... no plan that I have seen will analysis their spending habits. Perhaps you know something I do not.
You're the one who said "The issue is how/where they consume and if they then end up on a pension after luxury spending or not" - So DON'T try and put it back on me.
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Herbs, just you am me left to argue in the pub hey? My shout.
The spending patterns are important to know factors such as spending on overseas holidays etc and to get a sense of spending on luxuries before claiming a pension. Just macro data, nothing specific to any one individual. You are safe.
The spending patterns are important to know factors such as spending on overseas holidays etc and to get a sense of spending on luxuries before claiming a pension. Just macro data, nothing specific to any one individual. You are safe.
Do not get to paranoid old man.....
Paul, from a purely selfish personal financial perspective I'd be barracking for the proposal you support - Because I'll not personally get the aged pension regardless. But it's a really shitty idea. So I'm agin it.
Same as from a purely selfish personal financial perspective I'd be barracking for the removal of neg gearing - But as that is also a really shitty idea, I'm agin it as well.
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Correct, however not for me personally, but for the younger generations and the generations after that. It is called a social conscience, something clearly the bulls lack.
Pauk you have no more right to claim social conscience than anyone here. This is just a personal fairy tale you tell yourself to justify your own vilification of a generation. Most of your posts are filled with unfounded fears that the youth will be left with nothing but trouble from their elderly relatives when nothing is farther from the truth.
The truth is that the boomers have provided better for both their offspring and their parents than did the previous generation. They are approaching retirement with greater savings than the previous generation and will be less of a burden than our parents were to us (not complaining just stating that fact). If, as you are claiming, this proposed inheritance is from the generation older than the boomers then you know that the boomers will leave much more - not less, as boomers have built more wealth. Boomers have given more help to their offspring than the previous generation at every stage of their lives. You have no grounds at all to assume that this behaviour pattern will suddenly stop.
Young people today are better off than any previous generation so save your tears and social conscience for the elderly you want to evict from their homes.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Pauk you have no more right to claim social conscience than anyone here. This is just a personal fairy tale you tell yourself to justify your own vilification of a generation.
Paul is a slow learner.
Any expressed market opinion is my own and is not to be taken as financial advice
IMHO it is completely without social conscience to promote fear and loathing of the elderly and to act as if young people have some right to the wealth of the elderly. The elderly paid taxes all their lives to support the previous retiring generations. Pauk promotes an agenda that eyes the wealth and retirement savings of the boomers with avarice.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Pauk you have no more right to claim social conscience than anyone here. This is just a personal fairy tale you tell yourself to justify your own vilification of a generation. Most of your posts are filled with unfounded fears that the youth will be left with nothing but trouble from their elderly relatives when nothing is farther from the truth.
The truth is that the boomers have provided better for both their offspring and their parents than did the previous generation. They are approaching retirement with greater savings than the previous generation and will be less of a burden than our parents were to us (not complaining just stating that fact). If, as you are claiming, this proposed inheritance is from the generation older than the boomers then you know that the boomers will leave much more - not less, as boomers have built more wealth. Boomers have given more help to their offspring than the previous generation at every stage of their lives. You have no grounds at all to assume that this behaviour pattern will suddenly stop.
Young people today are better off than any previous generation so save your tears and social conscience for the elderly you want to evict from their homes.
What a pile of dribble.... More boomers are going into retirment in debt that any previous generation. Boomers have a changed attitude about inheritance. Boomers have directly contributed to unaffordable housing for our young and high youth UE through their political management Boomers will leave less in real terms than any generation before them or after them. I do not want to evict any old people, that is just pure trolling.
Says he that claims the 1000 retirees surveyed were all boomers....lol
skamy
22 Sep 2014, 10:18 PM
He is very stuck on his agenda, that is for sure.
IMHO it is completely without social conscience to promote fear and loathing of the elderly and to act as if young people have some right to the wealth of the elderly. The elderly paid taxes all their lives to support the previous retiring generations. Pauk promotes an agenda that eyes the wealth and retirement savings of the boomers with avarice.
It is my 'my' agenda. That is simply continuing the personal trolling. I support the policy as determined. The young have no right at all to the welath of any older generations, however they also have the right not to pay taxes so millionaires can calim a pension.
Says he that claims the 1000 retirees surveyed were all boomers....lol
Link/s please.
Because it has come to my attention that you do seem to be quite capable of making the most ridiculous interpretations of pretty much anything (to apparently/presumably[?] suit your own ends at the time - whatever they might be at the time?) ...
Because it has come to my attention that you do seem to be quite capable of making the most ridiculous interpretations of pretty much anything (to apparently/presumably[?] suit your own ends at the time - whatever they might be at the time) ...
Read the hole thread Hebs. I have provided the links. In fact it was taken from the links that Peter provided and then stupidly argued that the 1000 responses would have been from the boomers, when the vast majority of boomers have not even retired yet.
Read the hole thread Hebs. I have provided the links. In fact it was taken from the links that Peter provided and then stupidly argued that the 1000 responses would have been from the boomers, when the vast majority of boomers have not even retired yet.
Links please ...
Given you're the one who is throwing the shit around.
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