Money Box

Money Box Live: When Can You Retire?

Mar 13, 2024
The discussion dives into the financial realities of retirement, revealing that individuals may need an extra £8,000 annually for a comfortable lifestyle. There’s a debate on raising the state pension age to 71 by 2050. Personal experiences shine, from a 70-something worker to a super saver planning retirement in her 40s. Strategies for early retirement focus on disciplined saving and navigating job market challenges for older workers. The emotional and financial aspects of downsizing are also explored, showcasing the complex relationship with one's home.
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