Re: A small contribution to countries' Covid-19 costs...
Demanding more and more money to buy things you don't need is not normal.
Agreed. I long ago stopped working longer or harder for more money as the tax system is too great a disincentive once you hit the 67% rate due to tax allowance withdrawal.
Most people that earn good money don't spend it all buying things they don't need, they spend it buying assets to produce a passive income so they can one day retire and still buy the things they need. Most people in the private sector don't have access to a gold plated risk free final salary pension scheme or even a career average one.
To make the same pension a retired head teacher gets requires buying a massive amount of shares each year - truly eye watering amounts in fact. You need to build a pot of about £2 million to achieve the same thing. It's about £1000 per month net of taxes for 40 years. It won't fit into a private pension pot so you're going to need to save more than that due to being taxed on the second half of the sum.
You're assuming greed where you should be seeing prudent retirement planning.
Biting the hand that feeds IT
