I'm spitting blood.Crazylemon wrote:One thing you have missed. They changed the date of pensionable age to to 65 but to 'state pension age' which as they will inevitably increase that I think would be how they get round the problem in most likelihood.
I'll be running a version of the PP, so 75% of my capital will be in cash, gold and bonds so I'm not particularly concerned about the volatility in the stock markets, hence wanting to take care of the money myself...
For those interested, in the end I have decided that I'm pretty healthy (good lifestyle choices etc) so I'm hoping to make it to pensionable age regardless of what the government decided to do. I will take my gravy if it's still on offer. Can't say I have a lot of faith in the government to deliver though, but as others have said, it's almost like an insurance policy. I'll leave the policy makers worry about whether the scheme will work or not and won't lose any more sleep over it.