State pension age increase may cause ‘problems and stress’ – what to do next | Personal Finance | Finance
Mr Eagling also said Britons should check whether they are eligible for any benefits.
He explained: “Pension Credit, which is a tax-free benefit for those over state pension age on a low income, is often overlooked, so check whether you could qualify for it.
“There are a range of other benefits available in later life including Attendance Allowance, Winter Fuel Payment, and more.
“Each year, up to £3.5billion of benefits go unclaimed by older people in the UK, so it’s worth checking whether you’re eligible for anything even if you think you’re getting everything you are entitled to.”
It may also be beneficial for older Britons to make extra money, through a side hustle, for example.
Individuals may be able to combine their hobbies with setting up a small business to provide them with extra income. This could include painting, sewing, knitting, cooking and gardening amongst other pursuits.
