Work Until You Drop
David Green, 12 October 2004
The independent commission, chaired by Adair Turner, has warned of the need for pension reform. Some groups are demanding an increase in the basic pension at the taxpayer’s expense, others an end to means testing, and a few are calling for raising the pension age.
A basic safety net is a necessity, but if we want to remain a free people and to enjoy independence in old age, the best safeguard is to rely on self-help: save as much as you can during your working life and ‘work until you drop’. Further discussion.