Research suggests people £44,000 short on expected retirement income

Research suggests people £44,000 short on expected retirement income

Research suggests people £44,000 short on expected retirement income

First published in News
Last updated

New research suggests only nine per cent of people in London are ready for their planned retirement date.

The study by insurance company, Aegon UK, compared peoples’ expectations for retirement with their likely reality.

It discovered that on average, people in London and the south-east will fall £44,000 per year short of their expected retirement income – nearly twice the national average of £24,000.

The survey, of 4,000 people, also found 41 per cent of people in the area have never checked the performance of their existing retirement savings.

Most worryingly, people in the south-east have hugely inflated income expectations, hoping to see £57,000 per year in retirement, desperately short of the £13,000 they are likely to receive.

Aegon has launched a digital service called Retiready, designed to help people consider their retirement ambitions and understand if their overall readiness for retirement is on track.

Visit retiready.co.uk

Comments (2)

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5:24pm Sat 31 May 14

white rabbit9 says...

It's ok the system want's 6 billion people dead anyway, so this is the plan, make sure no one can save for there retirement and kill off millions with starvation and selling there property back to the banks. Simples. It will be to late before people cotton on to the plan and do anything about it. Banks are laughing all the way to their own banks and there profits.
It's ok the system want's 6 billion people dead anyway, so this is the plan, make sure no one can save for there retirement and kill off millions with starvation and selling there property back to the banks. Simples. It will be to late before people cotton on to the plan and do anything about it. Banks are laughing all the way to their own banks and there profits. white rabbit9
  • Score: 6

8:44am Mon 2 Jun 14

PaulErith says...

white rabbit9 wrote:
It's ok the system want's 6 billion people dead anyway, so this is the plan, make sure no one can save for there retirement and kill off millions with starvation and selling there property back to the banks. Simples. It will be to late before people cotton on to the plan and do anything about it. Banks are laughing all the way to their own banks and there profits.
The World is too over populated so the only way to save it is for it to reduce. It happens in the wild when an area gets over populated. It's not a bad thing so don't look on as one.
[quote][p][bold]white rabbit9[/bold] wrote: It's ok the system want's 6 billion people dead anyway, so this is the plan, make sure no one can save for there retirement and kill off millions with starvation and selling there property back to the banks. Simples. It will be to late before people cotton on to the plan and do anything about it. Banks are laughing all the way to their own banks and there profits.[/p][/quote]The World is too over populated so the only way to save it is for it to reduce. It happens in the wild when an area gets over populated. It's not a bad thing so don't look on as one. PaulErith
  • Score: 4

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