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When will you be able to retire... and will it be with a state pension?
A stark warning has been sounded that the state pension age could have to rise to 74 for those under-30s.
The Institute for Fiscal Studies' pronouncement in the same week that the government announced a state pension review set the cat amongst the pensions.
But would Labour - or any party - really hike the state pension age that high? Wouldn't it be political suicide and spark protests in the street?
The IFS warning hinged around the triple lock and balancing the books, but it's clear that the risk of the state pension age rising from its current timetable's maximum 68 is high.
On this episode of the This is Money podcast, Georgie Frost, Helen Crane and Simon Lambert, discuss what could happen to the state pension, when we might be able to retire and what we all need to do to get there.
Pension saving is also under the spotlight and the team discuss how to make the most of your work scheme or a Sipp.
Plus, a double tax hit on inheritances is on the way, as pensions are pulled into the net. Does the government need to change tack rather than plough on with a levy that will reach 64 per cent for many affected?
The FTSE 100 finally broke through 9,000 this week, is 10,000 on the cards and why is the UK stock market doing well?
And finally, buy and hold is the traditional investment mantra, so why does one bitcoin expert say you shouldn't do that and should trade it instead?
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By This is Money
3.9
1010 ratings
A stark warning has been sounded that the state pension age could have to rise to 74 for those under-30s.
The Institute for Fiscal Studies' pronouncement in the same week that the government announced a state pension review set the cat amongst the pensions.
But would Labour - or any party - really hike the state pension age that high? Wouldn't it be political suicide and spark protests in the street?
The IFS warning hinged around the triple lock and balancing the books, but it's clear that the risk of the state pension age rising from its current timetable's maximum 68 is high.
On this episode of the This is Money podcast, Georgie Frost, Helen Crane and Simon Lambert, discuss what could happen to the state pension, when we might be able to retire and what we all need to do to get there.
Pension saving is also under the spotlight and the team discuss how to make the most of your work scheme or a Sipp.
Plus, a double tax hit on inheritances is on the way, as pensions are pulled into the net. Does the government need to change tack rather than plough on with a levy that will reach 64 per cent for many affected?
The FTSE 100 finally broke through 9,000 this week, is 10,000 on the cards and why is the UK stock market doing well?
And finally, buy and hold is the traditional investment mantra, so why does one bitcoin expert say you shouldn't do that and should trade it instead?
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