Policy and Advocacy at Pensions UK
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Exact amount you need to have a ‘comfortable’ retirement, pension experts reveal
Exact amount you need to have a ‘comfortable’ retirement, pension experts reveal The cost of a comfortable retirement is now thousands more each year The Retirement Living Standards report has revealed exactly how much people will need to have each year in retirement in order to live the lifestyle they want. But pension experts warn only 9% of people might have enough in their pension to afford a ‘comfortable’ retirement. The Pension UK report calculates how much a minimum, moderate and...
People born before 1976 told 'make crucial check before it's too late'
People born before 1976 told 'make crucial check before it's too late' It could make all the difference in the years to come People in their 50s have been told it's time to make a crucial check. Financial advisers and money experts have responded to Pension UK's updated Retirement Living Standards (RLS) report, which shows that under a quarter of people are predicted to have a moderate standard of living in retirement. They say that, for anyone in their 50s who has not saved enough for their...