The reality of retirement affordability
New research reveals that one in three people could face hardship in retirement. Source: Frontier Economics based on Scottish Widows survey data The “cost of living crisis” is a phrase that is hard to avoid in any media. High inflation, stealthily increasing taxation and constrained earnings growth are an unwelcome combination that leaves few of […]
The rising cost of retirement
How much income do you actually need in retirement? New research shows an increase that might surprise you. In 2019, the Pensions and Lifetime Savings Association (PLSA) published research examining how much three different levels of retirement living standards would cost for couples and those living on their own. The three standards were summarised as: […]