Home Money Could you still retire in your 60s if the state pension age rose to 71? LUNCH MONEY

Could you still retire in your 60s if the state pension age rose to 71? LUNCH MONEY

by Elijah
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Could you still retire in your 60s if the state pension age rose to 71? LUNCH MONEY


Today’s workers may have to wait longer to retire, and that’s bad news for those in their 30s and 40s.

But why did the influential International Longevity Center think tank say the state pension age may need to rise from 66 to 71?

Survey

Could you retire at age 60 if the state retirement age was 71?

  • Yeah 478 votes
  • No 687 votes
  • I’m already retired 323 votes

In this episode of Lunch Money, Helen Crane and Simon Lambert look at whether retirement is on the way out, what state pension age increases are already due and whether this is a warning to people that they will have to save more if they do. they want it. retire at 60 years old.

We also look at why many people say their property is their pension.

Oil giant BP revealed today that its profits had fallen, but still managed to beat expectations, sending shares higher.

Interactive Investor’s Richard Hunter looks at how BP is doing, whether it’s still committed to its green revolution, and how the market views its great dividend stock.

> Watch Lunch Money on YouTube

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