Paul how can I work for 35 years in a lucrative industry and still get welfare?
 

Anxiously waiting to hear the secret!

You pay in a huge sum over the years, with high wages/tax, employing people, selling and getting the sales tax added. Then at the end you get a pittance back. :(

Much better is to put money into various private pensions funds and invest in solid commodities with a long term plan.

Some welfare, like pension, invalid, medical aren't means tested. Yet to rely on these 100% when it's possible to add to them with private doctors and hospital plans is best. For instance, my doctor is private, so I don't wait and don't get a 10 minute slot to discuss my treatment. Recently had an operation in a private hospital, own room, toilet, bathroom, TV, etc. Eva still brought me my food, as I need a special diet and it;s best she or I cook it. They cook Czech food here and not suitable for me.

Also retirement pension here sucks. I think it's $300 a month. I'm on invalid pension and even the English one of $800 a month sucks. Now the EU had decided I should get the Czech one of $300. :disgust

So I advise you not to rely on Government welfare, it's only to keep the very poor from falling between the cracks. Invest in private pensions like I did and do it for at least 30 years as markets go up and down. Or buy something that never goes down, good plots of land.

So you lied when you said you had stopped getting that one?

(You should keep a little book with all your lies in so you remain consistent)

This is also a very good question. Let's face it this industry won't be as good as it was in the 1990s and 2000s, 20 years of great income. Which isn't going to be anywhere near as good for the next 20 years. So those around 40 has better have a good plan in place.

Are you putting money aside for a rainy day?
Will you be able to choose to retire and still have an income from a business, even if it is falling off.?
Will you have good pension plans with money coming in every month and not have to rely on the State.
And did you find enough to put aside into solid long term investments?

In 1977, I went as close to Bankruptcy as anyone will ever come. Then when the local authority closed me down, it was having money stuck away that allowed me to carry on. Those two incidents taught me a lot. Don't expect the good times to stay good. So I was a bit of a miser when Eva and I hit the good times and we saved it instead of blowing it away like so many here did.

If you never listen to anything I say, listen to this. Or regret it in the future.

Once spent, it doesn't come back.

Like I said still trickles in.

A screen grab if required is only a PS away.

It wasn't a serious question Paul.

Keeps coming

Can't close down the gold mine

Paul? You missed a question.

Sorry I can understand why you idiots fail to see what I meant.

Also retirement pension here sucks. I think it's $300 a month. I'm on invalid pension and even the English one of $800 a month sucks. Now the EU had decided I should get the Czech one of $300.

The EU decided I couldn't get them both and cut the UK one. I forgot to include the word "only"

My mistake, I have to remember I'm dealing with idiots here.

Yeah you change your stories and everyone else is the idiot.

epitome
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