State pension runs out for millions of Brits today - leaving OAPs without money
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manchestereveningnews.co.ukSign up to FREE email alerts from our Money Saving Club Newsletter From today, State Pension will run our for millions of Brits in the UK.
It means that many will have to find other sources of income to fill the gap. With a third of the year still to go, we have now reached the point in 2021 when the average retired pensioner couple will have already spent income equivalent to two full annual State Pensions.
This marks the arrival of State Pension Shortfall Day, according to analysis by retirement specialist Just Group, WalesOnline reports.
Two full State Pensions are equal to £18,680 a year and official figures show that the average annual spending for a two-person retired household is £28,064 (1). READ MORE: Aldi shoppers urged to bring
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