Type on the lifts at the moment. When they are finished (about 10 weeks) they'll join the other 12 in the barn. I don't sell them.
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Originally Posted by Al R
Interesting(ish) for those retiring to the Channel Islands: Guernsey has recently raised its state retirement age to 70 (as well as other measures).
http://www.gov.gg/CHttpHandler.ashx?id=94029&p=0
http://www.gov.gg/CHttpHandler.ashx?id=94029&p=0
CG #108
From visual demonstrations, in the old Bugis Street and in Patpong, the result of the full mod looks pretty convincing. However I do not have any "Hands On" experience to confirm.
PN #112
A couple of years ago my divorce lawyer informed me that the law had changed, and my ex had to be given 50% of my Occupational Pension, and that if she remarried the new husband was entitled to 50% of that!! So, I guess the same applies to me.
"12 year old from the sand pit" sounds a bit too close to Gary Glitter territory to me.
From visual demonstrations, in the old Bugis Street and in Patpong, the result of the full mod looks pretty convincing. However I do not have any "Hands On" experience to confirm.
PN #112
A couple of years ago my divorce lawyer informed me that the law had changed, and my ex had to be given 50% of my Occupational Pension, and that if she remarried the new husband was entitled to 50% of that!! So, I guess the same applies to me.
"12 year old from the sand pit" sounds a bit too close to Gary Glitter territory to me.