Displaying items by tag: retirement planning

Just four in ten retirement savers are on track to achieve the moderate level of income highlighted by the PLSA retirement income standards, according to a new report.

Over 9 in 10 (92%) high-net-worth consumers underestimate how much money they need for a comfortable retirement, according to new research.

Almost a quarter (24%) of those retiring this year are quitting work earlier than intended due to the impact of the Coronavirus pandemic, according to a new report.

Over 15 million (78%) non-retired married people have no idea about the value of their spouse’s pensions, according to a new report.

Nearly one in three retirees are retiring in debt in 2021 according to new research.

Almost half (46%) of over 55s have no idea how much money they need in order to retire comfortably, according to new research.

A third (31%) of UK homeowners over 40 who are not yet retired plan to work beyond their State Pension age, according to a new report.

Over a tenth (12%) of UK homeowners over 40 years old would consider releasing equity from their property to supplement their retirement income, according to a new report.

Those aged 55-64 are at risk of exhausting their retirement savings early and are not adequately planning for their retirement, according to new research.

One in five of Generation X are now saving less or spending down their retirement savings as a result of the Coronavirus pandemic, according to a new report.