State pension vs Private pension

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Nuts About Money

Nuts About Money

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In a nutshell: what's the difference between the State Pension and a private pension? Learn more: State Pension vs private pension www.nutsaboutm...
You’ll likely need both types of pensions for retirement (the State Pension and a private pension).
The State Pension is the pension you’ll get from the government when you reach State Pension age (currently 66 but rising to 68 in future).
And a private pension is one you pay into yourself, through your job, or by setting one up yourself, or both (recommended) - it’s pretty essential to build up a big private pension for a comfortable retirement these days.
Find out your State Pension age: State Pension age calculator www.nutsaboutm...
Find out how much you'll need in retirement: Pension calculator www.nutsaboutm...
Private pensions top picks: www.nutsaboutm...

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