[Quantum Bauble]

Originally Posted by Cherie

The government basically dont want healthy people retired, they only want you to retire when you are too knackered to enjoy it

They want people to be self-funding their retirement via private pensions and investments is my guess... Having huge chunks of your population voluntarily investing a larger percentage of their salary is a huge boon for the neoliberal western economy.

People on decent salaries, let's say £50k+ and I to the top tax bracket, are going to increase the amount of salary going to private pension to 1) avoid losing that money to tax and 2) fund a realistic reasonable retirement age.

Personally I already do 12% instead of the mandatory (5% I think?) and my employer matches contributions up to 12% so it's a no brainier really. Though part of me does think, it's essentially gambling on making it to retirement age . Though they are inheritable at least.