Saving into a pension may sound daunting. Last year, consumer group Which? revealed that 51% of people yet to retire weren’t sure how much money they’d need for a ‘comfortable’ retirement. Thankfully, ...
I regularly see articles stating how much someone should have saved, based on their age at retirement, to last them the rest of their life. I was fortunate enough to belong to a defined-benefit state ...
The maximum private sector traditional pension amount insured by the federal government will increase to $55,840.92 in 2012 for 65-year-old retirees, up from $54,000 in 2011. This is the first ...
THOUSANDS of pensioners will be worse off next year, even if the state pension rises by £562, experts have warned. Under the triple lock, the state pension rises in line with July’s wage growth, ...
People are living longer due to improvements in lifestyles and healthcare, but this longevity brings new challenges when it comes to financial planning. Office for National Statistics figures show ...
The age bracket which stands to lose out the most from potential changes to the state pension age has been revealed after Labour’s recently announced review into the current age of retirement.
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