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Sunfish, I agree with the man, but have gone one further to say the system should work at getting those people who are able to work, working (just as you would the young unemployed), hence reducing the years dependent of welfare. I did say excluding those on a disability pension. My 'finger...

I said burden, not rorting... btw, the term most often used when discussing pensions and the over 67's.

Honestly jaycee, where did I call people names and cause 'fights' :rolleyes:. Wunderbar, work is work, self employed or not. This is what I said. I'm just not easily convinced a healthy person between say 55 and 67 can't find any work at all, at any time, at this age. Those that...

But they're not the ones this article spoke off. It was referring to those on the dole and disability pensions. Wunderbar, are you serious that people under 67 can't learn new things. I think where an older person really wants to work, and providing thay have experience, a good work...

It doesn't have to be fulltime employment or the same employment they were previously in. I live in an area with a very large number of international students and I see them in employment everywhere. I know of some studying that are also working in factories full time. I'm just not...

We need to have a pension assessment scheme whereby pensions are calculated on hours worked over a life time (excluding those that are unable to work of course). Those that spend much of their time unemployed should not move to the higher paid aged pension. (investor2009 the age pension is...

Which is why this Q should be specific in asking what you need to live in net after tax dollars. In our case what we bring in net, minus what's left/saved is what we need, which is around 70K. We realistically anticipate having at least this at retirement but with significantly reduced...