Question: Planning for retirement is much too difficult. I don't understand how the State Pension works. Required: a) Prepare brief notes to explain to a

Planning for retirement is much too difficult. I don't understand how the State Pension works.

Planning for retirement is much too difficult. I don't understand how the State Pension works." Required: a) Prepare brief notes to explain to a friend of yours how the State Pension system operates. b) Discuss whether you agree with the sentiments expressed. c) What are the potential risks for an individual in reliance on the state pension alone?

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