A big part of the retirement planning process, is being aware of what your UK State Pension Age is. At Churchill Retirement Living, we recognise that the state pension is something which many people clearly rely on as part of their finances during their later years, and is also one of the most important factors to keep in mind when planning out your retirement.
However, you may have noticed that the state pension age has recently increased, from 65 to 66 for both men and women, off the back of a series of gradual increases to the state pension age that began with the State Pensions Act in 2011. This is a change which could have a significant impact on your plans for retirement.
Our PR and Communications manager, Ian Payne, recently wrote a blog article on Medium; Churchill Retirement Living: The Rising UK State Pension Age, which explores the motivations behind the changing state pension age, how you can find out what your new state pension age is and some helpful information on what you can expect from the future, concerning any planned changes in the future.