Keep expecting the 'quite frankly this has turned into a bunfight' comment [even though I still haven't figured out what the aforsaid 'bunfight' actually is].
Banking Bullies! Feeling ignored, and most un'appy
The Lebanon to be heavily bombed
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Retirement should be a time for enjoying friends, family and hobbies, old and new. But a bit of planning can help you make the most of it, so worries about money don’t get in the way and you can focus on having fun.
So what things should you consider before retirement? Have you thought about downsizing? What are the benefits? What about continuing to work part-time? What aspects of your future should you discuss with? your family?
We're delighted to welcome Edwina Currie for a live webchat on retirement planning. A writer, broadcaster and ex-minister for public health and women's health issues under Margaret Thatcher, Edwina, 66, today works part-time as a writer and broadcaster and has published 11 books. She is also a member of the McCarthy & Stone Greater Life Advisory Board which challenges attitudes to ageing.
In 2011, she downsized and returned to her roots in Derbyshire, close to the area she represented as an MP. Edwina and her husband John have a combined family of four sons, two daughters, nine grandchildren and two great-grandsons.
Join us on 23rd July at 7pm when Edwina will be answering your questions on planning for retirement.
This webchat is sponsored by McCarthy and Stone Money.
Keep expecting the 'quite frankly this has turned into a bunfight' comment [even though I still haven't figured out what the aforsaid 'bunfight' actually is].
Oooh heck! It's tomorrow and I can only see four questions! 
Of all the questions that I would ask Edwina Currie, retirement planning wouldn't be one them 
Edwina, do you actually live in a McCarthy and Stone house?
I just saw this on twitter.
I'd like to ask about your experiences of downsizing. It's something we have thought about often but we are just not sure. Will we feel confined in a much smaller space? Will we have room for visiting family? Is it a mistake to leave the home we love? Financially of course it makes sense but it's not that simple
I read above that you have moved back to your roots. But has this entailed moving closer to your adult children? This is the conundrum for us. Not only whather we should leave an area where we have friends and places that we know but also which of our two children we should move closer to if we do. What is your experience?
I just saw your photo on facebook and have to say I love your jacket!!!!!
One of the things (actually the thing) I find hardest about getting older is the attitude of other peopl. They see gray hair and automatically seem to dismiss me as an old dear. I am the same age as you and still think of myself as 40 something most of the time. Have you encountered prejudice such as this and what are your suggestions. 66 is hardly old!!!!
PS is this why you have decided not to go gray yourself?
What are you like as a grandmother?
Dear Edwina
What is your view on universal benefits?
Thank you
Janette
Just thought of another question. Edwina, how do you think the current government compares to the days of Thatcher?
No one seems to have asked about the eggs controversy so I will. Do you regret what happened? And do you eat eggs?
I'll be watching this thread closely tonight... be interested to see what Edwina has to say about retirement and whether she's just being a puppet for McCarthy & Stone!!
when do you think people should start planning for retirement? I read something the other day about a 30 year old needing to be saving 864 pounds a month in order to have anything like a decent pension. though maybe their idea of decent and ours would differ I don't know.
It's all very well saying focus on the fun and don't worry about money but that might be fine for someone who has had a successful career in the public eye but for those of us who haven't worrying about money has taken away some of the fun before we even thought about retirement. What about us?
I'd like to know what the pension payout is for a former cabinet minister, and don't they have a sort of golden handshake as well? But I could be wrong.
LyndaW
Edwina, do you actually live in a McCarthy and Stone house?
testing
To be fair, wasn't Edwina ultimately right about the eggs?
Welcome to Edwina who is now with us and ready to answer your questions. Handing over to her right now...
No, I don't. I live in Derbyshire, the High Peak, none round here. Wish there were !
Sunhat
To be fair, wasn't Edwina ultimately right about the eggs?
During 1988 we became aware of serious food poisoning being traced to undercooked or raw eggs – a new bug mutation. Putting people in hospital in droves, on kidney machines, and lethal for some. About 500 new cases every week by autumn 1988 (over 30,000 in a year), and some 60 + deaths that year. These days, there’d be one hell of a row, with the product pulled from the shelves by retailers, producers told to clean up, victims properly looked after. But then, the Agriculture Ministry were claiming there was no problem, and I as Public Health Ministry knew there was. So eventually I told you all, on TV news. I didn’t say, Don’t eat eggs; they were safe if properly cooked (eg in cakes). But not soft-boiled, or uncooked (eg ice cream).
Years later the UK egg producers made amends; they invested millions in clean vaccinated stock and check everything. Lion stamp means they’re OK (and no, they don’t pay me to say that).
Scream
Hi Edwina. What do you think about universal benefits - do you think they should be scrapped?
Scream
Hi Edwina. What do you think about universal benefits - do you think they should be scrapped?
Scream
Hi Edwina. What do you think about universal benefits - do you think they should be scrapped?
EdwinaCurrie
LyndaW
Edwina, do you actually live in a McCarthy and Stone house?
testing
No, I don't - none here in Derbyshire!
Tegan
I'd like to know what the pension payout is for a former cabinet minister, and don't they have a sort of golden handshake as well? But I could be wrong.
I wasn’t a Cabinet Minister: Mrs T didn’t have any other women MPs in her Cabinet (that’s another story..). And she didn’t believe in paying Minister well, or heft redundancy payments either – enough for a facelift, as preparation for my new life beyond Westminster, and that’s not something I would do again.. My parliamentary and ministerial pension, after tax, is £660 pm.
granoffour
when do you think people should start planning for retirement? I read something the other day about a 30 year old needing to be saving 864 pounds a month in order to have anything like a decent pension. though maybe their idea of decent and ours would differ I don't know.
As soon as possible, but most people don't. There's one suggestion that a person should save the equivalent of half their age from their salary annually into a pension fund - so a 30 year old should be saving 15% a year. But at 30, that seems like a lot. I started my own pension fund when I was 45 and have saved most of my book money into it. It still won't make me a wealthy pensioner. So, the sooner the better.
tabletop
It's all very well saying focus on the fun and don't worry about money but that might be fine for someone who has had a successful career in the public eye but for those of us who haven't worrying about money has taken away some of the fun before we even thought about retirement. What about us?
I'm a member of our local WI and I'd guess most of the (older than me) members don't have much money. But they can teach me a thing or two about living life to the full.
Sunhat
To be fair, wasn't Edwina ultimately right about the eggs?
Thanks, see the detailed comment on eggs I've just posted.
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