Re: Britain outside the EU
Quote:
Originally Posted by ianch99
I don't think he understands this at all. Pension payments and the care system is funded out of current taxation, there is no magic pot of money paid into by those in their pre-pension years.
The irony here is that a considerable number of the generation I am citing have defined benefit or final salary pensions and, as a result, are in far better financial position than the generations that followed.
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Not forgetting either
A. Being able to afford to buy a house
B. Being in a place where good quality affordable social housing was available
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Nerves of steel, heart of gold, knob of butter......
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