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Young people 'may be working until 77'

Former pensions minister Steve Webb warns young people may have to work until they are 77 unless they save more now.

Katie McLaren, a 23-year-old woman, who works two jobs, says she can't afford to save for her pension and knows she may be forced to work into her 80s as a result.

A review of the state pension age could see it rise quite significantly.

Young people are being advised to save towards their retirement as early as possible.

Joanna Gosling spoke to Ms Mclaren along with Daniel Walters, who is 26 and self-employed, Mr Webb and Katie Morley, who is a personal finance reporter.

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9 minutes