In Brief: Looking to retire from work, not a pay check? #RetirementReady
Monday, 20 September 2021
A new report reveals how two-thirds (66%) of adults planning to retire this year risk running out of money[1]. The research found that a 2021 retiree plans to spend, on average, £21,000 a year in retirement – almost £10,000 less than the average UK household income (£29,900)[2]. Just two in five (39%) feel very confident that they’re financially ready to finish working this year, with a third (34%) of women feeling very confident versus two in five (43%) men.
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