When do you think you'll get your pension?

So the pension age is set to rise to 66 in 2012, but the reality is, it will have to go much further to pay for our longer living and growing elderly population.

BBC News - Pension age: Ministers to speed up rise to 66

Realistically if you're in your 40's now, you will be 70 before you get a state pension. So if the stats are to believed and you are Mr and Mrs average, that'll give us blokes 7 years to do some travelling, the odd cruise before you croak, and the missus gets another 4 years to spend the kids inheritance.

But none of this should be a great shock, so is this a good thing or bad? Or are you not bothered and looking at releasing house equity/sale of business/investments/savings or company dividiends to pay for your old age?

I suspect business owners are probarbly less bothered than the majority of society, but it is certainly going to affect a lot of people.

Maybe we take it further and make private pensions compulsory for certain salary thresholds, contracting out and reducing the responsibility and burden on the state?

Ever the controversial, but food for thought.