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Superboomers - never had it so good!

(56 Posts)
whenim64 Mon 04-Aug-14 09:36:20

I heard yesterday that my 67 year old ex, who owns a few properties and inherited well, feels he needs a part-time job to supplement his income from properties, two private pensions and state pension, and villa in Spain. He's worried about the inheritance tax bill! Poor man sounds like he's on his uppers!

It's very subjective, this idea of being poor or comfortably off. I take Mr Micawber's view - as long as I have sixpence spare, I'm ok.

dorsetpennt Mon 04-Aug-14 09:25:35

It was the Daily Mail that said this after all. Never believe a thing that awful rag prints.

sunseeker Mon 04-Aug-14 09:25:22

I also dislike these generalisations. Those who have "made good" have worked hard for what they have, very few inherited money. There are also a great many who live from one day to the next, having to work when they should be enjoying retirement just to keep body and soul together.

I heard a young man on local radio once say that those of us over 60 should sell our houses and use the money to finance students rather than their having to take out student loans!!

Most of us were raised with a strong work ethic and only claimed benefits when it was absolutely necessary, yet we are being demonised because we tried to make provision for our old age.

Yes house prices were much lower when we bought our homes, but salaries were also low, interest rates were around 15% so mortgage repayments took a large chunk of our salaries.

ninathenana Mon 04-Aug-14 09:20:49

A very sweeping statement in my opinion.
There will always be the wealthy, the comfortably off, those getting by and unfortunately those struggling in any generation.
I consider DH and I to be very fortunate to be comfortable financially. However, as we know things can change quiet swiftly.

Terrafirma1 Mon 04-Aug-14 09:16:27

Who, what, where? Granted there are some people whose house purchases were before before prices turned eye watering, whose children have not needed funding through university, who retired with an inflation proof final salary pension and whose health permits trekking in the Himalayas! I even know people like thst. I slso see many msny more "over 50's60's 70's " waiting at the Health Centre , struggling with sticks and walking frames, shopping in charity shops or queuing for the bus. I hate these generalisations especially when uttered by younger people who think nothing of 2 or 3 foreign holidays a year or £50 for a football match ticket/night at a pub.

papaoscar Mon 04-Aug-14 09:02:47

The Mail says that most over-50's are wealthy, trouble-free and generally enjoying life far more than previous generations did and future generations will be able to. What do we think?