The UK state pension isn’t available to everyone in retirement. The pension pot you get depends on qualifying years and retire age is set by the government. We need to understand our UK pension to in order to properly plan for when we stop working.
In this video we will answer questions like…
Will I get a state pension?
How much state pension will I get?
When can I take my state pension?
How do I ensure I get the full state pension?
what is the triple lock?
What are qualifying years?
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Thanks for watching
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What if you you where born 1960
Just came across your YouTube clip but you may not be aware that there is a shortfall in state pension amounts for people who work for governments in this like the Civil Service NHS and Prison service there may be others but those three I am definitely aware of that they were contracted out and that there was a shortfall. When I checked my state pension a few years ago
It said I had 35 years when I checked by contacting them I was told I have to make up years to get tbe current state pension rate or when I do reach retiring age I would only get 90 pounds per week wow.
Some years you can make up others you can not or if you do it does not count.
People should demand not less than EU per week.. We joined as comparable to Germany £538pw n France.£486 tbc.. We pay foreigners with negative input a pension. We do not work 35-38hr week UK as EU does?!
EU Gets 6-10weeks holiday pa
UK mostly stopped 40yrs at 28 days pa so overall UK earned those pensions at 60
When are 1950 waspi women going to be compensated. .never notified by dwp pensions of change why has government not increased pension to same as EU approx £538per week..
Why are same 1950 onward service women not getting contributions for military pension. Know fact carer pension not enhanced by role.
Why pay pensions to migrants n ppl who came by pension little or no input. Unfair on life time givers.
Its the worst investment of money.
Because pension were frozen many time why is all that theft not unravelled to bring their triple lock up to true value. If Canada buys Bristol Airport car park and aggressively collects parking fees.for sole purpose of Canadian pension pot what schemes has our government done to increase British pensions.
How do you mean we should take it as it comes! we paid our taxes for this !
what are they done with all the taxes that we paid for our pensions .
the government aren't giving us this money! we've paid into a pension scheme
,
What about people born befor April 6 1970!
I was born in 1958 3 April I don't receive any moneys from anyone!
When will I get my pension? I have paid all stamps and worke from the age of 16
And paid all taxes!
I have come to realize that as a beginner you will achieve close to nothing investing in the vast stock market all on your own, that's why there are professional stockbrokers and account managers to assist beginners to achieve their financial and stock investment goals.
I don't know who really needs to hear this, you have to stop hoping on your savings bailing you out in the long-term. Invest some of it, if you really want financial freedom
According to the Money Saving Expert, it's more likely to be at least FORTY years' worth of contributions.
Eff retiring at 68. We'll be LUCKY if we retire at 70 when it inevitably goes up again. 75 more-like, at this rate.
Analysis indicates Britain already has one of the worst provisions in the developed world.
Of the 36 (yes 36) countries in the Organisation for Economic Co-operation and Development, which includes America, Australia, Canada and major European nations, the UK's state pension ranks Bottom, (YES BOTTOM)
UK pensions typically have a post-retirement income of approximately 28 percent of their earnings according to the research.
Whilst the Tories have apparently gone back on their election pledge not to remove the treble lock on pensions, which now puts Britain pensioners in an even worse financial state than ever before.
Can you, as a British OAP actually vote for a Tory party that allows this disgrace and quite frankly, an abuse and insult to the pensioners that actually go out and vote for these parasites., who actually demand a 20 percent pay increase year in, year out.
I worked long hours for 50yr years and paid into a works pension because I did I get less of a government pension than someone who never be bothered to get off their arse to get a job
Perhaps someone can explain to me why, after paying my NI and tax for nearly 45 years, I don't get any annual pension increases because I now live outside the UK. I don't use the NHS or have any other benefits, I have private medical insurance which does not recharge the NHS. My pension is fixed at what it was when I left the UK. This is a rip-off, legalised robbery.
Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy…
The State Pension is less than the Living wage. So, the State Pension is a dying wage! Our State Pension is the lowest of all developed nations. The Government cannot afford to raise the UK State Pension immediately so they set out to raise it slowly by introducing the triple lock. Only the Tories would …. Well they will not win the next election by employing starvation tactics, will they – Senior Citizens unite!!
If you are a grandparent or adult and look after your grandchildren or a child under twelve, and you haven’t enough NI credits, you can apply for National Insurance Credits. The form you will need is the Application for Specified Adult Childcare Credits (CA9176)
Successful people don't become that way over night ,most people sees it as a glance wealth,a great career,purpose is as a result of hard work and hustle over time,
I pray that anyone who reads this will be successful in life
What if you haven't paid the minimum ni contributions? Can you get anything like universal Credit?
Very well said, your presentation is quite outstanding and easy to comprehend, there is a lot going on in the world now which will eventually affect the future either positively or negatively thereby causing an increase or decrease in the financial market, in order not to fall victim now is the time to start investing to secure your future
I’m currently building my finance and increasing my portfolio in the mean time
I read somewhere that you can pay £800 to the Government as a one off payment and in return you will get £5000 back spread out over the course of your retirement. Is this correct?
However less if done agency up and down work its up and down your nation insurance
No one knows what health will be when 60 to 70
Harder to get full time job when 53 and less jobs
Well somebodys got to pay for yhe hundred a day that arrive in a dinghy
It's 100 percent going to be means-tested, before the pandemic minister's said it would have to change within 15 year's, that was before the cost of COVID. I'm a manual worker with no formal education and I know that
Not enough if your English pensioners. Great video. It cost the Tory party big time Thomas. Liberal Democrats politically Max Fosh saved them he cared about England, English pensioners.
Great to see your updated accurate info in this Vid…✅