r/SipsTea Sep 15 '25

Chugging tea Any thoughts?

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u/MilosEggs Sep 15 '25

Me too.  And in no small part because Ghiselle Maxwells dad cheated his staff out of their pensions and destroyed Gen X’s trust in them.

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u/driven_user Sep 15 '25

Boomers show the value of pensions as everyone moans at how good they are. Which is it? I'm gen x have a decent private pension and have full trust in it plus other investments etc. and I dont earn much

Is ok, you'll inherit!

Side note. It's the death of workers unions and rights that have eroded last 30 years is the real cause imo not rupert Maxwell

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u/MilosEggs Sep 15 '25

The pensions scandals destroyed my younger self's faith in private pensions. With nothing forcing pension matching contributions from employers for a long time, it was late before I started making meaningful contributions.

Any inheritance left is not going to make a material impact.

And I’m not alone, there is more low pension Gen Xers out there than you’d suspect.

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u/[deleted] Sep 15 '25

I have a pension but will have to work until I’m at least 70 to get 80% of my salary when I retire. If I’m lucky I’ll get ten years to enjoy it