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Should we raise state pension age or axe the triple lock?

Should we raise state pension age or axe the triple lock?

Published 1 week ago
Description

The rise in the state pension age looks likely to speed up again, as it was revealed this week that the Government has already been banking the gains.

It is now almost certain that the state pension age will rise to 68 between 2037 and 2039, seven years earlier than the official timetable.

But will it have to go up again and when? And is a further rise fair when life expectancy has stalled and it's the triple lock that's driving up costs?

On this episode of the This is Money Podcast, Georgie Frost, Lee Boyce and Simon Lambert discuss the state pension, when you might get it and whether it's time for a rethink. Plus, how can you bridge the gap if you want to retire earlier by saving more yourself?

Simon also explains how you can track down any old work pensions and get them working much harder for you.

Lee discusses why it is taking so long to buy and sell homes and what can be done.

And finally, in the week that SpaceX shares slipped below their IPO price, Simon reveals that he did what he said he was going to do and spent his IPO profits on a weekend away - but how much extra did he have to chip in?

Listen to the podcast, tell us your thoughts at podcast@thisismoney.co.uk, and don't forget to subscribe.

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Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost


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