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State Pension at 68 by 2027?

Pension experts are warning that the latest life expectancy calculations could lead the way for the state pension to hit 68 as early as 2027.

The newly revised numbers, from the Office for National Statistics, show that life expectancy is rising for the general population by one year every four. Experts are worried that this new information could cause the government to scrap their already accelerated plan to raise the state pension age to 68 by 2046.

The concerns are heightened as David Cameron and other prominent policymakers have recently made statements about austerity leading the way to prosperity. Experts warn that as state benefits come under pressure, it is important for the public to be prepared for the worst by saving privately.

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