“Half of UK adults worried about retirement funding”

Feb 22, 2022 | Pensions, Retirement

Apparently the ‘average worker’ saves a tad under £300 per month for their retirement; in most cases because they’re auto-enrolled in an employer’s pension scheme. Interestingly, that was about the average thirty years ago when I was a boy adviser. The big difference is, that £300 was in addition to their (free) final salary pension (kids, most definitely, ask your parents). So either, yes, be very afraid. Or accept that retirement, like national service and corporal punishment, will become a thing of the past which your granddad will say ‘never did me any harm’…

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“National insurance cut raises questions over state pension funding”

“National insurance cut raises questions over state pension funding”

In an election year, all parties will try to be all things to all men. Mostly, it’s only stuff which matters ‘on the doorstep’ which matters. In isolation, Mrs Miggins (not my invention) will be delighted that her pension has gone up with the highest measure of inflation; and no one running a business will be complaining that National Insurance has been reduced.

“Back to work for people aged 65”

“Back to work for people aged 65”

So is it ‘back to work’ or never stopping? And why? Because we’re cash-strapped and can’t afford to retire? Or healthier and realising that working can actually keep you healthy? Well, it all depends, of course.