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Protecting against political risk to retirement income

Including Financial Independence and Retiring Early (FIRE)
langley59
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Re: Protecting against political risk to retirement income

#87368

Postby langley59 » October 11th, 2017, 10:27 am

An interesting perspective on the economic effects of Corbyn's plans by Tony Yarrow of Wise Investment:

http://funds.wiseinvestment.co.uk/resou ... ts/Ohh.pdf

Itsallaguess
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Re: Protecting against political risk to retirement income

#98703

Postby Itsallaguess » November 25th, 2017, 9:37 am

Interesting article here that provides some real insight into Labour's thoughts around retirement -

Middle-class professionals should retire later than working class people and those in poor health, Labour says -

Alex Cunningham, shadow work and pensions minister, said that the state pension age should reflect people's health, income and the nature of their employment.


http://www.telegraph.co.uk/news/2017/11 ... ing-class/

Very interesting views.....

Cheers,

Itsallaguess

Alaric
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Re: Protecting against political risk to retirement income

#98711

Postby Alaric » November 25th, 2017, 10:16 am

Itsallaguess wrote:Alex Cunningham, shadow work and pensions minister, said that the state pension age should reflect people's health, income and the nature of their employment.


For those who are sufficiently well paid to become wealthy or well off at least, the state pension age makes little difference to a decision to cease work. A Corbyn government would no doubt wish to prevent anyone becoming wealthy by using high taxes.


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