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25 February 2010

No pension - any options?

I did not realise that the small flat rate State pension for all which used to be paid, has been abolished. I have no pension scheme and no payments to the Government. At 60 in vigorous health I can expect at least 15 perhaps 20 reliable active years to come (my family all live long lives in good health) In these years I can take care of myself. My only concern is to protect my child from me being a burden in my last few years. Is there anything I can do now to provide a modest income for when I become incapable?

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