If you were born in 1973 or thereafter, you’ll have to wait another two years before you can get your hands on your personal pension fund and, of course, another ten to get your state pension. The idea is to ‘encourage individuals to remain in work’. Doubt that generation will have much choice. They’re unlikely to have the final salary pensions enjoyed by their Baby Boomer parents and will probs have had to shell out for their own kids house deposits and uni fees. Apparently, though, working until you drop does mean you drop later. So that’s good, isn’t it?
“Why you should never retire”
On my 50th birthday, I will always remember, amongst the card or two I received was a letter from Saga’ who’d managed to find out my age through the wonder of the internet, and were pleased to tell me I now qualified to join my parents and go on holiday with them.
