My husband and I just turned 50 and had our first meeting with a financial adviser. He insisted we include two full state pensions in his modelling. I’m sceptical, especially now the triple lock is coming to an end.
We are likely to be higher rate taxpayers when we reach state pension age but, given the shape of the nation’s finances, I find it hard to believe the state pension will still be a universal benefit at its current level. We could assume we won’t get any state pension, but that runs the risk of us over-saving (and working) to achieve
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