Protecting against political risk to retirement income

Including Financial Independence and Retiring Early (FIRE)
langley59
Lemon Slice
Posts: 371
Joined: November 12th, 2016, 12:12 pm

Re: Protecting against political risk to retirement income

Post by langley59 »

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
Lemon Half
Posts: 8675
Joined: November 4th, 2016, 1:16 pm

Re: Protecting against political risk to retirement income

Post by Itsallaguess »

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
Lemon Half
Posts: 5804
Joined: November 5th, 2016, 9:05 am

Re: Protecting against political risk to retirement income

Post by Alaric »

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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