Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»Why your retirement should be more taxing | Ageing
    Investments

    Why your retirement should be more taxing | Ageing

    January 27, 20262 Mins Read


    Simon Jenkins is right to point out the growing feasibility of older people choosing to work into their 80s (Mary Berry, and now Prue Leith. Retiring in your 80s is the new 60s, 23 January). As he says, older people are far healthier than they used to be and continuing to be economically active is generally good for one’s health.

    But I feel that he, and successive governments, have missed a trick. He states that “the idea of Britons becoming useless at 60 was increasingly unreal”, yet as soon as retirement age is reached, one ceases to pay national insurance (NI). I was astonished when I no longer paid NI after the then retirement age – yet I would not have missed it in my extra two years of teaching. It would have simply been a continuation of what I’d already been paying.

    With work and pensions records online, why is it not possible for older people to continue to pay NI, adding to their pension pot and contributing to the public purse at the same time, pro rata their working hours and salary? Change the rule to: if you are working, you pay national insurance, regardless of age.
    Anne Ayres
    Huthwaite, Nottinghamshire

    As Simon Jenkins writes, there are indeed “unquantifiable virtues that come with age”. But as a mentally and physically active man in his 70s, I can’t help noticing that ageism remains widespread in business, government, news media, comedy and everywhere else – explicitly or implicitly.

    Contrary to the insulting common view, we are not sitting in slippers and cardigans, listening to Vera Lynn on our gramophones and bemoaning the “good old days”. Many of us are still active and still trying to make the world a better place – our “unquantifiable virtues” remaining intact, perhaps even enhanced over the years.
    Brian Cookson
    Chair, Active Lancashire

    Scenario: travelling by train through gloomy London. Gloomy news. Turn to the Journal pages in the Guardian print edition and Simon Jenkins’ article. Sunshine’s breaking through!
    Elizabeth Belcher (aged 79 and 50 weeks)
    Sandy, Bedfordshire

    Have an opinion on anything you’ve read in the Guardian today? Please email us your letter and it will be considered for publication in our letters section.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    How Student Loans Are Hurting Your Retirement—And What They Could Cost You

    Investments

    Is $2 Million Sufficient for Retirement? Experts Share Their Insights

    Investments

    Check your National Insurance record to confirm you will get full New State Pension in retirement

    Investments

    IIFL Finance bonds base issue of Rs 500 cr fully subscribed

    Investments

    Psychology says the way you describe your retirement predicts how happy you actually are—here are 7 phrases to watch for – VegOut

    Investments

    Retirement panic as date set for Social Security to run out of cash

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Électricité: sanctions financières contre Mint et BCM Energy pour pratique abusive

    Commodities

    Silver prices hit ₹1.43 lakh per kg for the first time in India

    Commodities

    Metal Gear Solid Delta collector’s statue is a ‘hilariously bad’ waste of money

    Editors Picks

    UK property remains one of the most reliable investments in tough times

    May 14, 2025

    Black Sabbath | Le dernier spectacle d’Ozzy Osbourne sera diffusé en ligne le 5 juillet

    June 6, 2025

    Strengthening Vietnam-US business partnership in the agricultural sector: Towards sustainable development and trade balance

    June 1, 2025

    Japan is facing a dementia crisis – can technology help?

    December 6, 2025
    What's Hot

    Limp Bizkit en concert : remportez vos places

    March 25, 2025

    The Smartest High-Yield Dividend ETF to Buy With $100 Right Now

    June 30, 2025

    Is your second house really an investment?

    September 22, 2025
    Our Picks

    Could Ozzy Osbourne’s legacy be helping save the planet?

    October 13, 2025

    Bharti Telecom’s Largest Bond Issuance Seeks $1.33 Billion

    October 31, 2024

    What’s Changed and How Your Retirement Savings Are Affected

    January 10, 2026
    Weekly Top

    How Student Loans Are Hurting Your Retirement—And What They Could Cost You

    February 17, 2026

    Wheaton Precious Metals puts down a US$4.3 billion bet on silver – BNN Bloomberg

    February 17, 2026

    Is $2 Million Sufficient for Retirement? Experts Share Their Insights

    February 17, 2026
    Editor's Pick

    Llanwrtyd and District’s annual agricultural show will take place on Saturday, August 16

    August 13, 2025

    Officers visit junk-filled Sun Valley property — once probed by the feds — after owner misses court

    August 22, 2024

    Two Guelph women taken for combined $50,000 in cryptocurrency scams

    June 9, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.