UK STRIKE DAY 30TH NOVEMBER

[reverendjeremiah]

Savings. Instead of putting money away into a pension which you cannot touch until you reach retirement age (whenever that will be, it changes as the government realises they can't afford to pay us our pensions), you put money into a savings account. The big difference is, you have complete control over your savings; if you suddenly need to dip into them for an emergency, you can.

LMFAO!!!!



If we in america followed your advice 20 years ago, then we would have handed our retirement plans to the private companies.

This would have eliminated ALL of our retirement once the economy went belly up.

then, when you lose your job, all of those "retirement savings" you would have in your account would have been dpleted merely trying to survive.

In the name of right wing politics, you advocate the death and destitution of many millions of families and children in the name of the naive concept of "private companies are smarter".

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So instead of the employer adding more contribution to what the employee puts in to a pension plan, you prefer to go it alone with savings?
How are you going to live reasonably and put away the vast amount you will need to accumulate a sum that will give you a reasonable standard of living in retirement?

To be fair if everyone did this the company would not have to put money into pension schemes so would have more to pay you anyway.

but you and I both know that they would merely pocket this extra money, instead of paying you more.