retirement age – pensionsandsavings.com

A wake-up call to embrace benefits of saving and working longer

December 17, 2013 Ros Altmann Comments 0 Comment

17 December 2013 IFS study is a wake-up call to embrace benefits of saving and working longer Headlines of younger generations being much worse off than previous generations are too negative IFS shows younger cohorts were much better off earlier in their lives but spent rather than saved – as economy picks up they can rethink their lives IFS report shows lower incomes for younger generations partly result from failure to save: Today’s IFS report has led to dire warnings that…

Rising state pension age is not a penalty on the young

December 5, 2013 Ros Altmann Comments 1 comment

5 December 2013 Rising state pension age is not a penalty on the young – it’s an opportunity to embrace a new type of retirement Retirement needs to change – it is not an aspiration to live on a state pension for over 30 years! There is much angst this morning about the Chancellor’s suggestion of increasing state pension ages for younger generations. Quite frankly, the concerns seem based on out of date ideas about the nature of state pensions and retirement. …