Gen Z could lose out on £69,900 in state pension after it is hiked to 68, a new study shows.
The state pension age is already on the rise from 66 to 67, as extra months are being added gradually between now and spring 2028.
It’s meant to rise again to 68 between 2044 and 2046, which would affect those born on or after April 1977 – but that change could easily be brought forward by the Government.
‘For someone aged 25 today, this could mean missing out on up to two full years of state pension payments, worth around £69,900,’ says wealth
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