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Toggle the table of contents. Retirement age. 18 languages. ... State pension age increased to 66 in 2020, and will go up to 67 by 2028, [93] and to 68 by 2037. [94]
However, when the Conservative and Liberal Democrat coalition took power, the Pensions Act 2011 [15] accelerated the rise of the state pension age to 66 for both men and women by 6 October 2020. [16] Under the Pensions Act 2014, the coalition government again accelerated the rise in the state pension age to 67 by 6 April 2028. [17]
The Act amended the timetable for increasing the state pension age to 66. Under the Pensions Act 2007, the increase to 66 was due to take effect between 2024 and 2026. This Act brought forward the increase, so that state pension age for both men and women began rising from 65 in December 2018 and reached 66 in October 2020.
Methodology: GOBankingRates looked at the average retirement age in every state, as reported by Money Talk News on Sep. 29, 2019, using data from the U.S. Census Bureau’s latest American ...
Retiring early seems to be on everyone's minds these days. The growing popularity of the so-called FIRE movement -- short for financial independence, retire early -- is a testament to how much...
The good news is that in many U.S. states, what most people would call an “early” retirement is within reach. Learn more about when most people retire in your state.
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