Ep 513 - State Pension Warning, 30% Water Bill Rise & DaMoney Data Revealed

In this week's episode, Damien discusses the sustainability of the UK state pension, explaining why younger generations are likely to experience significant increases in state pension age.

Damien and Andy then discuss the likely 30% increase in water bills over the next five years due to necessary infrastructure upgrades and what you can do to combat the rise.

Finally, having answered over 3,000 questions in its first week, Damien reveals the most popular topics being answered by DaMoney, our purpose-built AI guidance engine.

Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast article⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on the Money to the Masses website to see the full list of resources from this week's show

(00:00) - Money to the Masses Podcast Episode 513

(02:58) - Overview of the UK state pension system, eligibility, sustainability concerns, the triple lock, and future projections

(10:54) - Planning for retirement, checking your state pension age, and filling National Insurance gaps

(12:38) - Retirement planning tips

(15:51) - Water Bills: Why Are They Rising and What Can You Do?

(19:38) - Reducing water usage, seeking support if struggling to pay

(24:01) - DaMoney (our AI guidance tool) Overview of the most popular topics and questions asked by users

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Links referred to in the podcast:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

• The future of the state pension by the IFS
• Government revives the Pension Commission
• Will you get a state pension?
• How much is the state pension?
• The state pension triple lock explained
• How to fill gaps in your National Insurance record
• Half of Over 40s' vote influenced by triple lock commitment - According to the FT
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