The headline grabbed attention which is that Pensioners are high earners and since 1999 to 2O12 they have climbed the financial ladder of success as they have gained a percentage increase during that period over those who work - I am in the .. those who worked during that period category.
So we are acquainted with the statistics of how to make the money last in retirement since the pension
received is all that is available and the chances of the money running out are real not imaginary.
The chart has a prediction and instead of prediction of an early death which most of we Sixties team do,
as so many have not come to the retirement end so to speak but have sadly passed on. However for those
who have made the grade everyone is advised to take a look at how to make the money last in
retirement as thats all that is on offer.
Suggestions for the age prediction factor are given in a chart provided on Yahoo blogs however if one takes
the age of say, 66 and runs the chart on to a long life rather than a short one, then the prediction would be as follows:
66 years to 84 years
which is just under 2O years I guess runs in at 18 years!
That is an interesting analysis of life expectancy and it certainly throw the spanner in the works as its an unexpected twist of fate should one live a long live rather than a short one so how to make the money last - thats the hardest bit. Possibly stretching your income to breaking point is one way - or avoiding luxuries completely
cutting back on dining out and recently DO IT YOURSELF GIRL is an excellent way to get published and write oneself into fame and money! Hard work pays UP!