While many of us have visions of retiring early and jetting abroad to spend the rest of our days on a private island (just me?), it's likely that the vast majority of us won't really be able to, particularly if we're only relying on the state-funded pension or have high living costs. Not only that, but the age at which people can start receiving their state pension is rising, with more changes in the coming years. It's perhaps for this reason that many, particularly young people, are unaware of what the actual age is.

The Times reported that only 13 per cent of Gen Z folks (i.e. people between the ages of 18 to 28) recently surveyed knew the correct answer when asked what the state pension age in the UK is. The publication also states that Standard Life found in their research that

See Full Page