State Pension age increased to 66 on October 6, new research has revealed that over two million working Brits don’t think they will ever be able to afford to retire.
The UK-wide poll, conducted by the personal finance experts at money.co.uk, also found that 3.5million Brits felt they would be working until they were at least 71. Top 10 cities where workers won’t retire until they are over 71:BrightonNewcastleManchesterNorwichBirminghamGlasgowSouthamptonPlymouthSheffieldNottingham In addition, 80 per cent said they were not banking on claiming a State Pension and had taken out personal pensions to be able to afford to live once they eventually stopped working.
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