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Required fields • Almost two in five (37%) 2021 retirees have accelerated retirement due to Covid-19 • Launched today, the
Class of 2021 report by Standard Life Aberdeen looks at how ready this year s retirees are for what is to come Two thirds (66%) of 2021 retirees risk not having the pension savings to sustain their planned retirement income, according to a new report launched today from Standard Life Aberdeen. In its inaugural
Class of report, surveying UK adults planning to retire this year, Standard Life Aberdeen revealed how ready the Class of 2021 is to retire, identifying what worries and excites them most, and how recent events have impacted their plans for retirement.
Two thirds of people retiring in 2021 risk running out of money
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Two thirds of people retiring in 2021 risk running out of money
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Soon-to-be retirees at risk of exhausting their retirement savings Many people are struggling to think more than five or ten years ahead
13:23, 10 MAR 2021
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Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Soon-to-be retirees are at risk of exhausting their retirement savings early and aren’t adequately planning for changing income needs in later life, according to new research from Standard Life.
A quarter (25 per cent) of those aged 55-64 who are still working say they are only budgeting for their retirement income to last ten years or less, despite a current average life expectancy of 82 years .
Soon-to-be retirees at risk of exhausting their retirement savings
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