Pensions fury as retirement age will be increased to 71

[Music] hello welcome it's Andy here and talking really a quick video for you this is um quite worrying because if you're up my age you were looking forward to being able to get the uh State Pension because you have paid into it most of your life they're now saying that they're going to rise or raise the age to 71 so for me that would be another eight years at the moment I'd be lucky to make it till 68 which is uh what it's alleged to be or 67 is it something like that um but the if they stopped pissing up the wall with all the money if they stopped putting it in their pocket if they stopped giving it away then there will be plenty of money because this money has been paid already people have worked their lives and paid their uh money into the scheme and of course this this story's been going on for a little while now because obviously they were trying to uh do other things with old H pensioners and uh taking away their winter fuel allowance and making them you know if they're not on means tested benefits then they get nothing now you can argue whichever way you like but the story is is very very horrible is the only word I can think of Labor they're just doing it again every time they open their mouths they they're actually screwing the country or somebody they're screwing disabled people they're screwing the elderly you they're screwing everybody and why because they want to take money off you so this is uh possibly in the express is pro probably a story that you have not seen yet but you will it will be all over the MSM so State pinion Fury and Riot fears as labor told retirement age must rise to 71 years old it's a think tank and they're suggesting that this is um important let's have a look at the actual story itself so warnings that the reement age must rise has spared a furious response experts have told the labor government they must act now and one expert has even suggested that UK could even see riot in the streets if the pension age is raised again uh we got Chancellor Rachel Reeves who's under growing pressure to increase tax thresholds as retirees relying on the state pension could soon be forced to pay income tax which is horrific isn't it I mean uh just beyond belief so a think tank has suggested that the age must rise from 66 to 70 or 71 by 2050 and that will be to remain affordable well plenty of time there but they need to stop spending money elsewhere a director investment firm fund bagers Fidelity International has said that such suggested moves could lead to civil unrest well I think that's the least of their worries I think there are many more things that they would be uping arms about and um pensions is just one of them so yeah in 2023 protesters clashed with uh riot police in France over a controversial pension reform law which raised the retirement age from 62 to 64 and in 2018 uh Putin's regime appeared to be threatened by protests over pension reforms uh that would be give the average Russian just months of retirement so obviously the whole point about this is they are spending the money that they have put in their Kitty on other things and now they're being caught out because people are retiring and and they haven't died off quick enough so yes if you are a a retirement age and and you do have your pension then you're very lucky but if you haven't got it yet uh you obviously will be looking at this going off no and it's going to be terrible for those people coming up now who are working and paying into a pension if it's a private pension then you'll be okay but if it's a state pension then pretty much you're guaranteed not to get it because by the time you retire you know let's say you're I don't know 40 or 50 years old in 10 20 years time I don't think that there will be a a pension a state pension I think it will be cancelled I think there will be no uh money there and what they're doing is so yeah comments down below thank you and catch you later bye for now

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