Another White Elephant ?

[youngmafbog]

Now the Government is proposing Care home costs to be funded by State Loans. Individuals will still have to sell their home and pay interest so what exactly is th epoint?

Just when will they get it in their thick heads that the reason saving has dropped dramatically and few, bar civil servants receiveing gold plated ones, have a pension.

I mean, why bother, live life to the full now and enjoy the megre amount you are allowed to keep after tax, dont save it so the ba**ds can take it off you to fund teriists wanting to kill you, Billions on the EU white elephant, Wars we should not be involved in, workshy layabouts, the WHS (was the NHS) etc etc etc.

I thought the Tories were in, I must have been mistaken, more like a commie dictatorship.

[hc4361]

I do have a house and it will be used to pay for my old age if necessary.
It can easily cost £2000 upwards per month for nursing care.

Unless you are super wealthy, pay for private health care and private education then the majority of people who live beyond 80 are getting far more out of the system than they have paid in.
Don't forget your NI contributions are not to pay for your pension, but they pay the pensions that are being claimed today.

I know people who have been collecting the state pension for 40 years and have lived in a nursing home for 6 years or more. They certainly haven't paid in what they get out.

We can't afford to pay nursing care for everyone.

[ummmm]

Why do people try and hold on to their money in old age anyway?

hc - my grandad is paying £1,300 per week for him and Nan. He's just sold his house. All his kids have their own houses so why keep hold of it?

[Duncer]

So, I require care and my house needs to be sold. Where does my good lady go?

Perhaps we should reprioritise and stop getting involved in grossly expensive illegal wars for a start? Then we could stop the billions in aid to two countries who have both said they don't need it?

[ummmm]

They don't sell, or force a sale, of a house where one person is still living in it.

[hc4361]

Ummmm, that is my way of thinking entirely.

[ummmm]

My grandad thought he'd be dead years ago so he's a bit peeved. None of his kids need nor want his money. It's just a pity he didn't enjoy it more..

At least we know what to do. Save up for your retirement but not to leave your kids an inheritance.

[Duncer]

"They don't sell, or force a sale, of a house where one person is still living in it".

Yet! When I worked in the NHS there was no Liverpool Path and we didn't withdraw food to let people die.

[ummmm]

What?

[Duncer]

Some see it as legalised euthenasia

http://en.wikipedia.o...for_the_dying_patient

[Brenden]

Quite right Ummmm, but when the house becomes vacant or sold they then take the nursing care from the sale of the house.

[ummmm]

That's fine Brenden. Presumably at that point the spouse would also need care or has died.

[ummmm]

Your point being, Duncer?

[Duncer]

I thought I had already made it ummmm.

I am very much against legalised euthanasia where the decision is out of the hands of the patient or their direct family, and I also worry that financial expediency would trump all other factors when it came to decision making about the right to live or die.

[ummmm]

That is for dying patients. People already on their death beds. Nothing to do with care homes/nursing homes. What would you suggest? That they tube feed people to prolong their life?

[Old_Geezer]

The point for whom ?

For the government there is a possibility they can fool some of the public into thinking they are being generous and allowing them to retain ownership of the property they scraped to get until they die. You may fool some of the people some of the time.

For the person who has paid into the public kitty when able to and expects to be able to draw on it in times of need, then there is very little point. The payments is merely increased by the accumulated interest and paid after your death: so what you sacrificed to put a little wealth together in the hope of enjoying it yourself and then helping your offspring out a little, is effectively in vain since it will be taken out of your estate anyway. You pay in, then you pay in again.

It's an attempted sleight of hand whereby you aren't here to see the second tranche go.

[emmie]

OG, just what i thought, you pay whichever way.

[ummmm]

They couldn't have guessed that people were going to live so long.

[emmie]

in much the same way that people have been getting taller, bigger overall, and not just because of weight, with improved health care, why wouldn't one. After all those in the past who could afford good food, decent medical care didn't suffer half as much as those who couldn't afford either. Where once middle age was considered 40, now it's not. That is not a new thing, it's been happening for a long time. Now it's coming home to roost. those who want to retire at an age where they can have some enjoyments, benefits, may not be able to.

[ummmm]

Well they got it wrong then.

I know it must be hard on today's pensioners and people heading for retirement. At least my generation knows what to expect.

[emmie]

they have moved the goalposts and no one likes that.