The Retirement Thread
1 lurker |
175 watchers
Apr 2023
1:07pm, 21 Apr 2023
3,901 posts
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Pou Pou LePhoõk
Hann, if you're applying for PIP, get someone to help you, as it's not what you say, it's how you say it. Various charities can often help out. |
Apr 2023
1:24pm, 21 Apr 2023
24,714 posts
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Bazoaxe
NI funds NHS as well as Pension. I think Gov.uk tells you home much MI paid each year and I assume somewhere you can find out what % of NI goes to pensions |
Apr 2023
1:50pm, 21 Apr 2023
7,316 posts
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um
NI is a generl taxation pot, nothing in it is ring fenced for anything anymore, if it ever was! The link to pension is because individual pension amounts are calculated using the number of years NI has been paid, or credited. |
Apr 2023
1:55pm, 21 Apr 2023
18,713 posts
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Cerrertonia
Yes, NI (employer + employee) is about 18% of total government revenue. Spending on pensions and NHS is a far bigger percentage of the total. There are some things where your entitlement is based on NI contributions - the state pension being one, but access to the NHS is not.
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Apr 2023
2:21pm, 21 Apr 2023
102,524 posts
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Hanneke
Thanks Phook!
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Apr 2023
4:02pm, 26 Apr 2023
30,101 posts
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Johnny Blaze
This is a useful read on the drawdown taxation situation. bbc.co.uk |
Apr 2023
4:05pm, 26 Apr 2023
46,497 posts
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HappyG(rrr)
Were all the Retirees and Prospective Retirees away doing marathons this weekend or something? Very quiet indeed!  G
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Apr 2023
4:10pm, 26 Apr 2023
42,678 posts
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EvilPixie
haha I'm still sat at work twiddling thumbs (no boss so listening to Audible) Still no news about work situation Still no letter about inheritance So still no idea about what to do or when! |
Apr 2023
4:13pm, 26 Apr 2023
63,584 posts
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Velociraptor
Marathons, indeed The very idea! Preposterous
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Apr 2023
4:17pm, 26 Apr 2023
1,063 posts
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Shades
Merry Christmas and Happy NewG(rrr) I didn't do London marathon. I went to Ireland for a long weekend and ran Connemara marathon, 4 star hotel in Galway 🙂 It's tough living on a state pension 😉 |
Jigs Useful Links
FE accepts no responsibility for external links. Or anything, really.- Money Helper
- How Much is Enough to Retire On?
- Retirement Living Standards
- How much will you need to retire?
- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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