YOU HAVE YOUR SAY
EVERY week Money Mail receives hundreds of your letters and emails about our stories. Here are some about the over-50s who are setting up businesses: I USED to work for six or seven days a week and I had no intention of doing anything once I retired. Governments are always moving the goalposts so they don’t have to pay our pensions.
G. J., Hatfield, Herts. YOU can earn up to £12,500 taxfree, so it’s well worth starting your own business if you have the opportunity to do so. If it is a hobby anyway, then what have you got to lose by dipping your toe in?
N. N., Liverpool. I HAVE a few hobbies, and even now I’m retired there is never enough time in the day to do them all. I have four or five projects on the go at the moment and the only problem I have is deciding what to do first.
P. D., Grimsby, Lincolnshire. IF YOU have a job that involves high levels of stress and long working hours then you may not benefit from staying in work. But boredom is bad for psychological well-being and some jobs are more relaxed and can be done in later life.
P. S., Darwen, Lancs. I’VE been retired for five years. My job was my world and I worked all hours. But I have now lost all motivation. I would never want to work again, even if it meant existing on baked beans.
F. A., Bournemouth, Dorset. MY ADVICE is to find a hobby that pays. You can have fun and make a bit extra at car boot sales, online and in auction rooms. You can easily earn an extra £100 per week and meet some new people.
P.D., via email. MAKE sure you don’t throw your 25 pc lump sum down the drain on an ill-considered idea. Enjoy your pension and take holidays. You don’t need to endure the stress of running a business.
F. H., Garstang, Lancs. WRITE to Tony Hazell at Ask Tony, Money Mail, Northcliffe House, 2 Derry Street, London W8 5TT or email asktony@dailymail.co.uk — please include your daytime phone number, postal address and a separate note addressed to the offending organisation giving them permission to talk to Tony Hazell. We regret we cannot reply to individual letters. Please do not send original documents as we cannot take responsibility for them. No legal responsibility can be accepted by the Daily Mail for answers given.