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International Business Times UK
International Business Times UK
Business
Brian Yalung

Experts Say UK Pensioners Need £45,400 a Year To Retire Comfortably, But Fewer Than 1 in 10 Are on Track To Reach It

Only 9% of Britons are currently on track for a comfortable retirement, according to new research highlighting growing concerns over pension savings. (Credit: SHVETS production | Pexels)

Britons face a stark warning over their retirement prospects, with new analysis suggesting only around one in ten (9%) will achieve the income level needed for a comfortable standard of living after they stop working.

Research cited by Pensions UK, drawing on the latest Retirement Living Standards from the Centre for Research in Social Policy at Loughborough University, highlights widening gaps between expected and actual retirement incomes across the UK.

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