peakaboo
New Member
- Joined
- Feb 10, 2010
- Messages
- 329
Parents delaying retirement to pay for adult childrens ,irresponsible gaming addictions.
17:45, Sunday 14 March 2010
Parents in Britain are being forced to postpone their retirement to meet the rising costs of supporting their adult offspring, they gorge on pizza and lounge about watching bots and films, a new study suggests.
Research undertaken by The Children's Mutual found more than half (57%) of parents with 18- to 30-year-olds quizzed said they had ''no choice'' but to retire later, if they had know there offspring were to be so useless they, admitted they would of had a vasectomy.
Four in 10 (43%) expected to work up to five years longer than desired due to the financial burden of their 'adult' sloths.
Nearly one in 10 (9.3%) of the 1,484 parents questioned in January believed they would now be forced to work more than a decade longer, with some abandoning the dream of retiring altogether.
Approximately three quarters (75%) of parents originally planned to retire before they reached 65, but 40% have accepted the fact they will not stop work before the 'official' retirement age.
Almost eight in 10 (79%) of parents claimed their ability to save for their retirement was affected by unplanned financial support needed by their offspring - with a third (32%) suggesting it had been significant.
David White, chief executive of the Child Trust Fund provider said: ''Worryingly, the number of parents getting caught in this middle age parent trap will almost certainly continue to rise - however parents of today's youngsters can start to plan financially from the outset of having children and in so doing extricate themselves from this cycle.
"Although we live in a capitalist society, which basically means i am a hypocritical piece of shit.
''It's clear that the concept of a retirement age will become increasingly fluid and for some it might even become totally irrelevant, meaning you stop when you drop.
''It is imperative that we empower parents of today's youngsters to ensure that their retirement dreams and the hopes for their offspring are not compromised.
''Investing in a Child Trust Fund or other long term savings vehicle from the outset is one way to help ensure that the keel remains even.''
He added: ''Parents of today's young adults face an unenviable choice - secure their retirement or fund their children's futures. Despite their best intentions, our research shows that for millions of Britons adequate provision for both is currently well out of reach, like this is a surprise ? i get paid to do this research.''
I have creatively Plagiarized a former article and made it better !
Kudos to me ,
17:45, Sunday 14 March 2010
Parents in Britain are being forced to postpone their retirement to meet the rising costs of supporting their adult offspring, they gorge on pizza and lounge about watching bots and films, a new study suggests.
Research undertaken by The Children's Mutual found more than half (57%) of parents with 18- to 30-year-olds quizzed said they had ''no choice'' but to retire later, if they had know there offspring were to be so useless they, admitted they would of had a vasectomy.
Four in 10 (43%) expected to work up to five years longer than desired due to the financial burden of their 'adult' sloths.
Nearly one in 10 (9.3%) of the 1,484 parents questioned in January believed they would now be forced to work more than a decade longer, with some abandoning the dream of retiring altogether.
Approximately three quarters (75%) of parents originally planned to retire before they reached 65, but 40% have accepted the fact they will not stop work before the 'official' retirement age.
Almost eight in 10 (79%) of parents claimed their ability to save for their retirement was affected by unplanned financial support needed by their offspring - with a third (32%) suggesting it had been significant.
David White, chief executive of the Child Trust Fund provider said: ''Worryingly, the number of parents getting caught in this middle age parent trap will almost certainly continue to rise - however parents of today's youngsters can start to plan financially from the outset of having children and in so doing extricate themselves from this cycle.
"Although we live in a capitalist society, which basically means i am a hypocritical piece of shit.
''It's clear that the concept of a retirement age will become increasingly fluid and for some it might even become totally irrelevant, meaning you stop when you drop.
''It is imperative that we empower parents of today's youngsters to ensure that their retirement dreams and the hopes for their offspring are not compromised.
''Investing in a Child Trust Fund or other long term savings vehicle from the outset is one way to help ensure that the keel remains even.''
He added: ''Parents of today's young adults face an unenviable choice - secure their retirement or fund their children's futures. Despite their best intentions, our research shows that for millions of Britons adequate provision for both is currently well out of reach, like this is a surprise ? i get paid to do this research.''
I have creatively Plagiarized a former article and made it better !
Kudos to me ,
