I realise this sounds both controversial and the opposite of our usual encouragement to boost your pension saving, but bear with me.
Moving the goalposts: You can currently get at a pension at 55, but that's due to rise to 57 and could keep going up with the state pension ageIdeally, I’d like to retire before then – or at least have the option to. My dad died a decade ago, aged just 66, a couple of years after he retired. That focussed my mind on hopefully being able to stop working before my official retirement age.
But while savers can currently access their work or personal pension from the age of 55, I’ll probably have to wait until I am 58. I’d like to think the threat of a major backlash would mean politicians wouldn’t suddenly whack up both the state pension age and when we can access our pension savings, but it could happen.
For example, the triple lock has improved the state pension for those being paid it now but increased the chance that those of us who are working and paying for those pensions will have to work longer.
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