Most workers not saving enough for a moderate retirement

bbc.co.uk

Over three-quarters of workers are not saving enough for a moderate retirement lifestyle, a new report indicates. The Pensions UK report estimates a moderate retirement costs £32,700 annually for one person and £45,400 for two, with only 23% of workers on track to meet these figures. Rising bills have increased retirement costs, prompting calls for action to boost savings. A minimum lifestyle is achievable for most, but comfort is out of reach for many.


With a significance score of 2.1, this news ranks in the top 23% of today's 32056 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Most workers not saving enough for a moderate retirement | News Minimalist