Although not enough for an extravagant retirement, the State Pension is still a useful addition to your retirement income, and something you earn the right to after years of work.
When I come to build a retirement plan for a client I find that the State Pension income they are due to receive is different to others nearly every time.
If you are receiving your State Pension now or have seen what you are due to receive in the near future, you may be surprised when you compare it to a friend.
Your friend may receive or be due more than you even if you have worked and paid National Insurance Contributions for longer.
Here is probably why.… Continue Reading