Retirement age rise: Experts warn state pension age may need to rise to 71 in the near future

  • 8 months ago
What age do you think is the perfect time to retire? Well it's been predicted that the state pension age will need to rise, meaning workers will need to hold off on their retirement plans until as old as seventy one, according to experts. But what do you think? We sent our camera crews out around the country to find out.

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00:00 As for the retirement age, I don't know why they should have to keep bringing it up, raising
00:07 the age, right, because by the time people reach that age, right, most of them are not
00:12 going to make it. You know, they just, they just pass away. Or it's too much stress in
00:18 the world today.
00:19 I'm 79. I worked until I was 75. And if I hadn't been forcibly retired with my business
00:28 being sold from under my feet, I would have probably still been working now. You know,
00:35 65, when I was a youngster, you were old. People were old. But 65 now, no, I think it's
00:45 a very, very good idea.
00:47 I think it will be terrible for some professions. Some people don't really want to give up work,
00:52 and that's fine. But I was a primary school teacher, I wouldn't want to be crawling around
00:58 on the floor at 71. So I think it's very unfair.
01:04 Of course it is a bad move. It's an awful move. It's terrible. You should get a lot
01:09 of people, you should get everyone, old people should be able to retire a lot earlier. And
01:13 then it's going to free up a lot more vacancies for a lot more other people to be able to
01:16 do these jobs. And then we can actually look after old people properly. Obviously, it's
01:21 tricky. They might want to raise the retirement age because then they'd have to pay for care
01:25 homes or that kind of thing. But it's insane.
01:28 Currently, I think it's 67. And I'm like 39. I'm thinking that I will be working 24 or
01:35 25 more years. And then even on top of that, extra four. No, that's going to have a huge
01:41 impact, I think, in people's life.
01:42 Well, having just hit the current retirement age myself last December, which is 66 at the
01:47 moment, I'm now in a quandary whether to retire or not because of the cost of living increase.
01:53 A lot of people are being forced to stay on in any case. So maybe this projected rise
01:59 in the retirement age might not have a big effect on people.
02:02 My mum, she's God bless her. She's like, she's 65, 60. She's out of the house years. She's
02:09 coming up to retirement, but 70 years old, 70 years of age, I don't know. I mean, can
02:13 people really do that? I don't know.
02:16 There's plenty of money about when they need it, like giving it to Ukraine, or helping
02:20 other people out as billions, and they get to the DUP in Northern Ireland. There's always
02:24 money there, but it's always a way of squeezing the people more who don't have money. And
02:29 things go up and up and up. And really, it's the way society is kind of arranged. And it's
02:34 a rigged system really against the people that are the poorest.
02:37 I think we should just be a bit more like France and maybe try and put our word in a
02:43 bit more because France seems to put the foot down and protest, but we just seem to say
02:49 okay.
02:51 I think that's a bit high. I think they're just trying to work us all to death and save
02:57 some money on pension, aren't they? Yeah. Basically all it is.
03:03 [BLANK_AUDIO]

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