Various surveys in recent times have revealed that most people don’t mind the idea of working past the current state pension age of 65. I’m afraid I’m not one of them, which is why I save as much as I can afford to bring my retirement age forward. I’d rather go travelling.
Not that the current state pension is much to write home about anyway at just £84.25 a week. That’s all set to change with the announcement in the Queen’s Speech of a radical overhaul of a state pension scheme that has been tinkered with endlessly since its introduction in the 1940s and is now inadequate on its own to meet the financial needs of the growing army of pensioners….
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