So I’ve been looking into my pensions and I’m shocked to discover that the pension age for women is soon being raised to 68 from 66 and likewise the age to access the people’s pension is being raised to 57 from 55 in 2028. My questions are- how the hell can anyone plan for retirement when the government seem to shift the goalposts every few years and secondly why isn’t there more outrage about this? I know people are living longer but a lot of people can become quite frail in their 70’s and more likely to have health issues- in which case it gives people about 5 years- 10 years tops to enjoy their retirement (I realise this is a generalisation and not true for everyone).
How does everyone else feel about this and how are you preparing for retirement? It scares me that I might have to work until I’m 68.