101. Your Guide to the State Pension

Women & Money Cafe

In this episode of Women & Money Cafe, Michelle and Julie dive into the topic of the state pension. You might have written the state pension off. Don't! It's a lot more valuable than you realise. We'll be breaking it down to help you understand its importance and how it fits into your retirement plan. No more confusion or uncertainty, just clear and valuable information.
Topics Covered:
- Overview of the state pension system before and after the April 2016 reforms
- Accumulating National Insurance credits and qualifying years for a full state pension
- Converting previous pension entitlements to the new state pension
- The current state pension age and potential changes depending on your age
- The significance of the state pension as a foundational element in retirement planning
- Understanding the impact of inflation and the triple lock on state pension increases
- How knowing your state pension entitlement helps in determining your retirement income
- The value of National Insurance contributions in building future income
Resources:
- Julie's guide to the state pension (if the link doesn't work drop me an email [e-mail])
- State Pension Forecast: Log in screen for forecast
- BR19: PDF to request state pension forecast by post

- Government Gateway ID: Obtain your state pension details by logging into the Government Gateway portal.
- National Insurance Contributions: Learn how your contributions play a vital role in securing your state pension.

- Triple Lock Mechanism: Understand the benefits of the triple lock and its influence on state pension growth.

YOUR HOST

Julie Flynn is an experienced independent financial adviser and financial coach. Justice and equality drive Julie. Which is why she’s spent years studying and researching how stress affects our financial decision making.

Julie is best known for her work with women who have lost their partner and coaching financial services business who want to implement fair and transparent charges.
Ebb & Flow Financial Coaching | Bree Wealth & Tax | Instagram
CO-HOSTS
Michelle Lambell started her career in financial services as a Stockbroker in 1999 undertaking both advisory and discretionary investment management. Today she is a Chartered Financial Planner, specialising in retirement planning advice, pensions and investments and a Certified Financial Coach.

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