retirement

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retirement

£820m tax bonus for Govt from auto-enrolment change
1 in 5 are rethinking retirement plans
1 in 5 delay retirement date
1 in 5 retirees are ‘pensioner millionaires’ study finds
10% of over-60s planning to push back retirement
11% of over 60s say: We don't ever intend to retire
12,000 savers lose lifetime allowance protection
15% of retired people regret lack of planning
16% use gut instinct to estimate retirement needs

One in six adults, or 16%, are relying on gut instinct to estimate their retirement needs, according to research from pension provider Standard Life.
2 in 3 'unretirees' failing to consider tax trap
2 in 3 self-employed failing to save via private pension
2 in 3 set to delay retirement due to finances
20-40 year-olds want to retire at 59
24% of over-55s in dash for pension cash while working
25-34 year-olds underestimate retirement needs by £400k
30% of 45+ year olds worried they can’t afford to retire
37% will never save for retirement
38% fear they won’t be able to retire in comfort
4 in 10 pensioners ‘having best time of their life’
4 in 5 cash lump sums paid to under 65s

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