Pensions

Pensions are seen as deferred pay. I was made redundant in 1992, aged 43. rather than take a substantial sum of money, which would have been taxed, I stuffed it into my company pension so that I started to draw a pension aged 50. I am 60 next year. I intend to have got more out of my pension than I actually earned whilst I was working for the company now paying my pension. Revenge is best tasted cold.

Oh, and whilst many workers are lucky to keep their jobs rather than even get a pay rise, my pension will have increased by 5% this year. A good rise, bring on inflation. Don't know what will happen with deflation