Would you 'blow' your pension on travel?
Watch this postMore than 200,000 pensioners are likely cash in their entire retirement savings next year when new pension reforms are introduced, pollsters revealed last night. Research by Ipsos Mori for The Times has found that one in five OAPs will use part of the windfall to pay for a holiday. What are your views or plans?
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Living in a hut in Thailand for ยฃ18 a week doesn't sound like blowing money at all in my opinion ๐
I actually got a line of credit to go to Europe over Christmas. I'm 50 and for the first time in my life I am in debt but it's something I had to do! I have a genetic condition that could cause me to end up in a wheelchair. I wanted to go to Europe while I could still walk on my own. Besides someone would have their work cut out for them pushing me up those steep cobblestone streets! I'm glad I did it. As soon as this trip is paid off I plan on going somewhere else. I plan to see as much of the world as I can before my health gets worse!
Life insurance payout to my children when I pass, I have paid for my funeral costs...and I can assure you its very basic! I LIVE on my state pension and what a measly lot they give to us! However, my savings? and with all other costs related to me popping my clogs so to speak? I am spending it travelling!!.
My children, look after their children financially, and their children will look after theirs and so on and so on. I have had three holidays this year, and oh! most likely another three next year, will I run out of money NO! my health may fail, or god may call my card. ..but I am ready when he is. Until then? I am looking to join a like minded travelling group of people, have fun, sun, lots of everything that some say is not 'good' for me? Lol. I am not looking for romance, my late husband would be a hard act to follow just, friends and companionship. To sum it up from my perspective? enjoy this last chapter of your earthly life, there is a clue right there ! Haha.
Off to sunny Turkey beginning of October. Need to relax and chill out for a week. The weather is hot still and the crowds have all gone so we can actually have long lunches with superb Turkish food and enjoy ourselves without scores of people around us and the waiters rushing around like mad things.