Notice handed in!

Aug 07, 2017

Last week two things happened almost simultaneously that really made me smile.

My phone beeped to confirm I had a text.

The text was from a client and it read “Notice handed in!”

I looked at my computer screen and I had an email telling me “The rise in the state pension age from 67 to 68 will be brought forward, it has just been announced in Parliament.”

The client’s retiring early, aged 56. She has enough and has had enough.

The rise in state pension age will affect those of us who are between 40-45.

(I say “us”, because that includes me!)

Before the announcement, we’d reach state pension age at 67, but now it’ll be 68.

But here’s the reality:

It’s been a pretty long time since I counted state pensions in my family’s future planning.

Frankly, if I get there (and I hope to!) then I won’t be relying on the state pension.

And by that time, I could have to wait until I am 70 anyway.

For the clients I’m working with now, state pensions form an important and often integral part of their planning.

For future generations, they may need to do a bit more planning before they can hand their notices in.


Category: Financial Planning

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