Quote:
Originally Posted by gunner  My investment in property like many of my friends has absolutely nothing to do with "old age poverty". Its nice thinking i work hard for the future of my children, hopefully giving them a good start in life with some, financial inheritance. |
You live in a country with appalling inequalities. Intergenerational social mobility is relatively limited. I can of course therefore appreciate how you want to protect your children from the realities of our class ridden country
Quote:
|
I save- and pay into a pension for my old age. O and of course my pension from doing my bit in the Army
|
Folk know that they cannot necessarily rely on pensions. Even those that have saved sufficiently have been caught out (and needed government bail-outs).