Retirement Age
Retirement Age
Out of context: Reply #10
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- lowimpakt0
"If the retirement age does not rise, state pensions spending or private savings will have to rise by £57bn a year, the report says, to keep pensioners' living standards at current levels.
However, if taxes or savings or savings remain the same, the average retirement age will have to rise to nearly 70 to maintain pensioner living standards. "