Timeline for "pensioner" vs "retired person" Aren't they overlapping? Really, who is who?
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| Apr 9, 2023 at 11:42 | comment | added | Graham | It's less common, but I wouldn't call it rare. Many boomers were able to take advantage of economic conditions over their lives to build up savings and investments which have let them take early retirement, before their pension funds would mature or the state pension would become available. My parents managed this - with a reasonable salary to be sure, but only around 75th centile, not anything spectacular. With the economics of the 80s and 90s, it was within reach of most middle-management on a reasonable white-collar salary if they were frugal. These days of course, not so much! | |
| Apr 7, 2023 at 2:18 | history | answered | Davislor | CC BY-SA 4.0 |