DAVE RAMSEY, the American personal finance personality, reassured a caller that she “will be okay” if she follows his guidance and continues working until she is 75. At 59, Mary has no retirement savings, and has just sold her house. She wanted to know if putting her money in investments will be able to secure her a comfortable future.
WASPI WOMAN Elizabeth Latham has been scraping by on her meagre savings for three years due to the State Pension age increase for women. She cannot work due to serious health problems but doesn’t get a penny in sickness benefits. “I’ve been in awful pain and life is a struggle,” she said.
STATE PENSION worries have been expressed by one woman born in the 1950s, who has said she is concerned about working on until the increased state pension age, having had her eligibility changed from 60 – the point she was expecting to retire at for a number of years.