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Dad wants to retire, bit sudden what do we need to know?
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Many people don't know they can get a pension forecast and some don't know that they will still get a State Pension, even though they have an Occupational one.
So I think Ed's link is always relevant.(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
seven-day-weekend wrote: »Many people don't know they can get a pension forecast and some don't know that they will still get a State Pension, even though they have an Occupational one.
Another thing some people haven't realised is that there are 2 state pensions - the basic and the S2P.Some people's S2P will double the basic, which can make a very significant difference to their retirement finances.
The only way to find out about S2P (formerly known as SERPS) is to get a pension forecast.Trying to keep it simple...
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