Hindsight
Member
- Location
- Lincolnshire
Baling out
- Thread starter Walterp
- Start date
glasshouse
Member
- Location
- lothians
Nah, thats a pommie thing, we always have a kitty.
glasshouse
Member
- Location
- lothians
just a rocker then?
Hilly
Member
- Location
- Scottish Borders.
Aye so when your all pished the kitty holder bails out ..........wi the remainder o the kitty ... bloody scots tight gits ha
Everybody around here wants to be a farmer.......except the farmers sons. Going to be a big change in who farms the land, as nearly every son does not want to, I’m certainly trying to discourage mine wether rightly or wrongly.
Goweresque
Member
- Location
- North Wilts
Retained benefit. Big no no in IHT planning terms. If you give the house away but continue to live in it rent free the gift is considered invalid for IHT purposes, for example. Any continued occupation/use of given away assets has to be at market rents.
Farfrae
Member
- Location
- Pontargothi, Carmarthenshire
I left (only child) the family owned farm at 21 with nothing. My father never spoke to me again.
I have had a pretty interesting life (night school. university, local government, my own business). Retired at 55 and bought a smallholding, travel abroad in the winter, stay at home, festivals, europe in the camper van in the summer.
Developed much wider interests than if I stayed farming all my life (as some here will attest by my forum postings).
Encourage your children to do what THEY want, keep the farming options open if they may want to do it at some stage but in any event talk with them (not 'at them').
We're only here for a short spell, so live your life to the full whether that's farming or something else. Our graves are all the same size and we're a long time dead.
4course
Member
- Location
- north yorks
I have no intention of retiring from farming even though im almost at retirement age , it has been my lifes work which like many on here has been hard,challenging, and at times stressful but also a fulfilling lifestyle( possibly the overnight rain has lifted my spirits) , but I have every intention and am doing it , of becoming the lad and giving others younger and fitter the chance so I can go off doing other fun things . and on farm go round poking things with a stick offering sage advice. In fact my next 10 mins will be spent looking for next years ski hol
Couldn’t agree more, my family are not farmers and my brother is on his third holiday of this summer and will retire at an age I could only dream of. My admittedly warped logic is that if my son is so keen that I can’t discourage him, then he will make it in this industry and I will help him all the way. Similarly if he decides it’s not for him, I’ll support him the same. Trick will be to get a good education which will hopefully give him options.
To be fair I wouldn’t mind going around in my old age poking things with a stick and saying I wouldn’t do it like that......whilst the next generation mutters f**k off you old fart
Hilly
Member
- Location
- Scottish Borders.
My oldest has just left school and got a job out of farming, thank god one fekd up industry this is wich would seem little desire too change from within anyway, i suspect the changes will be forced upon it.
I’m very often struck by, amazed by, and inspired by the number of farmers, and others in and around the farm business, like truck drivers, small farm supply business owners, jobbers etc, who soldier on way past their 65th.
Some may have some private pension income stream (many don’t), plus the state pension.
Many, indeed most, are just happy going about their daily chores. No time to dwell on old age, or aching bones, or such things.
I’m convinced this “idyllic retirement” idea, is a poor relation of the busy old boys and girls, out and about, with a smile on the face and a sharp wit with many.
One, at 72 years of age dropped a few bales of straw at my place this morning before 9 o’clock. He had driven about 80 miles at that stage, had two more drops to do, and was headed then to a cattle mart on the way home......
Some may have some private pension income stream (many don’t), plus the state pension.
Many, indeed most, are just happy going about their daily chores. No time to dwell on old age, or aching bones, or such things.
I’m convinced this “idyllic retirement” idea, is a poor relation of the busy old boys and girls, out and about, with a smile on the face and a sharp wit with many.
One, at 72 years of age dropped a few bales of straw at my place this morning before 9 o’clock. He had driven about 80 miles at that stage, had two more drops to do, and was headed then to a cattle mart on the way home......
- Location
- Bury St Edmunds, Suffolk
Shamelessly lifted from Wiki, but may go some way to understanding why some people prefer not to retire.
According to the Mental Health Foundation, one in five of present-day retirees experiences depression. Those living alone because of bereavement or divorce are more at risk. Physical health problems can also make people more vulnerable to mental health issues. Recent studies have indicated that "retirement increases the chances of suffering from clinical depression by around 40 percent, and of having at least one diagnosed physical illness by 60 percent"[14] On the other hand, many workers have adopted scaling back on their jobs at around 55 or 60, or even changing careers, but still working for 15-20 more years.[15]
According to the Mental Health Foundation, one in five of present-day retirees experiences depression. Those living alone because of bereavement or divorce are more at risk. Physical health problems can also make people more vulnerable to mental health issues. Recent studies have indicated that "retirement increases the chances of suffering from clinical depression by around 40 percent, and of having at least one diagnosed physical illness by 60 percent"[14] On the other hand, many workers have adopted scaling back on their jobs at around 55 or 60, or even changing careers, but still working for 15-20 more years.[15]
glasshouse
Member
- Location
- lothians
They would only do that once.
Hilly
Member
- Location
- Scottish Borders.
wasted years
Member
- Location
- Cumbrian born and bread
If you look like Lemmy there is a vacancy in Motorhead.
ollie989898
Member
For a bloke that is so clever and has so much cash, why the hell does he spend his time on TFF basically whinging at how thick the rest of us are?
As for me, provided my health stands up to it, I have no intention of retiring at 65. My father is partially retired and all he does is drive my mother nuts and fudge about all day.
As for me, provided my health stands up to it, I have no intention of retiring at 65. My father is partially retired and all he does is drive my mother nuts and fudge about all day.
- Location
- Fife
That’s not because he loves the job. The guy in question has 2 ex wives to pay for. And the 30 something current wife (former hostie) has recently had twins.
ollie989898
Member
If he has that much energy then flying a plane must be a doddle.