Aloysius Posted March 12, 2007 Posted March 12, 2007 http://www.abc.net.au/news/newsitems/200703/s1869987.htm "The report's co-author, Professor Ann Harding, says most baby boomers are in a good position going into retirement. "The baby boomers seem to have done very well, they've had good economic times, they've had an asset price boom over the last year," she said. "Four out of every five own their own home in their own right, which looks to be a record that future generations may not match." The report also found the number of people between the ages of 60 and 64 who were choosing to stay in the work force had increased by 10 per cent since 1996. Professor Harding says it is becoming more acceptable for people to work longer. "We've had such good economic times over the past five to 10 years that I think it's become more possible for older people to find jobs and keep jobs," she said."
Thudd1503560234 Posted March 13, 2007 Posted March 13, 2007 The report also found the number of people between the ages of 60 and 64 who were choosing to stay in the work force had increased by 10 per cent since 1996.Why?!?!?!???!? The very second, and not a moment longer, that I can afford retirement I'm outta there. Working longer? I've got too much other stuff that I want to enjoy!
50mxe20 Posted March 13, 2007 Posted March 13, 2007 http://www.abc.net.au/news/newsitems/200703/s1869987.htm"The baby boomers seem to have done very well, they've had good economic times, they've had an asset price boom over the last year," she said. Hooray!!!!!!!!!!!!!! for all of us!!!!!!!!!!!!!!!!!!!Why?!?!?!???!? The very second, and not a moment longer, that I can afford retirement I'm outta there. Working longer? I've got too much other stuff that I want to enjoy! Not me. I love work. It keeps my brain active and alive. Plus I'd have to come to some arrangement with the better half. I don't think after 36 years we could stand being together constantly!!
Aloysius Posted March 13, 2007 Author Posted March 13, 2007 I agree Lyle - could have stopped about 4 years ago but it's too much fun to give away - upside is that we go travelling overseas as often as possible and it's really nice to know that all the time you are still getting paid. If I didn't enjoy my work I guess I would be outta there as Thudd says.
Guest EZYHD Posted March 13, 2007 Posted March 13, 2007 Listening to the radio this morning this retirement advisor said so many people are selling up in the capital cities and moving to the regional areas of OZ and keeping the huge funds left over for retirement, I know that is so true. My wife and I moved to FNQ 14 years ago with retirement in mind, but got so dam bored we kept working be it part time. We've done all the local and OS travel, had the boat and car bugs, so now its just an occasional trip or a weekend at Palm Cove or Port Douglas at big discounted local rates (at certain times of the year), and both within a hour from our front door!.
laurie Posted March 13, 2007 Posted March 13, 2007 And if you worked hard saved your money and did not piss it up the wall you will be penalized as a self funded retiree I'm told I've got a few years to blow it on trips,grog,sex, ect then I can claim the pension,cheap medication,cheap utilities,hospital, ect cheers laurie
Guest EZYHD Posted March 13, 2007 Posted March 13, 2007 In the local paper today apprently lots of young married couples are moving too to regional areas plus influx of migrants due to cheaper rents and house prices.
Thudd1503560234 Posted March 13, 2007 Posted March 13, 2007 If I didn't enjoy my work I guess I would be outta there as Thudd says.I suppose that's the difference: I can't conceive of work that I would enjoy more than leisure, short of being paid to enjoy my leisure!
Skid_MacMarx Posted March 13, 2007 Posted March 13, 2007 I'm "generation x" so it looks like I and future generations will paying dearly not just for aloysius's electoral decisions but also his "comfortable" retirement.. although you don't need an ANU economist to state the bleeding obvious
Aloysius Posted March 13, 2007 Author Posted March 13, 2007 I'm "generation x" so it looks like I and future generations will paying dearly not just for aloysius's electoral decisions but also his "comfortable" retirement.. although you don't need an ANU economist to state the bleeding obvious Stop feeling sorry for yourself on my account - deferred gratification for a lifetime means that I have supported several earlier generations via tax etc but because I have saved I won't get a pension - so thanx for your "generosity" but you won't be helping me at all. And you know what? I like it that way If you want to help someone - be good little Skid and pay your taxes and save too
Skid_MacMarx Posted March 13, 2007 Posted March 13, 2007 two things are certain in this life Aloysius; taxes and death it would be good to see my taxes being used for something useful for a change.. it appears most of the taxes we all pay are being given to Howard's mates (media) as "backhanders
50mxe20 Posted March 13, 2007 Posted March 13, 2007 two three things are certain in this life Aloysius; taxes and death and disk crashes
Aloysius Posted March 13, 2007 Author Posted March 13, 2007 two things are certain in this life Aloysius; taxes and death it would be good to see my taxes being used for something useful for a change.. it appears most of the taxes we all pay are being given to Howard's mates (media) as "backhanders Thank goodnesss you put a smiley there Skid - I nearly had a heart attack - thought you were serious for a moment. Lyle - I only had one so far didn't like it much - have two Hard drives now that I back up
50mxe20 Posted March 13, 2007 Posted March 13, 2007 Lyle - I only had one so far didn't like it much - have two Hard drives now that I back up Backups are manadatory but even then one can get caught out with timing etc. I've had so many I've lost count. But I have been using computers for a long time. 28th year I think.
Austen Posted March 14, 2007 Posted March 14, 2007 Why?!?!?!???!? The very second, and not a moment longer, that I can afford retirement I'm outta there. Working longer? I've got too much other stuff that I want to enjoy! I'm with you Thudd....... I've seen many people wait until they "have enough money" before they retire, and I've seen others who have retired and live on whatever they have. Of the people I know, I can honestly say that the latter group are materially "poorer" but much, much more happier. Austen. (My $0.02, I can afford that, I found $0.05 the other day !!!)
50mxe20 Posted March 14, 2007 Posted March 14, 2007 I've seen many people wait until they "have enough money" before they retire, and I've seen others who have retired and live on whatever they have. Money isn't everything. One spends almost 1/3 of one's life working so one should probably find a job one enjoys. Then working is fun. Also I've seen a lot of people 'retire' and within 5 years they are dead. They have a bit of fun and then find they have nothing to live for or the brain inactivity plays a hell of a price. Not for me, I enjoy the day to day stimulation and contact with people and the challenges of consulting. On top of this if I was underfoot at home 100% of the time, I'd probably be much poorer, because divorce could be a real issue. I'd rather have a couple of months off every year to do a bit of travelling (maybe even join the grey nomads), possibly without pay (if necessary), but have the work to come back to.
Cooksta59 Posted March 14, 2007 Posted March 14, 2007 I'm with you Thudd.......Austen. Me too Also I've seen a lot of people 'retire' and within 5 years they are dead. They have a bit of fun and then find they have nothing to live for or the brain inactivity plays a hell of a price. Let me see if I've got this right...if I dont retire I'll live forever?
50mxe20 Posted March 14, 2007 Posted March 14, 2007 Let me see if I've got this right...if I dont retire I'll live forever? Yep, longer anyway.BTW I used to think the same as Thudd. As you get older you get wiser (hopefully).
Cooksta59 Posted March 14, 2007 Posted March 14, 2007 Yep, longer anyway.BTW I used to think the same as Thudd. As you get older you get wiser (hopefully). I find work gets in the way of what i want to do
50mxe20 Posted March 14, 2007 Posted March 14, 2007 I find work gets in the way of what i want to do Like talk on here.
Aloysius Posted March 14, 2007 Author Posted March 14, 2007 Yep, longer anyway.BTW I used to think the same as Thudd. As you get older you get wiser (hopefully). Yo Tell -- IT out Lyle What an awful predicament to be in - not enjoying your work - my sympathies to those folks - life is too damned short not to enjoy every part of it that you can - including work
Cooksta59 Posted March 14, 2007 Posted March 14, 2007 Like talk on here. Er yeah Yo Tell -- IT out Lyle What an awful predicament to be in - not enjoying your work - my sympathies to those folks - life is too damned short not to enjoy every part of it that you can - including work It would be interesting to know the figures on how many people are actually happy in their work Aloy.Wheres one of the stats kings on the forum?
Skid_MacMarx Posted March 14, 2007 Posted March 14, 2007 I agree if its only to make a living... why should Howard force the elderly to work until they crack.. When I was at the steelworks, I remember a lot of guys working up to 65 than a year or two later they died.. I remember many saying they would have left at 60 if they could have.. years of hot. dirty hard toil.. to improve the life chances of their kids now Howard takes away their sacrifices in one generation I reckon you should have the time to pursue the activities you wish in those last remaining years.. and if that means continuing to work fine... I think its discrimination that men who wish to retire must wait a further 5 years than women, considering, women statistically live longer than men... Other countries have 60 regardles of gender.. this would open up more employment positions for our younger people.
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