In article ,
Bill Taylor wrote:
As a pensioner you'll have significantly less income as well. Even if
you are one of the lucky few who have contributed to a final salary
scheme for 40 years, the most you will get is 2/3 of your salary. Most
people will end up with much less than half the pay the were earning.
Not that I think there's much of a case for different tax allowances
just because your old.
Yehbut, if you've organised things properly, you should have paid off your
mortgage, kids off your hands etc by the time you retire. And no more of
the often considerable expense of getting to work and subsistance there.
--
*Frankly, scallop, I don't give a clam
Dave Plowman
London SW
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