How long you'll have to wait before you retire

It's no secret that people nowadays have to wait longer before they can retire.

Currently, the state pension age (the earliest you can begin claiming the state pension) is 66. However, this will rise to 67 by 2028 and 68 by 2046.

The increase in pension age has been justified by a rise in life expectancy and expected rises in the future. A review in 2017 argued the retirement age should be increased to 68 by 2039.

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For now, anyone born before April 6, 1960 who is able to work will be able to retire on their 66th birthday. Anyone born between then and April 5, 1977 will see their state pension age rise to 67 while anyone born after will see a rise to 68.

To find out how long you have let until your able to retire, and what the equivalent day of the week your working life is, try our pensions calculator.