Average retirement age hits record high in UK
The average age at which people retire in the UK has reached a record high, according to recent data. This trend is linked to the rising state pension age.
Why it matters
Those nearing retirement may need to work longer, but eligibility and conditions vary by individual circumstances.
retirement age details
The average retirement age has increased to 66.5 years, up from 65.5 years in 2020.
Sources
- Does a rising state pension age mean you'll need to keep working? By Holly Lanyon, Which? News · which.co.uk
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